Los Altos, CA
Commercial Real Estate Market Trends & Data

$1,046 Avg asking sale price
$56 Avg asking lease rate
25,792 SF Avg unit lease size
4,574 SF Avg building size for sale
4.80% Average cap rate

Los Altos's Demographic Profile

Los Altos has 10,403 households and a median income of $245,147, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 29,896
# Households 10,403
Median age 48
Median household income $245,147
Avg household size 3.0
Renter-occupied housing units 2,067
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Los Altos, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Los Altos $938 8,464 SF 4.56%
Palo Alto $921 10,941 SF 6.00%
Mountain View $880 8,170 SF 6.50%
Portola Valley $1,039 6,000 SF 5.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Mountain View $834 11,389 SF 6.50%
Sunnyvale $665 12,352 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Los Altos $1,195 3,572 SF
Los Altos Hills $1,798 2,500 SF
Palo Alto $937 12,524 SF
Mountain View $741 16,986 SF
Stanford $1,146 5,940 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Los Altos $788 3,495 SF 5.80%
Palo Alto $866 16,821 SF 5.80%
Mountain View $651 7,908 SF 5.80%
Stanford $1,376 4,571 SF 3.51%
Cupertino $675 11,040 SF 3.60%

Commercial Properties For Sale in Los Altos

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

DOWNTOWN MOUNTAIN VIEW! NEW ASKING PRICE!

Mountain View, CA 94041

  • 4,643 SF Multifamily
  • 4.56% Cap Rate
  • $2,750,000
For Sale

10178 Alpine Dr

Cupertino, CA 95014

  • 3,136 SF Multifamily
  • $3,300,000
For Sale

Buildings 4 & 5

Mountain View, CA 94040

  • 25,000 SF Office Building
  • $913,200
For Sale

236 Higdon Ave

Mountain View, CA 94041

  • 2,778 SF Multifamily
  • 5.80% Cap Rate
  • $2,260,000
For Sale

256 Pettis Ave

Mountain View, CA 94041

  • 2,801 SF Multifamily
  • 3.95% Cap Rate
  • $2,695,000
For Sale

328 Higdon Ave

Mountain View, CA 94041

  • 4,116 SF Multifamily
  • 4.70% Cap Rate
  • $2,145,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Los Altos pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Los Altos $1,046 4,574 SF
Los Altos Hills $2,537 14,450 SF
Palo Alto $936 15,352 SF
Mountain View $820 34,566 SF
Portola Valley $1,039 6,000 SF

Regional Demographic Comparison

This comparison places Los Altos alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Los Altos or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Los Altos 29,896 10,403 48 $245,147 3 2,067 -4%
Los Altos Hills 7,750 2,598 53 $249,855 3 275 -4%
Palo Alto 66,706 25,838 43 $209,152 3 12,369 -3%
Mountain View 87,536 36,392 38 $172,116 2 22,797 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Los Altos, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Los Altos

View All Commercial Real Estate For Sale in Los Altos
Is Los Altos a good market for a first-time commercial real estate investor?

Los Altos offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Los Altos?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Los Altos. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Los Altos?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Los Altos. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Los Altos compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Los Altos. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Los Altos acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Los Altos, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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