360 Fernando Avenue, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
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Palo Alto, California 94306
This Move-In Ready Single Family Residence represents a Prime Investment Opportunity, listed at $1,930,000—positioned well below the $1,978,645 Fair Market Value by 2%. This valuation gap offers $48,645 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a Wrap-around Deck. Located in the prestigious Palo Alto Unified district, this property is an ideal acquisition for Owner-Occupants seeking top-tier schools or first-time buyers prioritizing a premier Palo Alto lifestyle.
Property is move-in ready.
While originally built in 1966, the property has undergone significant renovations. The kitchen features modern granite countertops, stainless steel appliances, and contemporary cabinetry, while the bathrooms show updated fixtures and vanities. The home is well-maintained and move-in ready, fitting the criteria for a 5-15 year renovation age.
Situated in the desirable Ventura neighborhood, the property offers access to top-tier Palo Alto schools, including Gunn High, and is walking distance to California Avenue's amenities and Caltrain.
The finished 1-car garage and additional backyard shed provide essential flexibility for a home office, fitness studio, or creative space, effectively expanding the functional footprint.
A spacious walk-out living area and a wrap-around deck create a seamless transition to the outdoors, maximizing the property's private environment for entertaining and relaxation.
With only 903 square feet of living space, the home may feel restrictive for growing families or those requiring larger interior proportions.
The 3,045 square foot lot is relatively modest for the area, which may limit future expansion possibilities or significant landscaping projects.
Tucked along a quiet stretch of the Ventura neighborhood, this charming home offers a rare chance to enjoy a Palo Alto lifestyle in a peaceful, private environment. Light-filled interiors are designed for contemporary living, highlighted by a spacious walk-out living and dining room combination and a galley-style kitchen appointed with granite countertops and stainless-steel appliances. Two bedrooms provide inviting accommodations, while a finished 1-car garage and a versatile backyard shed add flexibility for a home office, fitness space, or studio. A wrap-around deck extends the living space outdoors. Just next door, the newly renovated and expanded Boulware Park adds to the appeal, and the home is moments from the shops, restaurants, and Caltrain station along California Avenue. Served by highly regarded schools including Barron Park Elementary, Fletcher Middle, and Gunn High (buyer to verify eligibility), this is an exceptional opportunity in a premier Palo Alto location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 903 | 1,730 | 3% |
| Lot Size | 3,045 | 6,737.5 | 5% |
| Price | $1.93M | $3.29M | 5% |
| Price per sq ft | $2.1K | $2.1K | 60% |
| Built year | 1966 | 1952 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 89 | 5% |
May 13, 2026
$1,930,000
Initial Listing
Jul 7, 2017
$1,680,000
Public Record
Mar 29, 2011
$767,750
Public Record