455 Grant Avenue 8, Palo Alto, California 94306, Palo Alto, 94306 - 3 bed, 2 bath

455 Grant Avenue 8, Palo Alto, California 94306 home-pic-0
ACTIVE$1,098,000
455 Grant Avenue 8, Palo Alto, California 94306
3Beds
2Baths
1,362Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: The property boasts a prime location, blocks from California Ave, minutes from Stanford University, and within the highly-rated Palo Alto school district, offering unparalleled convenience and desirability.
Top Cons:
Building Age: Constructed in 1962, the building's age, despite interior updates, may raise concerns for some buyers regarding potential future maintenance or architectural style preferences.

Compared to the nearby listings

Price:$1.10M vs avg $1.37M ($-276,900)16%
Size:1,362 sqft vs avg 1,400 sqft37%
Price/sqft:$806 vs avg $96916%

More Insights

Built in 1962 (63 years old).
Condition: This 1962-built unit has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern white shaker-style cabinetry, dark granite countertops, a mosaic tile backsplash, and stainless steel appliances, including an in-unit washer/dryer. Both bathrooms are updated with contemporary vanities, modern fixtures, and subway tile, appearing clean and well-maintained. A major system upgrade includes new mini-split heating and cooling units in each room. The living areas and bedrooms boast dark hardwood flooring and recessed lighting, while the dining area features a modern chandelier. Although the building is older, the extensive interior renovations, particularly in the kitchen and bathrooms, and the updated climate control system, align with a property extensively renovated within the last 5-15 years, showing minimal wear and tear.
Year Built
1962
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$806
HOA
$780
Days on market
-
Sold On
-
MLS number
ML82026267
Home ConditionGood
Features
Good View:
Deck
View-

About this home

Blocks away from California Ave, minutes from Stanford, this updated end-unit is open & bright and is one of very few units in the complex with A/C system. New mini-split units have been installed in each room with HOA approval and city permits providing both heating & cooling in addition to the radiant heating system. Abundance of natural lights flow throughout every corner with floor-to-ceiling glass. Spacious living room features recessed lights and sliding doors to a spacious balcony overlooking the interior of the community. Dining area, open to kitchen has entire wall of sliding glass doors to a balconette with gorgeous tree view and complete privacy. Updated kitchen features white cabinetry topped in granite slab and stainless steel appliances. Bedrooms are located in a separate wing, highlighted by a primary bedroom suite with walk-in closet, updated en-suite bath and baclonette with tree views and complete privacy. Inside laundry (plus HOA has additional laundry facility). HOA amenities include pool, BBQ area, elevators, bike storage room. HOA covers water, garbage and radiant heating. Designated garage parking plus additional parking space available to rent from HOA plus street parking permit available through the city. Excellent Palo Alto schools.

Condition Rating
Good

This 1962-built unit has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern white shaker-style cabinetry, dark granite countertops, a mosaic tile backsplash, and stainless steel appliances, including an in-unit washer/dryer. Both bathrooms are updated with contemporary vanities, modern fixtures, and subway tile, appearing clean and well-maintained. A major system upgrade includes new mini-split heating and cooling units in each room. The living areas and bedrooms boast dark hardwood flooring and recessed lighting, while the dining area features a modern chandelier. Although the building is older, the extensive interior renovations, particularly in the kitchen and bathrooms, and the updated climate control system, align with a property extensively renovated within the last 5-15 years, showing minimal wear and tear.
Pros & Cons

Pros

Exceptional Location: The property boasts a prime location, blocks from California Ave, minutes from Stanford University, and within the highly-rated Palo Alto school district, offering unparalleled convenience and desirability.
Modern Climate Control System: A significant upgrade for a unit of its age, new mini-split units provide both heating and cooling in each room, complementing the existing radiant heating for year-round comfort.
Abundant Natural Light & Privacy: As an end-unit, it features floor-to-ceiling glass throughout, ensuring ample natural light, along with private balconettes offering serene tree views and enhanced privacy.
Comprehensive HOA Amenities & Inclusions: Residents benefit from a pool, BBQ area, elevators, and bike storage, with HOA dues covering water, garbage, and radiant heating, simplifying living expenses.
Updated Interior & Functional Features: The unit features an updated kitchen with granite and stainless steel, a well-appointed primary suite with a walk-in closet, and convenient in-unit laundry, catering to modern living.

Cons

Building Age: Constructed in 1962, the building's age, despite interior updates, may raise concerns for some buyers regarding potential future maintenance or architectural style preferences.
High Monthly HOA Dues: The $780 monthly HOA fee, while inclusive of some utilities, represents a substantial recurring cost that could impact a buyer's overall budget and affordability.
Condominium Restrictions: As a condominium, ownership entails adherence to HOA rules and regulations, which may limit personal modifications or lifestyle choices compared to a single-family home.

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