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ActiveMulti-Family

$1,950,000

645 Vasona Ave, Los Gatos 95032

Beds6
Baths3.5
Sqft2,397
DOM12
No Photos Available

AddressIntel AI Briefing

The optimal play is teardown-and-mansionize to build a new luxury home, given that SB 9 density expansion pathways are not applicable here. The property features a solid lot size in a high-demand Los Gatos enclave, making a custom single-family build the highest-value option. Low owner-occupancy rates in this census block suggest an active local tenant and transitional market.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Los Gatos)

2026-09-20101 BOND CT, LOS GATOS CA 95030
Online Pre-aplication
--Received
2026-09-19101 BOND CT, LOS GATOS CA 95030
Online Pre-aplication
--Pending
2026-09-1816769 FARLEY RD, LOS GATOS CA 95032
Building/Building/Commercial/New
--Plan Check
2026-09-18808 LILAC WAY, LOS GATOS CA 95032
PV Solar Permit with SolarAPP+ Approval
--Issued
2026-09-1815995 CERRO VISTA DR, LOS GATOS CA 95032
Residential - Photovoltaic
--Plan Check
2026-09-18101 ROSS CREEK CT, LOS GATOS CA 95032
PV Solar Permit with SolarAPP+ Approval
--Issued

Parcel & Zoning Info

APN40632034
Official Lot Sqft6,970
Zoning Code--
SB 9 StatusN/A

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Village

Campbell Union

0.3 miles away
Middle School

Rolling Hills Middle

Campbell Union

1.1 miles away
High School

Westmont High

Campbell Union High

1.2 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

72/100

Based on recent sales velocity and local demand in 95032.

Flippability Score

65/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

19%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 3 recent multi-family sales in Los Gatos (95032): $825/sqft. No size-matched sales in Los Gatos, so this median mixes build sizes and reads high for a large rebuild.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,980,000
New Build3,600 sqft
Total Capital Required$4,105,000
Estimated Resale (ARV)$2,970,000
Cost of Sale (5%)-$148,500
Net Proceeds$2,821,500

Projected Profit

-$1,283,500
-31.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Los Gatos 95032)

No size-matched sales in Los Gatos, so these are unmatched on size and the ARV below is a loose estimate.

118 Verde Ct

Sold
$1,650,000
Sold: 2026-07-08
Lot: 8,160
Sqft: 2000
$/Sqft: $825

106 Verde Ct

Sold
$1,661,000
Sold: 2026-06-24
Lot: 8,160
Sqft: 2000
$/Sqft: $831

214 Avery Ln

Sold
$3,968,500
Sold: 2026-05-20
Lot: 12,437
Sqft: 5622
$/Sqft: $706