$1,795,000
PENDING NEW CONSTRUCTION $50K PRICE DROP

425 1st St Unit 21 Los Altos, CA 94022

Estimated payment $10,842/month

Total Views 17,189
2 Beds
2 Baths
1,126 Sq Ft
$1,594 Price per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Enclosed Parking
  • Gardner Bullis Elementary School Rated A
  • Wood Flooring
  • Wheelchair Access

About This Home

425 First is a boutique development of 20 luxury condominiums in downtown Los Altos. Located just two blocks from Main Street, this collection of one-bedroom, one-bedroom plus den, and two-bedroom residences are perfectly positioned to embrace the dynamic Los Altos lifestyle. Residence #21 is located in the SW corner and boasts an open and bright floor plan. This 2BR/2BA home features a spacious living and dining area perfect for entertaining. Newly constructed, the residences at 425 First showcase modern, open floor plans with an abundance of natural light that illuminates the thoughtfully designed sleek interiors. The homes boast high ceilings, wide-plank European Oak hardwood flooring, modern European-style custom cabinetry, and Dacor professional stainless-steel appliances with a dual-fuel gas range. Laundry hook-ups and 2 parking spaces complete this home.

Listing Agent

Lisa Lyons

Compass License #01501433 Listed on: 07/01/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,134

Year Built

  • Built in 2024 | New Construction

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Enclosed Parking

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access
  • Accessible Doors

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Additional Features

  • 1-Story Property
  • Heat Pump System

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, ground maintenance, management, roof, trash
  • 20 Units
  • 425 First Owners Association

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Fire and Smoke Detector
  • Fire Suppression System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,134

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property Condition: New Construction
  • Accessibility Features: Accessible Doors, Accessible Elevator Installed, Wheelchair Access
  • Levels: One
  • Year Built: 2024
  • Property Sub Type: Condominium
  • Horses: No
  • Co List Office Mls Id: COMP90
  • Directions: Located on 1st Street between Lyell and Whitney Streets
  • Efficiency: Thermostat, Water Heater, Windows
  • Property Attached Yn: Yes
  • PictureCountPublic: 41
  • BridgeModificationTimestamp: 2025-12-04T20:45:26.656Z
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dual Fuel, Range Hood, Microwave
  • Flooring: Tile, Wood
  • Laundry Features: Hookups Only, Laundry Closet
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Road Surface Type: Paved Sidewalk
  • Home Warranty: No
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Assigned, Enclosed, Electric Vehicle Charging Station(s), Mechanical Lift, Underground, Side by Side, On Site
  • Covered Parking Spaces: 2

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Heat Pump
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Suppression System, Secured Access
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Maintenance Grounds, Management, Roof, Trash, Other

Association/Amenities

  • Association Name: 425 First Owners Association

Schools

  • Junior High Dist: Santa Clara

Lot Info

  • Lot Size Units: Square Feet
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Pets Allowed: Number Limit, Size Limit
  • Existing Lease Type: Net

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units In Community: 20

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,134 $928,850 $324,445 $604,405
2024 $11,134 $850,305 $318,084 $532,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Pending -- -- --
11/14/2025 11/14/25 Price Changed $1,795,000 -2.7% $1,594 / Sq Ft
07/01/2025 07/01/25 For Sale $1,845,000 -- $1,639 / Sq Ft
Source: San Francisco Association of REALTORS®

Source: San Francisco Association of REALTORS®

MLS Number: 425053844

San Francisco Association of REALTORS®

APN: 167-65-009