453 Alberto Way D155, Los Gatos, California 95032, Los Gatos, 95032 - 3 bed, 2 bath
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Los Gatos, California 95032
This Turn-Key Condominium represents a Strong Value Opportunity, listed at $799,000—positioned well below the $859,128 Fair Market Value by 6%. This valuation gap offers $60,128 in Instant Equity for the buyer. Featuring a Good Condition Rating with custom stone finishes and a private slate patio, this residence offers a refined lifestyle in a 55+ community. With access to Top-Rated Schools (10/10 High School), this property is an ideal acquisition for Downsizing Retirees or Owner-Occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 453 Alberto Way D155 Subject | $799,000* List Price | 3 | 2 | 1,413 | $608 | - |
A 453 Alberto Way D160 Sold | $680,000 | 2 | 2 | 1,136 | $599 | 0.0 mi |
B 449 Alberto Way 132 Sold | $625,000 | 2 | 2 | 888 | $704 | 0.1 mi |
C 443 Alberto Way B115 Sold | $615,000 | 2 | 2 | 1,076 | $572 | 0.1 mi |
D 439 Alberto Way A102 Active Under Contract | $879,000 List Price | 3 | 2 | 1,452 | $605 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was renovated in 2012 (12 years ago), placing it within the 5-15 year renovation window for a 'Good' rating. It features a functional kitchen with natural stone tile, updated bathrooms, vinyl plank flooring, and fresh interior paint, making it move-in ready and well-maintained.
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).
This ground-floor unit is move-in ready, featuring tasteful updates to the kitchen and bathrooms, fresh interior paint, and modern vinyl plank flooring throughout.
Boasting over 1,400 sqft, the open floor plan offers excellent separation of space with a primary suite on one side and two oversized bedrooms on the other, ideal for guests or a home office.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2876, other record lot size in square feet = 436.
Located in a 55+ community, the property has strict occupancy requirements that significantly limit the potential buyer pool and future resale flexibility.
The $783 monthly association fee represents a substantial recurring expense that may impact the overall affordability and budget for buyers on a fixed income.
Turn Key ground floor unit in highly sought after 55+ Community Los Gatos Commons. This large 3/2 unit was tastefully updated in 2012, kitchen and bathrooms have a custom natural stone tile as well as quality cabinets and vinyl plank flooring. Slate stone back patio really elevates the quaint private patio with access from living room and 2 of the bedrooms. Upon entering, the spacious open floor plan will welcome you home. There is a nice separation of space with the primary suite on one side and 2 other oversized bedrooms on the other side. Fresh interior paint, upgraded lighting and fixtures, making this a beautiful move-in ready property. at least one occupant must be 55+, a 2nd occupant 45+.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 7.4 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,413 | 1,413 | 50% |
| Lot Size | 2,876 | 979 | 92% |
| Price | $799.0K | $799.0K | 50% |
| Price per sq ft | $565 | $704 | 23% |
| Built year | 1978 | 1978 | 50% |
| HOA | $783.0 | $755 | 69% |
| Days on market | 15 | 116 | 8% |
May 22, 2026
$799,000
Initial Listing
Oct 31, 2002
$300,000
Public Record
Oct 22, 1997
$185,000
Public Record