If you are looking to buy a home in or near downtown Los Gatos, but your budget is less than $1 million, you might consider something in the Pueblo de Los Gatos condos community. It is one of the more affordable housing options anywhere in town, yet enjoys the highly prized Los Gatos Union School District and a very convenient location.
What are homes in Pueblo de Los Gatos like?
Front doors face outside, rather than an interior corridor, so this is not a complex that feels like a hotel. The development was built in 1970, and you may detect its age here and there, but overall, it seems to be a well kept up complex. Residents enjoy a community pool and lots of green, open space between the buildings. Several residents appear to have dogs, but on the many visits I’ve made there, I did not hear any barking.
The individual units vary in the amount of remodeling which has been done inside. Some still have heat pumps for heating and cooling (rather than a forced air furnace), popcorn or acoustic ceilings, original bathrooms, etc. Many have been beautifully updated, though, so you really need to see each one and take it on its own merits. Gas fireplaces are common – they may be in every unit, but I’m not sure of that.
It appears that the units were all built with Zinsco electric panels and subpanels, and they seem to be widely in use (though individual owners may have replaced them). Some home inspectors will raise a red flag about Zinsco or Federal Pacific panels, and others do not say a word about them. Please do your own research on this.
Except for one of the homes, which has a garage, all have use of at least one carport space.
How big are the condo units at Pueblo de Los Gatos?
Pueblo de Los Gatos includes 53 condominium units. I have been in a number of them, and most of the units I’ve seen have good floor plans with very decent space. They have laundry in the unit rather than in an HOA run laundry building.
The bed, bath, and size breakdown is as follows:
- 8 units have 1 bed, 1 bath, and either 764 SF or 789 SF
- 44 have 2 bedrooms and 2 or 2.5 baths, with one of 3 layouts – 1032 SF, 1097 SF, or 1120 SF
- 1 unit features 3 bedrooms, 2.5 baths, 1390 SF and a 2 car garage, while the rest use carports. (I do wonder if originally this wasn’t supposed to be the property manager’s residence? It was last sold in 1980, so if that was the case, it was a very long time ago!)
One 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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(all data current as of 8/22/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.