Investing in Los Altos Hills real estate can be a great long-term investment, particularly when buying in a high demand neighborhood like the Redwoods. With Palo Alto along the northern edge of the neighborhood and Los Altos to the east, the Redwoods is within close proximity of a number of favorite local attractions, including downtown shopping areas, Shoup Park and the six-acre Redwood Grove Nature Preserve. With acres of open space surrounding the perimeter, Silicon Valley minutes away via Highway 280, and Stanford University as your next door neighbor this wonderful Los Altos neighborhood is a sound investment now and into the future.
Its proximity to Silicon Valley is often cited among the top reasons to live in the Redwoods in Los Altos Hills. For those working in the Silicon Valley region, the Redwoods is just a short commute away. That is a major plus with traffic the way it is in this part of the state. Being able to work in a higher paying urban environment while still enjoying the pleasures of living in a more natural setting and without having to spend hours on the highway commuting back and forth to work is a real selling point for this area.
The Redwoods is also a family-friendly community. Shoup Park has nice playgrounds, with equipment for varying age groups. There’s also Little League baseball at Purissima Park. The public schools score high on California’s Academic Performance Index. Summer day camp programs are available at the Redwood Nature Preserve and Westwind Community Barn, which also offers English and Western riding lessons throughout the year. Due to these attractive characteristics of the area, family homes for sale or lease in the Redwoods don’t usually stay on the market very long.
There are a variety of ways to go about investing in Los Altos Hills real estate. Many people feel confident enough in property holding its value that they purchase one of the homes for sale in the Redwoods to live in with the intent to sell it just before retirement. Zoning law prohibits home lots of less than an acre, so the character and quality of the neighborhood is likely to keep home prices up over the long-term. Selling the home as retirement draws near can fund a smaller home.
Another means of investing in homes for sale in the Redwoods is to buy rental properties, on your own or with a group of investors. Because of the many reasons to live in the Redwoods in Los Altos Hills, well managed, nicely maintained rentals are unlikely to suffer from a want of tenants.
Using professional Silicon Valley Property Management Group for your Los Altos investment property is a practical, affordable option for finding the most suitable renters and for keeping your rentals in good repair, especially if you’re just learning the ropes. Contact us to learn more about our Los Altos property management options and service packages. We will be a great team player in your pursuit of investment property in the Los Altos Redwoods neighborhood.
David currently is the broker/owner of Silicon Valley Property Management Group (SVPMG) which manages 150+ client properties on the San Francisco Peninsula.Trust, transparency, and performance guarantees are the foundation of SVPMG. David challenges anyone to find a PM company that offers services similar to the extensive education, customer service, and performance guarantees provided by SVPMG.
David also provides consulting for his clients on property development feasibility, construction, and complex real estate transactions.
David has authored a published law review article, two real estate books, and over 120 real estate blog articles.