612 Forest Avenue, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 3 bath
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Palo Alto, California 94301
This Turnkey Townhouse represents a High-Potential Investment Opportunity, listed at $1,698,000—positioned well below the $1,776,000 Fair Market Value by 4%. This valuation gap provides $78,000 in Instant Equity. Featuring a Gourmet Chef's Kitchen and Dual Primary Suites, the property maintains a Turnkey Condition Rating. Located in the prestigious Palo Alto Unified district, this home offers a sophisticated lifestyle for Owner-Occupants or discerning professionals seeking a secure, move-in ready sanctuary in the heart of Silicon Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 Forest Avenue Subject | $1,698,000* List Price | 2 | 3 | 1,392 | $1,276 | - |
A 614 Forest Avenue Sold | $1,800,000 | 2 | 2 | 1,392 | $1,293 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Property is in turnkey, move-in condition with a high-end renovation. Features a gourmet kitchen with Bosch appliances and granite countertops, along with fully updated bathrooms and double-pane windows. Despite the 1977 build date, the interior finishes and mint condition align with the criteria for a recent, comprehensive renovation.
Situated in the highly desirable University South neighborhood, this property offers exceptional walkability to University Avenue's premier dining and shopping, Stanford University, and Caltrain.
The home features a gourmet chef's kitchen with premium Bosch appliances and dual primary suites with updated bathrooms, providing a sophisticated, move-in-ready experience.
Rare for downtown Palo Alto living, the unit includes two dedicated parking spaces in a secure gated underground garage along with an additional storage unit for convenience.
The monthly association fee of $620 adds a significant recurring expense to the cost of ownership, which may impact the budget of some buyers.
With a lot size of only 680 square feet, the outdoor space is limited to a small slate patio, which may not satisfy buyers seeking a traditional yard or garden area.
Offered in Turnkey, Move-In Condition Welcome to an effortless Silicon Valley lifestyle in the heart of the highly desirable University South neighborhood. This refined downtown townhouse offers the perfect blend of a quiet, private sanctuary with an upscale, highly walkable urban lifestyle. Close to 1,400 square feet of bright, open, and freshly painted interiors. Double-pane windows throughout. Gourmet Chef's Kitchen Equipped with a premium suite of Bosch stainless steel appliances, granite countertops, and a breakfast bar. Seamless Entertaining: An open floor plan where the kitchen flows beautifully into the dining area and a spacious living room. Private Outdoor Sanctuary-Sliding doors lead to a peaceful private slate patio, perfect for relaxing or al fresco dining. Dual Primary Suites-Two generous upstairs bedroom suites, privately situated with beautifully updated bathrooms. Everyday Convenience, Main-level powder room for guests, convenient laundry area, and an extra storage unit. Secure Parking direct access to an underground, secure gated garage with 2 dedicated parking spots. Just blocks to University Ave shopping and dining, with easy access to Stanford, Caltrain, and Hwy 101.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,392 | 1,392 | 50% |
| Lot Size | 680 | 680 | 50% |
| Price | $1.70M | $1.80M | 33% |
| Price per sq ft | $1.2K | $1.3K | 33% |
| Built year | 1977 | 1977 | 50% |
| HOA | $620.0 | $620 | 50% |
| Days on market | 8 | 85 | 33% |
May 29, 2026
$1,698,000
Initial Listing
Jun 14, 2022
$1,620,000
Public Record
Mar 22, 2004
$630,000
Public Record
Jun 21, 2001
$575,000
Public Record
Mar 26, 1997
$350,000
Public Record