153 California Avenue F107, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
153 California Avenue F107
Palo Alto, California 94306
Property Price
SUMMARY
Analysis of 153 California Avenue F107, Palo Alto, California 94306 is currently available with a list price of $928,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palo Alto 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 move-in ready.
The property is in move-in-ready condition and has been well-maintained. Although built in 1982, it features several key updates including granite countertops in the kitchen and bathrooms, stainless steel appliances, and fresh interior paint. The flooring consists of a mix of newer tile, laminate, and clean carpeting. While the style of the renovations (granite and cabinetry) is not brand new, the home shows minimal wear and tear and requires no immediate repairs, fitting the criteria for a 'Good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Palo Alto High School (9/10).
- Prime Location & Top-Tier Schools
Situated in a highly desirable Palo Alto neighborhood near California Avenue shopping and dining, the property provides access to the prestigious Palo Alto Unified School District, including the top-rated Palo Alto High School.
- Functional Dual-Suite Layout
The ground-level floor plan features two separate bedroom suites, each with its own private bathroom, offering an ideal configuration for roommates, guests, or a professional home office setup.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association dues are significant at $981 per month, which may impact overall affordability and the buyer's monthly carrying costs compared to other regional options.
- Market Stagnation
The property has undergone multiple price reductions since its initial listing, suggesting that the market has been slow to respond to the original valuation and may indicate a longer-than-average days-on-market period.
About 153 California Avenue F107
Beautifully updated ground-level residence in a gated community with two-bedroom suites, each with private baths. Kitchen features granite countertops and newer tile flooring. Freshly painted, move-in-ready, with extra storage off the back patio. Complex offers landscaped grounds, fountains, pool/spa, and secured underground parking. Located in prestigious Palo Alto schools district, near shopping, dining, and major commuter routes, perfect for first-time buyers seeking a stylish, low-maintenance lifestyle. Community amenities include a pool, hot tub, garden areas, mailroom, and private parking garages. HOA dues cover water, garbage, insurance, gated parking, pool access, and common area. The unit includes one assigned gated parking space in basement (#93) plus additional unassigned parking in the non-gated garage. Park in the basement garage, then walk up the driveway. Use the gate on the left to enter.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $981.0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Escondido Elementary School
Grades K-5 • 0.8 mi
David Starr Jordan Middle School
Grades 6-8 • 0.8 mi
Palo Alto High School
Grades 9-12 • 1.1 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 | 1,117 | 1,385.5 | 18% |
| Lot Size | - | - | 50% |
| Price | $928.0K | $1.39M | 18% |
| Price per sq ft | $831 | $1.0K | 9% |
| Built year | 1982 | 1997 | 14% |
| HOA | $981.0 | $832 | 86% |
| Days on market | 52 | 89 | 23% |
Pricing History
Listed for Sale
Feb 13, 2026
$928,000
$935,000
-1% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$935,000
$968,800
-3% Price Drop
Initial Listing
Price Change
Jan 30, 2026
$968,800
$988,000
-2% Price Drop
Initial Listing
Price Change
Jan 14, 2026
$988,000
Initial Listing
Sold
Apr 30, 2002
$480,000
Public Record