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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

Does Belmont Brokerage handle commercial real estate?

Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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1070 Mercedes Avenue 1 — Los Altos — 2 Beds • 2 Baths • 960 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+25 more

$998,000

3 DOM

$1,040/sqft2 bd2 ba960 sqftHOA ~765/mo

Call

1070 Mercedes Ave 1 Los Altos, CA 94022

913sqft lot

Rare single-level corner unit with no neighbors above or below in the desirable Mercedes Court community in North Los Altos. Ideally located near top-rated schools including Santa Rita Elementary School, Ardis G. Egan Junior High School, and Los Altos High School (buyer to verify). Just minutes from Terman Park and San Antonio Center with shopping, dining, and entertainment. This beautifully updated home features double-pane windows and a remodeled kitchen with stainless steel appliances, granite countertops, backsplash, and recessed lighting. Bright open living and dining areas include a cozy fireplace and access to a private oversized patio. The primary suite offers a walk-in closet and remodeled bath with shower over tub. Second bedroom overlooks mature trees. Updated hall bath with walk-in shower. Additional features include in-unit laundry, covered parking, clubhouse, and secure swimming pool. Easy access to Caltrain and major tech campuses.

MLS ML82042501

(650) 668-0200 (Office) 650-930-7956 (Cell) linda.wang@theagencyre.com

Est. payment

$7,142/mo

Principal & interestTaxesInsuranceHOA

$5,046$1,040$291$765

Down %

Rate %

Years

Down payment: $199,600 · Total cost: $2,016,315

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,142/mo

Principal & interest: $5,046
Est. property tax: $1,040
Est. insurance: $291
HOA (normalized / mo): $765
Down payment: $199,600

Est. gross rent$4,158/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,984/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.