Description
Rare opportunity for high end private Residential Condos in Los Altos To comply with State housing mandates the City of Los Altos recently permitted residential only developments and mixed-use developments for this property which is located in the OA Zoning District. This allows owners to easily convert this beautiful 2 story freestanding office building into a 2-unit or 3-unit residential condo project or a mixed-use project with retail/office on ground floor and residential condo on 2nd floor. It is a rare opportunity to buy into the coveted Los Altos neighborhood. Unique features in this rare opportunity: - The building currently has 2637SF across two levels, allowing expansion to ~3200SF which would create two large ~1600SF condos on each level. Higher density 3 condos also possible. - Built in elevator to connect the two floors making it ideal for ADA accessibility. The building also has separate entrances to the 1st and 2nd floors allowing privacy for residents. - 0.12 acre location on S San Antonio Rd, a stones throw to downtown restaurants and bars as well as easy access to top ranked Los Altos schools - 5,325 SF Lot with 9 parking spots with possibility for further expansion to 10 allowing multiple parking spots for each condo.
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5BEDS
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0.12ACRES
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3BATHS
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01/2 BATHS
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2,637SQFT
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$1,295$/SQFT
Description
Rare opportunity for high end private Residential Condos in Los Altos To comply with State housing mandates the City of Los Altos recently permitted residential only developments and mixed-use developments for this property which is located in the OA Zoning District. This allows owners to easily convert this beautiful 2 story freestanding office building into a 2-unit or 3-unit residential condo project or a mixed-use project with retail/office on ground floor and residential condo on 2nd floor. It is a rare opportunity to buy into the coveted Los Altos neighborhood. Unique features in this rare opportunity: - The building currently has 2637SF across two levels, allowing expansion to ~3200SF which would create two large ~1600SF condos on each level. Higher density 3 condos also possible. - Built in elevator to connect the two floors making it ideal for ADA accessibility. The building also has separate entrances to the 1st and 2nd floors allowing privacy for residents. - 0.12 acre location on S San Antonio Rd, a stones throw to downtown restaurants and bars as well as easy access to top ranked Los Altos schools - 5,325 SF Lot with 9 parking spots with possibility for further expansion to 10 allowing multiple parking spots for each condo.
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Listing courtesy of David Taxin of Meacham Oppenheimer, Inc.: .