$4,600,000
1021 Alegre Ave, Los Altos 94024
Size check
The listing's square footage against the county assessor's record and the permits on file.
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.
AddressIntel AI Briefing
Negative ground-up development ROI suggests that stealth density: primary + ADU + JADU is the optimal play to add rental income without incurring the capital losses of a total demolition. This maintains the current 3,360 sqft footprint in a prestigious, high-income Los Altos neighborhood.
Property Permit History
Recent Neighborhood Remodeling (Los Altos)
Parcel & Zoning Info
ADU Potential
Standard lot · Corner lot · ~91 ft frontage × 127 ft deep, typical proportions for a detached ADU behind or beside the home. A second street frontage lets an ADU take its own entrance and address.
Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.
Seller Motivation
Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.
Redevelopment Potential
Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 3,811 sqft of gross floor area on this lot.
Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR rule curated from current municipal code. Source: Los Altos Muni Code 14.06.070/14.08.070/14.10.070/14.12.070 (R1-10/H/20/40, one shared formula) (as of 2026-08-24). Verify FAR, coverage, setbacks, and height with the local planning dept.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
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
Loyola Elementary
Los Altos Elementary
Georgina P. Blach Junior High
Los Altos Elementary
Mountain View High
Mountain View-Los Altos Union High
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
74/100
Based on recent sales velocity and local demand in 94024.
Flippability Score
40/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
50%
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.
Zoning allows roughly 3,811 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.
Median of 12 recent single-family sales in Los Altos (94024): $1,841/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,800 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Los Altos 94024)
Sized to the modelled 3,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.