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Shovel ready Single Family residence in Los Gatos, CA.

$ 1,600,000
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Subject Property and Comparables

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


Fully permitted lot in Los Gatos, CA
See all details in this listing,-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
Zip: 95030
Country: United States
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Property Id : 32438
Price: $ 1,600,000
walkscore56 / Somewhat Walkable more details here

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