A resource for folks living in or moving to Los Gatos, by Mary Pope-Handy

Los Gatos Commons

Ending the Alberto Way Condo Confusion

Alberto Way MapOne of the more confusing areas in Los Gatos may the Alberto Way. Most of the condominiums along that street in Los Gatos are part of The Los Gatos Commons, a senior complex that’s fairly large. (To read more about senior housing in the area, please see my post on it here.)

As with most senior housing, the units at The Commons are more affordable than the majority of  Los Gatos condos. The Commons was built in 1978 and requires that at least one resident be 55 years of age or more. As of 2018, you may be able to purchase a tiny 1 bedroom in the Commons for under $700,000.

A smaller condo community just a little closer to Los Gatos-Saratoga Road, and on the opposite side of Alberto Way, is Pueblo de Los Gatos.  These homes are a little further away from Highway 17, are a little quieter, and are not senior housing.  They tend to sell for a little more than the homes across the way. There seems to be about a 5% to 10%  difference in price, most of which may be attributable to freeway noise, but part of it to the “senior community” status. This property was developed in 1970, so is actually a little older than the Commons.

Pueblo de Los Gatos consists of 53 units. Of these 53 condo units, 1 of them is a 3 bedroom (unit # 1, which also has a large 2 car garage), 44 are 2 bedroom units, and 8 are 1 bedroom units.  Except for unit # 1, the rest of the homes in this community have carports.  For many home buyers, these properties offer a more affordable way to get into the Los Gatos Union School District than might otherwise be possible.

Additionally, there is a small townhouse complex on the same side of the street as the Los Gatos Commons. These are also not senior communities.

What is the fastest way to tell them apart? The easiest way, without even clicking on a link, is to spot the address.  If there’s a letter as part of the unit number (as in A100 or B202), it’s part of The Commons. If there’s no letter, as in #7, it’s part of the Pueblo de Los Gatos. Of course, there are other townhomes in the immediate area, too – but these are the largest communities.

Both of these are in close-to-downtown Los Gatos locations. If you’re in the market for Los Gatos real estate and would like to live close in, this is a great street to check out.

Los Gatos Commons homes for sale (55+)

Condos in the Los Gatos Commons (a senior community) which are for sale or pending sale right now. (If nothing shows, then nothing is on the market there at the moment.)

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All Alberto Way area homes for sale

This includes properties on Alberto Way as well as Maggi Court

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Los Gatos Commons

The Los Gatos Commons is a popular senior condominium community off of Alberto Way in Los Gatos, very close to the downtown shopping and dining district (see map, below). This complex was developed in 1978, so is 40 years old as of this writing in 2018. There are 110 condo units, ranging from 1 to 3 bedrooms. Most units have carports, but there are a few with 1 car garages available. A plus for many residents is that it is gated – a rarely found amenity in Silicon Valley.

Like other senior communities, of which there are very few in Santa Clara County, properties are more affordable here than what you might find in non age-restricted condominiums nearby.

Homes share a clubhouse, pool, spa, and fitness room, as well as beautifully maintained landscaping. Units have covered parking.

Nearby amenities include easy access to highways 9 and 17, a close proximity to downtown shopping, dining, and entertainment, such as the public library and parks. The location is hard to beat!

Los Gatos Commons Map

What do HOA Dues cost at The Commons?

The Los Gatos Commons home owner association dues start at about $450 and are more for larger units. Two bedroom homes have HOA dues of $532 at the moment.

What senior services are included?

This is an independent living community, not assisted living, which means that there are no additional senior services, such as shuttle, cleaning, or meal plans, available to residents outside of the normal HOA features such as landscaping and exterior maintenance.

Positives and Negatives

Well known positives for The Los Gatos Commons are the wonderful location, beautifully kept grounds, security features, easy lifestyle and low maintenance, the use of the pool and spa, and being among other seniors.  While not inexpensive, the cost of buying a condo at the Commons is less than it might be for a comparable condominium that would not be in a seniors community – and that is a significant plus, too.

Potential negatives may be the relatively expensive HOA cost, road noise from Highway 17, not having an attached garage (for the majority of units), having 40 + year old construction, and and upcoming construction at Alberto Way and Los Gatos-Saratoga Road.

 

More information on the Los Gatos Commons:

Ending the Alberto Way Confusion (article on this site)

Los Gatos Commons, Association
445 Alberto Way
Los Gatos, CA 95032
(408) 378-1730

http://www.losgatosca.gov/1105/Senior-Housing

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Mary Pope-Handy

Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805

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