3543 Park Boulevard, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 1 bath
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3543 Park Boulevard
Palo Alto, California 94306
ACTIVE
CONDITION: GOOD
2Beds
1Baths
966Sq Ft
5,000Lot Size
Property Price
LIST PRICE$2,498,000
EST. MARKET VALUE
$2,489,878
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $2,498,000—positioned well below the $2,489,879 Fair Market Value (priced at market stability). Featuring a 390 sq.ft. Detached ADU and a Condition Rating of 3, the property offers modern upgrades like a Wolf Range and Multi-zone HVAC. Located in the Palo Alto Unified district, this home provides a rare blend of rental income potential and lifestyle convenience. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile Palo Alto property.
Estimated Market Value
$2,489,878
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3543 Park Boulevard Subject 2 bd · 1 ba · 966 sqft · $2,578 | $2,498,000* List Price | 2 | 1 | 966 | $2,578 | - |
A 360 Fernando Avenue Sold 2 bd · 2 ba · 903 sqft · $2,126 · 0.2 mi | $1,920,000 | 2 | 2 | 903 | $2,126 | 0.2 mi |
B 4065 2nd Street Sold 3 bd · 1 ba · 1,050 sqft · $2,495 · 0.5 mi | $2,620,000 | 3 | 1 | 1,050 | $2,495 | 0.5 mi |
C 3420 Orinda Street Sold 2 bd · 2 ba · 1,200 sqft · $2,592 · 0.1 mi | $3,110,000 | 2 | 2 | 1,200 | $2,592 | 0.1 mi |
D 3609 South Court Sold 3 bd · 2 ba · 1,175 sqft · $2,517 · 0.7 mi | $2,958,000 | 3 | 2 | 1,175 | $2,517 | 0.7 mi |
E 4102 Verdosa Drive Active 3 bd · 1 ba · 1,191 sqft · $2,057 · 0.7 mi | $2,450,000 List Price | 3 | 1 | 1,191 | $2,057 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1949, the property has undergone significant updates including a modern multi-zone mini-split HVAC system and a high-end Wolf range in the kitchen. The interior features well-maintained hardwood floors and updated bathrooms, and the addition of a functional 390 sq.ft. ADU suggests a renovation within the 5-15 year range. The home is move-in ready and professionally landscaped.
PROSSTRENGTHS & OPPORTUNITIES
- Detached ADU
The property features a 390 sq.ft. detached ADU with a kitchenette and full bathroom, providing versatile options for rental income, a private home office, or guest accommodations.
- Prime Location
Situated in the Ventura neighborhood, the home is less than a mile from California Avenue’s dining, shopping, and CalTrain station, while offering access to top-rated Palo Alto schools.
- Modern Upgrades
The home is equipped with high-end features including a six-burner Wolf range and a multi-zone mini-split HVAC system for efficient, year-round climate control.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 966, other record living area = 832.
- Limited Main Living Area
With the main residence providing under 1,000 square feet of living space, the interior may feel compact for buyers accustomed to larger suburban floor plans.
- High Price per Square Foot
The list price of nearly $2.5 million reflects a premium valuation that may be challenging for buyers focused on maximizing total square footage relative to their investment.
About 3543 Park Boulevard
Conveniently located in Palo Alto's Ventura neighborhood, this single level home offers a 3 bed, 2 bath main house and a detached 390 sq.ft. ADU with private side entrance. A charming front porch welcomes you into the light filled living room with beautiful hardwood floors. Eat-in kitchen with abundant counter and storage space features a six burner Wolf range. The detached ADU features a kitchenette and full bathroom, offering potential rental income, luxurious guest space or home office/studio. Multi-zone mini-split HVAC for year round comfort. Private backyard offers multiple spaces to gather and relax with raised garden beds and mature plantings. Less than 1 mile to California Ave. with CalTrain station and fabulous dining, shopping, recreation, and year-round farmers market on Sunday. Top rated Palo Alto Schools, this is a must-see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 1.0 | 2.4 |
| Square foot | 966 | 1,780.218 |
| Lot Size | 5,000 | 7,183.641 |
| Price | $2.50M | $3.95M |
| Price per sq ft | $2.6K | $2.2K |
| Built year | 1949 | 1952 |
| HOA | $0 | $0 |
| Days on market | 15 | 30 |
Pricing History
Listed for Sale
Oct 9, 2026
$2,498,000
Initial Listing