Perfect opportunity to live or invest on one of the most prestigious streets in Downtown Los Gatos. Existing house can be easily expanded to make a larger home. This house has now been removed from Los Gatos Historic Resources Inventory and the possibilities are endless for a dream custom home with this large and flat clean slate. Total floor area ratio for this lot calls for 3,954 sq ft space above ground (including garage and ADU contained within main house or separate) + Basement of about 1,500 sq ft. Ask Listing Agent for some design inspiration and comps for new custom built homes in the area. Excellent Downtown Los Gatos location within walking distance to restaurants, shops and parks. Award winning schools: Los Gatos Saratoga Joint High, Fisher Middle and Daves Avenue Elementary.