550 University Ave, Los Gatos, CA 95032, USA

Property CA
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1

Property Overview:

550 University Ave is a single-family home in Los Gatos, CA 95032, built in 1947. The main house offers 2 bedrooms, 1 bathroom, and 1,104 sq. ft. of living space, situated on a large 8,808 sq. ft. corner lot. The property is zoned for 2 units and includes a detached, fully refurbished studio ADU (Accessory Dwelling Unit). The estimated home value ranges from $1,380,024 to $1,889,000.

Neighborhood Highlights:

  • Crime Rate:

    • Personal crime risk: 4.5% (lower than state average of 11.8%)
    • Property crime risk: 6.9% (lower than state average of 10.8%)

  • Schools:
    Nearby schools include Raymond J. Fisher Middle School, Los Gatos High, Daves Avenue Elementary, Louise Van Meter Elementary, and Fusion Academy Los Gatos.

    • State average SAT score: 975

  • Job Market:

    • 74.2% white-collar jobs, 25.9% blue-collar jobs
    • Unemployment rate: 2.1% (lower than state average of 4.7%)

  • Demographics:

    • Community population: 22,996 (22% growth since 2000)
    • 67% families with children
    • Largest age group: 45-54 years (18.18%)
    • Second-largest: 35-44 years (14.92%)

  • Natural Disaster Risk:

    • Moderate flood risk, low tornado risk, high earthquake risk

  • Weather:

    • Average temperature: 41.3°F (January), 77.4°F (July)
    • Average rainfall: 26.1 inches/year
    • Average snowfall: 0.1 inches/year

  • Cost of Living:

    • Median household income: $115,651
    • Average annual spending: $76,252

Property Features:

  • Zoned for 2 units: Main home plus detached studio ADU
  • Hardwood floors, dual pane windows, freshly painted interior/exterior
  • New, fully equipped kitchens (main house & ADU) with stainless steel appliances
  • Fireplace, cooling system, and parking garage
  • Low-maintenance backyard with new fences and gates
  • ADU: Refurbished with new kitchen, appliances, and refreshed bath
  • Corner lot with easy access to backyard and ADU
  • Open house: April 22-23, 11am-4pm (call owner to tour)

Location Benefits:

  • Prime downtown Los Gatos location: Walk to Town Plaza, LG Farmer’s Market, fine dining, shops, trails, and parks (Oak Meadow, Bachman, Town Plaza)
  • Nearby grocery stores: Safeway, Lunardi’s Markets, Whole Foods
  • Nearby coffee shops: Starbucks, Sweet Pea’s Cafe & Catering
  • Nearby restaurants: Campo Di Bocce, Los Gatos Meats & Smoke House
  • Ideal for investors or homeowners seeking additional income from ADU
  • Commuter-friendly with easy access to local amenities and outdoor activities
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Price and Status History

date type price
1979-12-01 Rental 50000
2000-07-25 Sold 625000
2000-08-31 Sold 625000
2016-02-28 Rental 3300
2024-03-29 For Sale 2099000
2024-04-18 For Sale 1950000
2024-05-04 For Sale 637500
2024-05-09 For Sale 1749950
2024-05-14 Pending NaN
2024-05-23 Sold 1750000
2024-05-24 Sold 1750000
2024-12-10 Sold 1750000
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Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
BECTON DICKINSON & CO 14300 Winchester Boulevard, Los Gatos, CA 95030, USA N N NF 0 CAD039133277 0.38
TONY FORTUNA INC 805 University Avenue, Los Gatos, CA 95032-7614, USA N N NF 0 CAD981676497 0.59
PACIFIC RAILWAY SIGNALS COLUMBIA POWDER Daves Avenue, Los Gatos, CA 95030, USA N N NF 0 CAD980736128 0.81
PG&E GAS PLANT LOS GATOS N COR ELM &, South Santa Cruz Avenue, Los Gatos, CA 95030, USA N N NF 0 CAD981415847 0.84

Toxic Release Inventory

No data found within 1.0 miles for this property.

Integrated Compliance Information System - Air

No data found within 1.0 miles for this property.

4

Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 1 0
AE 0 0 6 0
AH 0 0 0 0
AO 0 0 0 0

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
San Andreas - Peninsula Castle Rock Ridge 0 0 1
San Andreas - Peninsula Cupertino 0 0 1
San Andreas - Peninsula Laurel 0 0 0
San Andreas - Peninsula Los Gatos 0 0 0
San Andreas - Santa Cruz Castle Rock Ridge 0 0 0
San Andreas - Santa Cruz Cupertino 0 0 0
San Andreas - Santa Cruz Laurel 0 0 1
San Andreas - Santa Cruz Los Gatos 0 0 1

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 3 0
Very high 0 0 3 0

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 3 0
Very High 0 1 4 6
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Traffic Noise by Hour x Weekday

Not enough data points

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Airplane Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
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3 0 1 1 1 1 0 0
4 0 0 0 1 0 0 1
5 1 0 1 1 1 1 1
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8 2 1 1 1 1 1 1
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10 1 3 1 1 1 2 1
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12 1 1 1 2 2 2 2
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14 2 2 2 2 2 2 2
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19 2 2 2 2 1 1 2
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23 1 1 2 1 1 1 2