
Palo Alto, California 94301
This Turnkey Condominium represents a High-Potential Lifestyle Opportunity, though it is currently listed at $1,408,000, which is above the $1,249,217 Fair Market Value. Featuring a Good Condition Rating, the unit offers modern upgrades including Bamboo Flooring, Granite Kitchen countertops, and In-Unit Laundry. Located in the prestigious Palo Alto Unified School District, residents enjoy proximity to top-rated schools and the vibrant University Avenue corridor. This property is an ideal match for Silicon Valley Professionals or Owner-Occupants seeking a sophisticated, low-maintenance urban residence in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Fulton Street 105 Subject | $1,408,000* List Price | 2 | 2 | 1,080 | $1,157 | - |
A 101 Alma Street 407 Sold | $1,495,000 | 2 | 2 | 1,444 | $1,035 | 0.7 mi |
B 101 Alma Street 908 Sold | $1,500,000 | 2 | 2 | 1,491 | $1,006 | 0.7 mi |
C 716 Ramona Street Sold | $1,557,000 | 2 | 1 | 1,042 | $1,494 | 0.6 mi |
D 518 Everett Avenue A Active | $1,288,000 List Price | 2 | 1 | 1,044 | $1,234 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building dates to 1963, the unit has been thoughtfully updated with modern bamboo flooring, granite countertops, and high-end Bosch in-unit laundry. The inclusion of air conditioning and the move-in ready, well-maintained interior suggest a renovation within the 5-15 year range, meeting the 'Good' criteria.
High School: Palo Alto High School (9/10).
Situated just steps from University Avenue, this property offers unparalleled access to Palo Alto's world-class dining, shopping, and major Silicon Valley tech hubs.
The unit features high-quality finishes including bamboo flooring, granite countertops, and the rare convenience of in-unit laundry and air conditioning.
Built in 1963, the building may have older common elements and infrastructure compared to newer luxury condominium developments in the area.
The monthly association fee of $675 is a significant recurring expense that buyers must consider as part of their total monthly carrying costs.
Nestled in the vibrant heart of downtown Palo Alto, this chic and thoughtfully updated condo offers the perfect blend of style, comfort, and convenience. Just steps away from the lively energy of University Avenue, this 2 bedroom, 1.5 bathroom gem is a rare find. Step inside to discover a serene sanctuary, featuring beautiful bamboo flooring and sleek granite countertops that add a touch of modern elegance. The open and airy floor plan is bathed in natural light, creating a calm and inviting atmosphere. The peaceful enclosed balcony is a true standout offering a versatile space that can serve as a home office, a cozy reading nook, your morning yoga spot or a place to unwind after a long day. You'll also enjoy the ease of in-unit laundry, air conditioning, and secured underground parking. Perfectly positioned on the Peninsula, this home provides effortless access to all the amenities and attractions the area has to offer, from world-class dining and shopping to top-rated schools and tech hubs. Whether you're looking for a tranquil retreat or a vibrant urban lifestyle, this condo checks all the boxes. Don't miss your chance to call this downtown Palo Alto treasure your own!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,467.5 | 40% |
| Lot Size | - | - | 50% |
| Price | $1.41M | $1.53M | 30% |
| Price per sq ft | $1.3K | $1.3K | 50% |
| Built year | 1963 | 1980 | 40% |
| HOA | $675.0 | $1.0K | 20% |
| Days on market | 23 | 93 | 10% |
May 22, 2026
$1,408,000
Initial Listing
Apr 5, 2002
$430,000
Public Record