161 California Avenue K104, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
Loading property details...
Palo Alto, California 94306
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $928,000—positioned well below the $968,843 Fair Market Value by 4%. This valuation gap offers $40,843 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a gourmet kitchen and spa-like baths, this residence offers a premium lifestyle near the California Avenue Caltrain and top-rated Palo Alto Unified schools. It is an ideal acquisition for Owner-Occupants or Silicon Valley professionals seeking a turnkey, high-amenity home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 161 California Avenue K104 Subject | $928,000* List Price | 2 | 2 | 1,117 | $867 | - |
A 153 California Avenue F215 Sold | $970,000 | 2 | 2 | 1,247 | $778 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a complete high-end renovation within the last 5 years. It features a brand-new gourmet kitchen, luxury spa-like bathrooms, new flooring throughout, and updated infrastructure including brand-new heating and cooling systems, making it a turn-key, mint-condition residence.
High School: Palo Alto High School (9/10).
Located steps from the California Avenue Caltrain station, Mollie Stone's, and a variety of dining options, this property offers an exceptional car-free lifestyle in the heart of Silicon Valley.
The residence has been meticulously transformed with high-end finishes, including a gourmet kitchen, luxury spa-like bathrooms, and brand-new heating and cooling systems for immediate move-in comfort.
The association fee of $981 per month is relatively high for a two-bedroom unit, which may impact the overall monthly affordability and debt-to-income ratios for prospective buyers.
As a ground-level unit (K104) in a dense urban complex, the property may experience more foot traffic noise and reduced privacy compared to upper-floor residences.
Experience the pinnacle of urban convenience in this stunning, fully transformed residence at Palo Alto Central. Set inside a highly desirable gated community at 161 California Avenue, this turn-key home has been meticulously reimagined from the flooring up with flawless modern design. The light-filled, open floor plan flows seamlessly, anchored by a striking custom nickel-gap siding accent wall that frames the fireplace. Every inch is completely updated, featuring beautiful new floors, premium designer lighting, a sleek gourmet kitchen, and spa-like luxury bathrooms with high-end fixtures and contemporary hardware. The infrastructure is equally pristine, boasting brand-new heating and cooling systems for year-round comfort. Perfect for indoor-outdoor entertaining, the living space extends out to large patio spaces ideal for relaxing or al fresco dining. Beyond your front door, an unparalleled walkable lifestyle awaits. You are steps from the California Avenue Caltrain station, Mollie Stones Market, excellent dining, outdoor cafes, and the popular Sunday Farmers Market, with seamless access to Stanford University and Silicon Valley tech hubs. Complete with secure underground parking and resort-style community pool and spa amenities. Secure parking - space 175 + guest parking
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,117 | 1,056 |
| Lot Size | - | - |
| Price | $928.0K | $1.48M |
| Price per sq ft | $831 | $1.1K |
| Built year | 1982 | 1984 |
| HOA | $981.0 | $868 |
| Days on market | 44 | 49 |
Jun 8, 2026
$928,000
Initial Listing
Oct 7, 2003
$460,000
Public Record