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1070 Mercedes Avenue 24, Los Altos, California 94022, Los Altos, 94022 - 2 bed, 2 bath

1070 Mercedes Avenue 24, Los Altos, California 94022 home-pic-0
ACTIVE$968,000$1,055/sqft
1070 Mercedes Avenue 24, Los Altos, California 94022
2Beds
2Baths
1,055Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Los Altos Location: Situated in a highly desirable area, the property offers excellent proximity to vibrant Downtown Los Altos shops, cafes, acclaimed restaurants, top-rated schools, and convenient access to San Antonio Center and Highway 82 for easy Peninsula commuting.
Top Cons:
High Association Fee: The monthly association fee of $765.0 is substantial and could be a significant ongoing cost for potential buyers, impacting overall affordability.

Compared to the nearby listings

Price:$968.0K vs avg $2.79M ($-1,827,000)18%
Size:1,055 sqft vs avg 1,840 sqft18%
Price/sqft:$918 vs avg $1.6K9%

More Insights

Built in 1972 (54 years old).
Condition: The property, built in 1972, has undergone significant recent updates, making it move-in ready. The description highlights 'fresh paint, a newly updated primary bath, & updated hall bath,' which is clearly visible in the images. The primary bathroom features a modern vanity, backlit LED mirror, and a contemporary glass-enclosed shower. The hall bath is also updated and clean. While the kitchen retains white appliances, it is well-maintained, clean, and fully functional with white cabinets and dark countertops, requiring no immediate renovation. New-looking light-colored laminate flooring and recessed lighting throughout contribute to a fresh, modern aesthetic. Although the building itself is older, the unit's interior renovations align with the 'Good' criteria of being extensively renovated within the last 5 to 15 years in key areas, with systems appearing well-maintained and minimal wear and tear.
Year Built
1972
Close
-
List price
$968K
Original List price
$968K
Price/Sqft
$918
HOA
$765
Days on market
-
Sold On
-
MLS number
ML82031492
Home ConditionGood
Features
Good View:
Deck
Pool
View-

About this home

Tucked within the beautifully maintained Mercedes Court complex, this bright 2BD/2BA condo (Unit 24) features fresh paint, a newly updated primary bath, & inviting indoor-outdoor flow to decked living. The open living area centers around a cozy fireplace & extends to a private balcony, perfect for relaxing or entertaining. A well-equipped kitchen connects seamlessly to a sunlit dining area. The spacious primary suite includes a private balcony, walk-in closet, & updated ensuite bath, while a generous guest room & updated hall bath complete the layout. Additional highlights include in-unit laundry closet, ample storage, & access to the sparkling community pool. Enjoy a prime location close to Downtown Los Altos, where boutique shops, cafés, & acclaimed restaurants like ASA, The Post, & Red Berry Coffee Bar create a vibrant dining scene. Nearby parks including Shoup Park, Lincoln Park, & Redwood Grove Nature Preserve offer peaceful outdoor escapes just minutes away. Convenient to San Antonio Center, top-rated Los Altos schools, & HWY 82 for easy Peninsula access. Right next to the complex on Mercedes, a convenient trailhead offers easy access to walking & biking paths, providing a quick escape into nature for morning exercise, evening strolls, or weekend adventures

Y
Yelena Lepina
Listing Agent

Price History

Date
Event
Price
06/22/12
Sold
$525,000
04/15/10
Sold
$505,000
Condition Rating
Good
The property, built in 1972, has undergone significant recent updates, making it move-in ready. The description highlights 'fresh paint, a newly updated primary bath, & updated hall bath,' which is clearly visible in the images. The primary bathroom features a modern vanity, backlit LED mirror, and a contemporary glass-enclosed shower. The hall bath is also updated and clean. While the kitchen retains white appliances, it is well-maintained, clean, and fully functional with white cabinets and dark countertops, requiring no immediate renovation. New-looking light-colored laminate flooring and recessed lighting throughout contribute to a fresh, modern aesthetic. Although the building itself is older, the unit's interior renovations align with the 'Good' criteria of being extensively renovated within the last 5 to 15 years in key areas, with systems appearing well-maintained and minimal wear and tear.
Pros & Cons

Pros

Prime Los Altos Location: Situated in a highly desirable area, the property offers excellent proximity to vibrant Downtown Los Altos shops, cafes, acclaimed restaurants, top-rated schools, and convenient access to San Antonio Center and Highway 82 for easy Peninsula commuting.
Updated Interior & Features: The unit boasts recent updates including fresh paint, a newly updated primary bath, an updated hall bath, and practical amenities like an in-unit laundry closet and a cozy fireplace, enhancing its move-in readiness and appeal.
Indoor-Outdoor Living: The condo provides an inviting indoor-outdoor flow with a private balcony extending from the open living area and another private balcony off the spacious primary suite, offering multiple spaces for relaxation and entertaining.
Exceptional Access to Nature: Residents benefit from immediate access to a convenient trailhead for walking and biking paths, along with close proximity to several parks including Shoup Park, Lincoln Park, and Redwood Grove Nature Preserve, ideal for outdoor enthusiasts.
Well-Maintained Complex & Amenities: Located within the beautifully maintained Mercedes Court complex, the property includes access to a sparkling community pool, adding significant lifestyle value and convenience for residents.

Cons

High Association Fee: The monthly association fee of $765.0 is substantial and could be a significant ongoing cost for potential buyers, impacting overall affordability.
Building Age: Built in 1972, the building is over 50 years old. While the unit has updates, the age of the overall structure may lead to concerns about common area infrastructure, potential for future special assessments, or less modern building efficiencies.
Limited Square Footage: With 1055 square feet, the unit offers a comfortable layout for a 2-bedroom, 2-bathroom condo, but some buyers in the Los Altos market may seek larger living spaces, especially those accustomed to single-family homes.
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