237 San Mateo Avenue
Los Gatos, California 95030
HDI acquired this 1950 single-story bungalow near downtown Los Gatos as an opportunistic, short-duration investment. The two-bedroom, one-bathroom residence offered approximately 928 square feet of living space on a 6,000-square-foot lot. Its location and flexible improvement potential presented several viable strategies, including resale, retention as a rental property, expansion of the existing residence, or future redevelopment subject to Town approval. Following light interior and exterior improvements, landscaping, and general property preparation, HDI resold the home less than one month after acquisition. The limited scope of work, favorable acquisition basis, and multiple potential exit strategies made the property a compelling opportunity despite its smaller scale.