274 Pamela Drive Unit 16, California, Mountain View, 94040 - 2 bed, 2 bath

274 Pamela Drive Unit 16
California
Property Price
SUMMARY
Analysis of 274 Pamela Drive Unit 16, California is currently available with a list price of $980,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1959, the property has undergone an extensive and recent renovation, as indicated by the description. It features modern updates such as engineered wood flooring, recessed lighting, and double-paned windows. The kitchen boasts quartz countertops, designer tile backsplash, stainless steel appliances, and a brand new Samsung refrigerator, along with in-unit LG laundry. These updates, likely completed within the last 2-3 years (given the August 2022 listing date), align with the 'extensively renovated within 5 years' criteria for an excellent condition score. The exterior image shows a well-maintained building, consistent with a recently updated property.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Top-Rated Schools
Located in the highly desirable Cuesta Park neighborhood of Mountain View, offering proximity to downtown, high-tech companies, and access to excellent top-rated schools (Bubb, Graham, Mountain View High), which are significant value drivers.
- Extensive Modern Remodel
The top-floor unit has been extensively remodeled with a modern aesthetic, featuring an open floor plan, recessed lighting, engineered wood flooring, double-paned windows, and a fully updated kitchen with quartz countertops, new Samsung refrigerator, and stainless steel appliances.
- Functional Layout & Bonus Space
A well-designed 2-bed, 2-bath corner unit with a spacious master bedroom and ensuite bath. A dedicated bonus room with a door provides versatile space, ideal for a quiet home office, which is highly sought after.
CONSRISKS & DEFICIENCIES
- Extended Time on Market
The property has been on the market since August 2022, indicating a significant challenge in attracting a buyer at its current price point or other underlying factors that have prolonged its sale.
- High Association Fee
A monthly association fee of $472 adds a substantial recurring cost to ownership, which can impact affordability and deter some potential buyers.
- Age of Building
Built in 1959, the building is over 60 years old. While the unit is remodeled, the age of the overall building's infrastructure could lead to potential future maintenance issues or special assessments for common area repairs.
About 274 Pamela Drive Unit 16
Bright and airy remodeled top floor unit in the highly desirable Cuesta Park neighborhood and proximity to downtown. Beautiful neutral palette with modern features. This meticulously maintained 2 beds and 2 baths corner unit has an open floor plan, recessed lighting, engineered wood flooring, double-paned windows, living and dining area. The kitchen features ample cabinets for storage, a brand new Samsung refrigerator, quartz countertops, designer tile backsplash, and stainless steel appliances. A bonus room with a door, perfect as a quiet office space. Spacious master bedroom w/ ensuite bath. Convenient in-unit LG laundry. One-car covered carport parking w/storages, EV charger outlet, and plenty of additional parking spaces. The quiet community offers an attractive communal pool. Conveniently located near Ranch 99, Nijiya Market, parks, Stevens Creek trails, high-tech companies, freeways, and more. Excellent top-rated schools. Bubb, Graham, Mountain View High. (Buyer to verify)
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1959
- Lot Size
- 992 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $472.0 / Month
Neighborhood Insights
California Unified Schools
Frank L. Huff Elementary School
Grades K-5 • 0.4 mi
Gabriela Mistral Elementary
Grades K-5 • 1.3 mi
Isaac Newton Graham Middle School
Grades 6-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,100 | 1,169 | 36% |
| Lot Size | 992 | - | 86% |
| Price | $980.0K | $948.0K | 50% |
| Price per sq ft | $891 | $864 | 57% |
| Built year | 1959 | 1978 | 7% |
| HOA | $472.0 | $605 | 43% |
| Days on market | 1310 | 187 | 0% |
Pricing History
Listed for Sale
Aug 5, 2022
$980,000
Initial Listing
