420 Alberto Way 5, Los Gatos, California 95032, Los Gatos, 95032 - 1 bed, 1 bath
420 Alberto Way 5
Los Gatos, California 95032
Property Price
SUMMARY
Analysis of 420 Alberto Way 5, Los Gatos, California 95032 is currently available with a list price of $525,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Gatos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1970, this property is over 50 years old. While the kitchen features updated stainless steel appliances and dark countertops, the cabinets appear to be painted older units, and the lighting is basic. The hardwood floors are a positive, but the fireplace design is dated. The absence of bathroom photos makes a full assessment challenging, but based on the visible elements, the property is aged and maintained through regular upkeep and occasional updates, rather than a recent extensive renovation. It is functional but shows signs of being outdated in style.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
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).
- Exceptional Location & Walkability
The property boasts a fabulous location, just a short walk to the heart of downtown Los Gatos and convenient to major commute routes.
- Affordable Entry Point
Representing one of the lowest prices in Los Gatos, this condo offers an accessible opportunity to own in a highly desirable community.
CONSRISKS & DEFICIENCIES
- Rental Restrictions
Per HOA regulations, this property cannot currently be purchased and used as a rental, limiting its appeal to investors.
- High Monthly HOA Dues
The $720 monthly association fee is substantial, which could impact overall affordability despite the included utilities.
- Compact Living Space
With 1 bedroom and 789 sqft, the unit offers limited living space, potentially restricting its appeal to singles or couples rather than families.
About 420 Alberto Way 5
Live in a park like setting in this fabulous condo. One of the lowest prices in Los Gatos in the highly sought after Los Gatos school district. If your looking to be in Los Gatos, this is your answer. Quiet upper unit includes your own outdoor patio area overlooking the mountains. Relax in your living room with a gas fireplace. Updated kitchen with dining area. Mature, beautifully maintained grounds including large a community pool.Fabulous location. Just a short walk to the heart of downtown Los Gatos. Convenient to all major commute routes. There is no 55+ age restriction. Water, gas and garbage are included in the monthly HOA dues. Comes with one covered parking space. Please note that per HOA regulations, this property currently cannot be purchased and used as a rental. Whether you're seeking to own your first home, downsizing, looking to be closer to work or just want to live in and become part of the Los Gatos community, don't miss this unique opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 950 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $720.0 / Month
Neighborhood Insights
Los Gatos Unified Schools
Louise Van Meter Elementary School
Grades K-5 • 0.4 mi
Loma Prieta Elementary School
Grades K-5 • 7.3 mi
Raymond J. Fisher Middle School
Grades 6-8 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 9% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 789 | 1,136 | 9% |
| Lot Size | 950 | - | 73% |
| Price | $525.0K | $680.0K | 27% |
| Price per sq ft | $665 | $650 | 55% |
| Built year | 1970 | 1978 | 27% |
| HOA | $720.0 | $721 | 45% |
| Days on market | 134 | 129 | 64% |
Pricing History
Listed for Sale
Oct 24, 2025
$525,000
Initial Listing