$3,865,000
SOLD JUN 29, 2023

569 Lassen St Los Altos, CA 94022

7 Beds
7 Baths
3,864 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$1,000 Per Sq Ft

2% Above List Price

8 Days on Market

About This Home

As of June 2023

Mutli-Generational Living Opportunity or Tri-Plex Investment. This 12-year-old Los Altos beauty is designed by world famous architect Ray Kappe and is his first multi-family residence with obtaining a LEED Gold award for its green living design. Included is a 1,692 sq ft with 3 bedrooms and 2.5 baths and a 380 sq ft private deck, a 528 sq ft studio that includes 1 bedroom and 1 bath, and a 1,252 sq ft home with 3 bedrooms and 2.5 baths with a 186 sq ft private deck. The 1 bed, 1 bath unit is ADA-adaptable and designed as an affordable housing unit. Each residence has a private garden and patio, and an extremely comprehensive environmental award-winning design. Solid hardwood doors, gorgeous bamboo hardwood floors, rear alley access for off street parking for six cars, personal storage closets, separate laundry room, high ceilings and incredible open floorplans. This property is perfect for multi-generational living or as a triplex in a fantastic location. See V-Tour for drone tour

Last Agent to Sell the Property

Alex 'Sandy' Wihtol

Intero Real Estate Services License #00886625 Listed on: 05/25/2023

Intero Real Estate Services

Last Buyer's Agent

Suzanne Myers

Intero Real Estate Services License #02113696

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 2011

Home Design

  • Triplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,864 Sq Ft Home
  • 2-Story Property
  • Alarm System

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces
  • Off-Street Parking

Additional Features

  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $150,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $10,000
  • Maintenance Expense $1,000
  • Manager Expense $1,000
  • Utility Expense $3,600
  • Operating Expense $56,600
  • Gross Income $150,000

Property Details

Home Type

Multi-Family

Year Built

2011

Lot Details

0

Listing Details

  • Zoning: R318
  • Subclass: Triplex
  • Age: 12
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3864
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2011

Interior Features

  • Living Sq Ft: 3864
  • Stories: 2
  • Security: Security Alarm

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Polyurethane

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area, Off-Street Parking
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5662.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5662.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 25.25
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 10000
  • Expense Landscape: 1000
  • Expense Maintenance: 1000
  • Expense Management: 1000
  • Expenses Total: 56600
  • Expenses Utility: 3600
  • Income Annual Gross: 150000.00
  • Income Annual Rental: 150000
  • Income Gross Scheduled: 150000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $4,998,000 +29.3% $1,293 / Sq Ft
06/29/2023 06/29/23 Sold $3,865,000 +2.0% $1,000 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $3,788,000 -- $980 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81929502

MLSListings

APN: 170-38-024