4 Tait Avenue, Los Gatos, California 95030, Los Gatos, 95030 - 0 bed, 1 bath
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Los Gatos, California 95030
This Historic Value-Add Asset is a High-Potential Investment Opportunity with a List Price of $3,500,000, positioned near its $3,368,419 Fair Market Value. While the Condition Rating of 5 necessitates a total interior overhaul of the Historic Firehouse, the upcoming R-1D Residential Rezoning and ADU Potential on the 12,234 sqft lot provide significant forced appreciation. Served by the Los Gatos-Saratoga Joint Union High School District, this landmark property offers a rare downtown development play. This acquisition is ideal for Visionary Developers or Historic Preservationists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4 Tait Avenue Subject | $3,500,000* List Price | 0 | 1 | 2,525 | $1,334 | - |
A 16345 Alexander Avenue Active | $3,998,000 List Price | 4 | 5 | 2,965 | $1,348 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1927 as a firehouse and later used as a museum, this property is currently non-habitable as a residence. It lacks essential living features, including a full bathroom (only a half-bath exists) and a functional kitchen (no appliances). The interior requires a complete overhaul and significant rehabilitation to convert the institutional layout into a residential space, meeting the criteria for a property requiring substantial repairs and system installations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12234, living area = 2525.
Originally built as the town's firehouse, this iconic building offers a rare opportunity to own a piece of Los Gatos history with unique architectural character and a prominent downtown presence.
Situated in the heart of Los Gatos, the property provides immediate walking access to high-end dining, boutique shopping, and top-rated schools within a thriving central business district.
The Landmark & Historic Preservation Overlay and specific Historic Declaration of Covenants strictly limit alterations, requiring rigorous town approval for any exterior or structural changes.
Currently configured as a museum with only a half-bath and no kitchen appliances, the building requires a complete interior overhaul and town-approved plans to become a functional residence.
4 Tait Avenue (APN #510-44-054), Los Gatos, is a ~0.28-acre parcel that includes a ~2,525 SF historic building, originally built in the early 1900s as the Town’s Firehouse and later used as a museum. There is also an adjoining surface parking lot with a small utility structure. The Property is currently zoned C-2:LHP – Central Business District/Landmark & Historic Preservation Overlay. However, the Los Gatos Town Council recently approved rezoning the Property to R-1D/LHP (Single-Family Residential Downtown/Landmark & Historic Preservation Overlay with a Medium Density Residential Land Use Designation) to allow a residential use consistent with the character of the nearby neighborhoods. The R-1D: LHP zoning is expected to take effect on March 4, 2026. Additionally, improvements or alterations to the Firehouse/Museum building and property will be subject to the attached Los Gatos Historic Declaration of Covenants and Restrictions, which will run with the land. Buyers should carefully read the Historic Covenant and Restrictions before submitting an offer. The Firehouse/Museum presently features a large conference room, a fully enclosed, converted garage, and two additional open-space rooms. The building has a one-half bathroom, a kitchen/breakroom (no appliances), and possibly a washer hookup in a small room off the conference room. The interior space of the Firehouse may require a Town approved plan to convert the building into a single-family residential unit. Also, the adjoining surface parking lot, including the small utility structure, may support the development of an ADU or may be subdivided and developed into a single-family home or an ADU, subject to planning and building requirements, and Town approval (Buyer to verify). The Property is also served by the Los Gatos Union School District (K–8) and the Los Gatos–Saratoga Joint Union High School District (9–12). The site is surrounded by strong trade-area demographics and local amenities, with excellent access to major freeways. Los Gatos is home to a quaint, thriving downtown central business district featuring boutique shops, retailers, and range of restaurant options. There are many outdoor open-space options, such as Oak Meadow Park, Vasona Lake County Park, Los Gatos Creek Trail, and the El Sereno Open Space Preserve. Los Gatos is a wonderful place to live and raise a family. *Buyer to verify all listed information. See supplements for OM and Historic Covenant.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 3% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 2,525 | 2,511 | 55% |
| Lot Size | 12,234 | 19,132 | 38% |
| Price | $3.50M | $3.90M | 41% |
| Price per sq ft | $1.4K | $1.6K | 34% |
| Built year | 1927 | 1961 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 127 | 24% |
Feb 26, 2026
$3,500,000
Initial Listing