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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.

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4151 El Camino Way M — Palo Alto — 2 Beds • 2 Baths • 938 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+32 more

$990,000

11 DOM

$1,055/sqft2 bd2 ba938 sqftHOA ~804/mo

Call

4151 El Camino Way M Palo Alto, CA 94306

Welcome to this prime end-unit condo with 2 beds and 2 baths in the heart of Palo Alto, set within a gated community. This two-story home offers a thoughtful layout, starting with a spacious lower-level bedroom and a nearby full bath featuring a floating vanity and a sleek stall shower. Down the hall, the cozy kitchen includes quartz countertops, a stylish backsplash, stainless steel appliances, and a breakfast bar. The bright living room boasts a vaulted ceiling and large windows, filling the space with natural light. A sliding door opens to a private balcony-perfect for relaxing outdoors. Upstairs, the primary suite features a bedroom with a vaulted ceiling and an en-suite bath with a shower over tub and skylight, plus direct access to an upper-level balcony. A washer and dryer on the same level add everyday convenience. Additional highlights include engineered hardwood flooring, double-pane windows, and recessed lighting throughout. The home comes with two assigned parking spaces and extra storage in an underground garage. Ideally located near downtown, shops, and restaurants, and within the top-rated Palo Alto school district. Do not miss this great opportunity!

MLS ML82040297

(408) 252-1133 (Office) 650-683-6888 (Cell) xzhkang@gmail.com

Est. payment

$7,130/mo

Principal & interestTaxesInsuranceHOA

$5,006$1,031$289$804

Down %

Rate %

Years

Down payment: $198,000 · Total cost: $2,000,152

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$7,130/mo

Principal & interest: $5,006
Est. property tax: $1,031
Est. insurance: $289
HOA (normalized / mo): $804
Down payment: $198,000

Est. gross rent$4,125/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)$-3,005/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.