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ActiveCondo

$569,000

576 W Parr Ave Unit 21, Los Gatos 95032

Beds2
Baths1
Sqft934
DOM14
No Photos Available

AddressIntel AI Briefing

An excellent condo investment opportunity, priced a staggering 35.7% below current market comps. Backed by solid rental demand, this asset offers highly predictable cash flows with no immediate capex requirements. It stands as a premier defensive play for yield-focused portfolios.

Property Permit History

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

Recent Neighborhood Remodeling (Los Gatos)

2026-07-23REMOVE EXISTING ASPHALT SHINGLES TO THE ROUGH DECK, REPLACE WITH NEW PRESIDENTIAL ASPHALT SHINGLES 82 SQ
Commercial - Reroof
--Active
2026-07-23replace 2 windows-sierra pacific clad-spoke with Sean Mullin over the counter
Online Pre-aplication
--Received
2026-07-23Complete tear-off of existing roof down to the deck and installation of new GAF Timberline UHDZ RS architectural asphalt shingle system over approximately 43 squares. Includes synthetic underlayment, leak barrier, starter strip, ridge-cap shingles, and new pipe-jack/vent flashing. Up to two (2) sheets of plywood decking replacement included as standard; any additional decking replacement will be addressed separately if discovered.
Residential - Reroof
--Pending
2026-07-23REPLACING 4 WINDOWS LIKE-FOR-LIKE.
Residential - Alteration
--Plan Check
2026-07-23REPLACE EXISTING 50 GALLON GAS WATER HEATER TANK
Residential - Water Heater
--Pending
2026-07-23Solar App Plus Project ID: SA20260721-9913-43-2172-A Scope: PV Solar Array and Storage (ESS) PV System Size: 15.64 kW DC (undefined) PV Modules: REC460AA Pure-RX (2) Inverter(s): null Main Panel Upgrade/Changeout: No
PV Solar Permit with SolarAPP+ Approval
--Issued

Parcel & Zoning Info

APN40643055
Official Lot Sqft1,742
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score100/100
Price / Sqft$609 vs $949 mkt
Price vs Market-35.8% Below market
Est. Rent$1,976/mo

2 units in this building are on the market now (median $587/sqft).

Price positioning vs. 80 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos — the owner doesn't control the underlying land.

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.

Nearby Public Schools

Elementary School

Village

Campbell Union

0.1 miles away
Middle School

Rolling Hills Middle

Campbell Union

1.3 miles away
High School

Westmont High

Campbell Union High

1.3 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

75/100

Based on recent sales velocity and local demand in 95032.

Flippability Score

95/100

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

Bidding War Prob.

12%

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.

Based on 6 recent sales in 95032 averaging $1,399/sqft.

Hard Costs$560,400
New Build1,401 sqft
Total Capital Required$1,304,400
Estimated Resale (ARV)$1,959,999

Projected Profit

$655,599
50.3% ROI

Recent Comparables (95032)

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