Technical
Financial
Distress signals
Property profile

982 Dolores Ave Los Altos, CA 94024

OFF-MARKET
Retail space
Property ID
US09-3305132
825 SF 0.12 ac lot Built 1942
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

982 Dolores Ave Los Altos, CA 94024-6010
Los Altos metro Census 510001 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.83M

Owner & transaction history

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
Zoning description

MINISTRATIVE DISTRICT Chapter 14.34 - OA OFFICE-ADMINISTRATIVE DISTRICT Expand Chapter 14.36 - OA-1/OA-4.5 OFFICE-ADMINISTRATIVE DISTRICT Chapter 14.36 - OA-1/OA-4.5 OFFICE-ADMINISTRATIVE DISTRICT Expand Chapter 14.40 -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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