Los Altos, CA
Commercial Real Estate Market Trends & Data

$1,115 Avg asking sale price
$74 Avg asking lease rate
17,704 SF Avg unit lease size
4,459 SF Avg building size for sale
4.86% 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
Palo Alto $1,053 9,357 SF 6.00%
Mountain View $1,057 8,384 SF 6.50%
Stanford $954 9,007 SF 6.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Palo Alto $492 14,520 SF 5.58%
Mountain View $842 11,026 SF 6.50%
Sunnyvale $677 13,029 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Los Altos $1,798 3,000 SF
Los Altos Hills $1,798 2,500 SF
Palo Alto $1,062 12,533 SF
Mountain View $851 16,062 SF
Stanford $1,163 7,676 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Los Altos $837 3,208 SF 5.80%
Palo Alto $867 10,718 SF 5.80%
Mountain View $671 7,643 SF 5.80%
Stanford $1,202 4,981 SF 3.51%
Cupertino $713 6,720 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

10178 Alpine Dr

Cupertino, CA 95014

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

220 State St

Los Altos, CA 94022

  • 10,080 SF Office Building
  • $604,000
For Sale

57 W El Camino Real

Mountain View, CA 94040

  • 2,050 SF Office Building
  • $2,095,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Multifamily vs. Single-Family Investing ROI
Multifamily vs. Single-Family Investing ROI
Multifamily vs single-family investing compared across cash flow, vacancy risk, financing, management complexity, and ROI to help investors evaluate returns and downside risk by property type.
CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
How to plan capital expenditures, prioritize projects, and manage risk without sacrificing returns on your commercial property investment.
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

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 $1,115 4,459 SF
Los Altos Hills $1,648 9,768 SF
Palo Alto $948 12,625 SF
Mountain View $862 32,486 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.

Nearby Market Trends