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Property profile & analytics
OFF-MARKET Estimated value $1,890,000
Retail space

982 Dolores Ave Los Altos, CA 94024-6010

825 SF 0.12 ac lot Built 1942
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3305132
Property summary
AI-generated overview

This exceptional 825-square-foot retail property, situated on a 0.12-acre lot in Los Altos, California (APN 189-15-041), presents a compelling investment opportunity. Currently zoned CN-Commercial Neighborhood Loyola Corners Specific Plan (LCSP), the property is ideally suited for owner-occupancy or redevelopment. The single-story building previously housed a catering kitchen. Its prime location offers unparalleled access to a thriving commercial district, boasting proximity to major employers such as Google, Intuit, and Stanford University, as well as popular retail destinations including Whole Foods, Safeway, and Target. The property's adjacency to Foothill Expressway ensures convenient access for commuters and residents. The asking price is $2,000,000. This high-traffic area, with its established businesses and strong consumer base, makes this property an attractive prospect for a variety of retail ventures. The property's location near the Loyola Corners Postal Office further enhances its visibility and accessibility. The surrounding area also features numerous casual dining and fast-food restaurants, creating a vibrant and bustling commercial environment. This presents a unique opportunity to capitalize on the high demand for retail space in this desirable Los Altos location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1942
Construction WOOD
Total area 825 SF
Lot 0.12 ac (5,400 SF)
Zoning code CN
APN 189-15-041
UPID US09-3305132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.89M
Owner & transaction history
Maven Homes LLC · 1 yrs held
Maven Homes LLC
since 2025
Last sale
$1.9M
6 recorded transactions
2025
$1.9M
2003
Price N/A
2003
Price N/A
2002
Price N/A
1991
$265,000
1969
Price N/A
Zoning & alternative use
CN · Los Altos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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