This industrial complex was initially constructed in 1951 and has been developed to include 3 separate freestanding buildings. The property is currently 100% leased and includes 5 tenants with term and month-to-month rental agreements. Over the past several decades, the base of industrial buildings of this nature has been significantly reduced as these properties have been redeveloped to Residential, Retail, and Office/R&D. Today, we generally find that the demand for buildings within this category exceeds the local supply.
We were pleased to represent the sellers in the sale of this beautiful estate, which is located in close proximity to downtown Los Altos on a flat +/-1.15 acre parcel. The property includes a total of 5 bedrooms, plus an additional library and study. The detached guest house includes 2 of the bedrooms, a full kitchen, a large living room and an oversized 2 car garage. The home, grounds and setting around the tennis court feel as though this property has been transported from the East Coast.