895 Sherwood Ave - Office FOR SALE


Los Altos, CA 94022- North Los Altos
$2,990,000 USD
650-823-3473
895 Sherwood Ave, Los Altos, CA for Sale
$2,990,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

895 Sherwood Ave
Los Altos, CA 94022
North Los Altos


HIGHLIGHTS

  • Located in North Los Altos near El Camino Real and San Antonio Road, surrounded by retail, residential, and office developments.
  • Zoned CN with recent entitlements allowing multifamily development on a prime infill parcel.

OVERVIEW

Currently configured with two ground-floor suites and one upper-level suite, the property generates over $174K in annual gross income. Short-term leases provide flexibility for owner-users or investors to reposition the asset for higher market rents or redevelopment. Recent zoning changes now permit multifamily development, making this a compelling infill site for future residential use.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,852 SF

ZONING

CN, Los Altos

APN/PARCEL ID

170-01-055

ASK ABOUT THIS PROPERTY

Scott O'BrienCushman & WakefieldMore Info
650-823-3473

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Scott O'BrienCushman & WakefieldMore Info
650-823-3473

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.