Price estimates - Los Altos Edition


#1

4-plex. Let’s see estimates.


#2

One more in the price range but 8 plex in MV:


#3

estimates?


#4

Montain view has rent control


#5

Here’s one work around - i am curious.
For the owner occupied case, can you move in every year to another unit to evict current tenant to increase rents (assuming you were gonna do owner occupied anyway).


#6

Should we pool some money to buy some of these apartments?
They are for purely cash flows only, right?

Huh? Then no good.


#7

yeah mtv multiunits have rent control. Los altos doesn’t. Los altos is mainly home-owners as opposed to renters and not many multiunits as far as i can tell.


#8

sold for 3.6


#9

also sold for 3.6


#10

Saw this:

NIMBY or not?


#11

Ok here is a non-selling home:

My agent was openhousing it for her friend, so we visited her. It was somewhat dated, but still gorgeous imho. It was a weekend, and there was not much noise from road, but i can imagine it having lots of noise during the week. Had a bath tub overlooking yard/pool, which my wife liked :slight_smile:

I am curious to see what it will sell for.


#12

Probably around 3.4. This part of Los Altos is less desired and it’s right by foothill. If this was on the other side of foothill, it’d probably be 3.7+


#13

I wouldn’t have expected a second weekend openhouse on this. Not sure how much noise it’s getting. Large home, in north los altos. The owner is probably seeking more money.

I learned that the owner does seek more money for this:


Nearby home sold for 3.9 in same street very recently, it will probably sell near 4.2M or so, if it keeps its slowness.


#14

Los altos homes… most of them single story. probably old people love them because no stairs, and large lots make it ok… ugh.


#15

Somebody overpaid 3 years ago?


Sale price: 1,700,000 in 2015.

List Price: 1,998,000 didn’t sell.
Got a price cut: 1,898,000


#16

Wealthy buyers look for quietness. This is next to hwy !


#17

IT was next to a highway before, too!


#18

Easy freeway access:stuck_out_tongue_closed_eyes:

That house would be $350k in South Lake Tahoe and no freeway noise


#19

Let’s see guesses on this one:

It looks very nice, and in north los altos. @n4s


#20

$3.5M