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ActiveCondo

$1,995,000

73 3rd St Apt 15B, Los Altos 94022

Beds3
Baths2
Sqft1,520
DOM21
No Photos Available

Size check

The listing's square footage against the county assessor's record and the permits on file.

Listing
1,520 sqft
County record
1,578 sqft
Difference
-58 (-4%)

The listing and the county record agree within 10%.

What can explain a difference
  • Space built without a permit.
  • Permitted work the assessor has not recorded yet.
  • An ADU, a finished basement or a converted garage counted in one figure and not the other.
  • Different measuring. Listing agents and the assessor often measure the same house differently.
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AddressIntel AI Briefing

This property represents a stable condo investment, positioned close to market averages in a highly sought-after, high-income Los Altos location. It offers steady rental yield potential with limited maintenance overhead, making it an excellent defensive portfolio asset.

Property Permit History

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

Recent Neighborhood Remodeling (Los Altos)

Parcel & Zoning Info

APN16748019
Official Lot Sqft1,307
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score50/100
Price / Sqft$1,313 vs $1,311 mkt
Price vs Market+0.1% At market
Est. Rent$6,927/mo

Price positioning vs. 88 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. 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

Gardner Bullis Elementary

Los Altos Elementary

0.7 miles away
Middle School

Ardis G. Egan Junior High

Los Altos Elementary

1.1 miles away
High School

Los Altos High

Mountain View-Los Altos Union High

0.6 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

62/100

Based on recent sales velocity and local demand in 94022.

Flippability Score

30/100

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

Bidding War Prob.

16%

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 9 recent condo sales in Los Altos (94022): $1,590/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,300 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

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

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$1,265,000
New Build2,300 sqft
Total Capital Required$3,435,000
Estimated Resale (ARV)$3,841,000
Cost of Sale (5%)-$192,050
Carry (33mo @ 7%)-$522,638
Net Proceeds$3,126,313

Projected Profit

-$308,688
-9.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Los Altos 94022)

Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

100 First St Unit 317

Sold
$4,600,000
Sold: 2026-06-26
Lot: -
Sqft: 2281
$/Sqft: $2,017

23 Bay Tree Ln

Sold
$2,800,711
Sold: 2026-04-24
Lot: 2,703
Sqft: 1840
$/Sqft: $1,522

4 Bay Tree Ln

Sold
$2,950,000
Sold: 2025-11-17
Lot: 2,704
Sqft: 1840
$/Sqft: $1,603

72 Bay Tree Ln

Sold
$2,804,500
Sold: 2025-11-04
Lot: 2,703
Sqft: 1840
$/Sqft: $1,524

20 Bay Tree Ln

Sold
$3,250,000
Sold: 2025-09-16
Lot: 2,704
Sqft: 1840
$/Sqft: $1,766

31 Deep Well Ln

Sold
$3,725,000
Sold: 2025-09-10
Lot: -
Sqft: 2235
$/Sqft: $1,667

1 W Edith Ave Apt B208

Sold
$2,988,000
Sold: 2025-09-03
Lot: -
Sqft: 1950
$/Sqft: $1,532

75 Deep Well Ln

Sold
$2,550,000
Sold: 2025-08-19
Lot: -
Sqft: 1840
$/Sqft: $1,386

70 Bay Tree Ln

Sold
$2,925,000
Sold: 2025-05-21
Lot: -
Sqft: 1840
$/Sqft: $1,590