420 Alberto Way 22, Los Gatos, California 95032, Los Gatos, 95032 - 2 bed, 2 bath
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Los Gatos, California 95032
This Move-In Ready Condominium is a High-Potential Investment Opportunity, listed at $798,888—positioned well above the $680,572 Fair Market Value by -17%. While priced above market, the property features a Condition Rating of 3, highlighted by a Granite Kitchen and bright living spaces. Located in the premier Los Gatos Unified School District, it offers access to Top-Rated Schools like Los Gatos High (10/10). With Inclusive HOA Utilities and a community pool, this home is an ideal sanctuary for Owner-Occupants or first-time buyers prioritizing lifestyle and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Alberto Way 22 Subject | $798,888* List Price | 2 | 2 | 1,032 | $659 | - |
A 453 Alberto Way D160 Sold | $680,000 | 2 | 2 | 1,136 | $599 | 0.1 mi |
B 449 Alberto Way 132 Sold | $625,000 | 2 | 2 | 888 | $704 | 0.1 mi |
C 449 Alberto Way C139 Sold | $690,000 | 2 | 2 | 1,136 | $607 | 0.1 mi |
D 443 Alberto Way B115 Sold | $615,000 | 2 | 2 | 1,076 | $572 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the property features a kitchen and living area renovation (granite counters, white cabinetry, and laminate flooring) likely completed within the last 5-15 years. The unit is well-maintained, functional, and move-in ready, though the bathroom and appliances show more age.
Elementary School: Louise Van Meter Elementary School (9/10). Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
The property is within walking distance to top-rated schools in the Los Gatos Unified School District, including Los Gatos High School which boasts a perfect 10/10 rating.
The association fee covers essential utilities including water, gas, and garbage, offering owners simplified monthly budgeting and significant value-add.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =991, other record lot size in square feet = 1104.
The monthly HOA fee of $720 is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1970, the complex may present challenges associated with older construction, such as aging common area infrastructure or limited modern architectural features.
Walking distance to all assigned schools in the Los Gatos Unified School District. Step inside to an updated kitchen and living room flooded with natural light, anchored by a cozy fireplace and welcoming dining room overlooking the balcony decorated by the community landscape. Homeowner's association features spacious swimming pool; utilities such as water, gas, and garbage are also included with even more community maintenance as owners' peace of mind.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 7.3 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,032 | 1,136 | 38% |
| Lot Size | 991 | 979 | 54% |
| Price | $798.9K | $798.9K | 50% |
| Price per sq ft | $774 | $774 | 50% |
| Built year | 1970 | 1974 | 38% |
| HOA | $720.0 | $742 | 46% |
| Days on market | 23 | 116 | 8% |
May 14, 2026
$798,888
Initial Listing
Sep 7, 2018
$840,500
Public Record
Jan 6, 2004
$369,500
Public Record