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

home-pic
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
-
HOA
$720
Days on market
-
Sold On
-
MLS number
ML82025901
Home ConditionGood
Features
Good View: Mountain(s)
Pool
ViewMountain(s)

About this home

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-50.4mi
8/10
Loma Prieta Elementary School
Public,K-57.3mi
8/10
Raymond J. Fisher Middle School
Public,6-80.6mi
9/10
C. T. English Middle School
Public,6-87.3mi
10/10
Los Gatos High School
Public,9-120.5mi

Price History

Date
Event
Price
10/24/25
Listing
$525,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (10 Listings)
Beds12
18%
Baths12
27%
Square foot7891,097
27%
Lot Size9500
9%
Price$525K$755K
9%
Price per square foot$665$742
27%
Built year19701978
27%
HOA$720$581
73%
Days on market11180
9%
Condition Rating
Good

The property, built in 1970, features an 'updated kitchen' as described and evidenced by modern stainless steel appliances, granite-style countertops, and hardwood flooring. These updates suggest a renovation within the last 5-15 years, making the kitchen functional and aesthetically pleasing. The exterior and common areas appear well-maintained, contributing to a move-in ready condition. While no bathroom images are provided, the visible updates and overall upkeep prevent it from falling into the 'Fair' category, which typically implies more outdated major components.
Pros & Cons

Pros

Prime Los Gatos Location: Situated in a highly desirable Los Gatos neighborhood, offering walkability to downtown amenities and convenient access to major commute routes.
Relative Affordability: Positioned as one of the lowest-priced properties in Los Gatos, providing an accessible entry point into this premium market.
Excellent School District: Located within the highly-rated Los Gatos school district, a significant draw for families and property value.
Desirable Community Features: Enjoys a park-like setting with beautifully maintained grounds, a community pool, and a private patio with mountain views.
Updated Unit & Value-Added HOA: Features an updated kitchen, a cozy gas fireplace, and HOA dues that include water, gas, and garbage, simplifying monthly expenses.

Cons

Substantial HOA Dues: The monthly HOA fee of $720 is relatively high, which could impact overall affordability despite included utilities.
Rental Prohibition: HOA regulations explicitly forbid using the property as a rental, significantly limiting its potential as an investment property.
Compact Living Space: With 1 bedroom, 1 bathroom, and 789 sqft, the unit offers limited living space, potentially restricting appeal to a broader buyer pool.

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