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420 Alberto Way 5, Los Gatos, California 95032, Los Gatos, 95032 - 1 bed, 1 bath

420 Alberto Way 5, Los Gatos, California 95032 home-pic-0
ACTIVE$525,000
420 Alberto Way 5, Los Gatos, California 95032
1Bed
1Bath
789Sqft
950Lot
Year Built
1970
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$665
HOA
$720
Days on market
-
Sold On
-
MLS number
ML82025901
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $525.0K(9th), sqft - 789(27th), beds - 1(18th), baths - 1(27th).

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.

Nearby schools

9/10
Louise Van Meter Elementary School
Public,•K-5•0.4mi
8/10
Loma Prieta Elementary School
Public,•K-5•7.3mi
8/10
Raymond J. Fisher Middle School
Public,•6-8•0.6mi
9/10
C. T. English Middle School
Public,•6-8•7.3mi
10/10
Los Gatos High School
Public,•9-12•0.5mi

Price History

Date
Event
Price
10/24/25
Listing
$525,000
Condition Rating
Fair
Built in 1970, this property is over 50 years old. While the kitchen has updated stainless steel appliances and dark countertops, the cabinets appear to be older, possibly painted originals, suggesting a cosmetic refresh rather than a full modern renovation. There are no images or specific details provided for the bathroom, which is a key area for condition assessment. The property is likely well-maintained and functional, but its age and the partial nature of the kitchen update indicate that other areas may be dated and could benefit from minor updates or repairs to meet current aesthetic standards.
Pros & Cons

Pros

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).
Prime Los Gatos Location: The property boasts an exceptional location, offering a short walk to downtown Los Gatos and convenient access to major commute routes, all within a desirable 'park-like setting'.
Top-Tier School District: Located within the highly sought-after Los Gatos school district, featuring top-rated elementary, middle, and high schools, which is a significant draw for residents.
Accessible Price Point: Advertised as 'one of the lowest prices in Los Gatos,' this property presents a rare and accessible opportunity for homeownership in a highly desirable and affluent community.
Desirable Unit & Community Amenities: The unit features an updated kitchen, a cozy gas fireplace, and a private outdoor patio with mountain views. Residents also benefit from a large community pool and beautifully maintained grounds.
Inclusive HOA Dues: Monthly HOA dues cover essential utilities including water, gas, and garbage, simplifying budgeting and reducing separate utility expenses for residents.

Cons

Substantial Monthly HOA Fees: The $720 monthly HOA fee is relatively high, which could be a significant ongoing financial commitment for potential buyers.
Rental Restrictions: Per HOA regulations, the property cannot be purchased and used as a rental, limiting its appeal for investors or those considering future rental income.
Compact Living Space & Limited Parking: As a 1-bedroom, 1-bathroom unit with 789 sqft, the living space is compact, and the provision of only one covered parking space may be insufficient for some households.

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