Rezoning
966, 988, and 994 Sherwood Avenue; 987, 994, and 1005 Acacia Avenue, Los Altos, CA
4/ 5
High impact
Bedrock impact score
Action type
Rezoning
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-06
Jurisdiction
Los Altos, CA
Days on record
Not dated
01Investment highlights
Why this deal matters
- Rezoning in Los Altos, CA · Multifamily / Residential
- Bedrock impact score 4 of 5 — High impact
- A State Density Bonus play with concession and waivers on a 1.4-acre infill assemblage signals an entitled path to 33 for-sale condo/townhome lots in a high-value Silicon Valley submarket
- Watch this as a comp for similar density-bonus land plays in Los Altos.
02Deal summary
The rationale
A State Density Bonus play with concession and waivers on a 1.4-acre infill assemblage signals an entitled path to 33 for-sale condo/townhome lots in a high-value Silicon Valley submarket — watch this as a comp for similar density-bonus land plays in Los Altos.
Urbanscape Development seeks Design Review approval for a three-story, 33-unit townhome development using State Density Bonus (with one concession and waivers), plus a Vesting Tentative Map to create 33 condominium lots and 2 common lots across an approximately 1.4-acre multi-parcel site in Los Altos, CA.
03Deal facts
The filing record
- Jurisdiction
- Los Altos, CA
- Action type
- Rezoning
- Asset class
- Multifamily / Residential
- Applicant
- Jia Li on behalf of Urbanscape Development
- Status
- On municipal record
- Filed
- 2026-08-06
- Days on record
- Not dated
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-06On the municipal record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
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