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Shovel ready Single Family residence in Los Gatos, CA.

$ 1,600,000
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ARV
Seller's estimated After Repaired Value (ARV). Your ARV will depend on your plans for the property. Always do your own due diligence. Then make an offer.
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Price
Seller's asking price. Your negotiation starts here. Make an offer. You may get a counter-offer to start negotiations. Make enough offers and you'll get some accepted.
$1,600,000
Repairs
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Zestimate©
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Subject Property and Comparables

# Address Beds/Baths Sq. ft. Last Sale Date Last Sale Price

Description

Fully permitted lot in Los Gatos, CA
See all details in this listing
https://www.zillow.com/homes/26-Alpine-Ave-Los-Gatos,-CA,-95030_rb/153436826_zpid/

I am hitech engineer who ended up buying this lot(long story). As I am not a developer and have my full time work, I cannot do this myself.

Here is the math
Buy the lot for  : $1.6M
Construction cost :  $1.6M
Carry cost : ~$0.2M
Total input cost : $3.4M
ARV : $4.5M
Profit : $1.1M

 

 

Address: 26 Alpine Avenue, Los Gatos, CA, USA
City:
State/County:
Zip: 95030
Country: United States
Open In Google Maps
Property Id : 32438
Price: $ 1,600,000
walkscore56 / Somewhat Walkable more details here

Active Life

Active Auto Body
(13.12 miles)Active Auto Body
Active Spinal & Sports Care
(18.18 miles)Active Spinal & Sports Care
Active Health Chiropractic & Recovery Center
(3.57 miles)Active Health Chiropractic & Recovery Center

Restaurants

Sidecar Modern Tavern
(0.41 miles)Sidecar Modern Tavern
Épernay Bistro
(0.4 miles)Épernay Bistro
Los Gatos Soda Works
(0.38 miles)Los Gatos Soda Works

Shopping

Old Town Los Gatos
(0.47 miles)Old Town Los Gatos
Redemption
(0.6 miles)Redemption
Kitsch Couture
(0.57 miles)Kitsch Couture

Transportation

Transports
(46.03 miles)Transports
Corinthian Transportation
(3.65 miles)Corinthian Transportation
Elite Ground Transportation Services
(0.98 miles)Elite Ground Transportation Services
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Kumar

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