365 Forest Avenue 2d, Palo Alto, California 94301, Palo Alto, - bed, bath

home-pic
ACTIVE$1,995,000
365 Forest Avenue 2d, Palo Alto, California 94301
3Beds
3Baths
1,980Sqft
1,771Lot
Year Built
1981
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
-
HOA
$1,150
Days on market
-
Sold On
-
MLS number
ML82020161
Home ConditionFair
Features
Deck
View-

About this home

Welcome to this charming 3 bedroom, 2.5 bathroom condominium located in the heart of vibrant Downtown Palo Alto. With a spacious 1,980 sq ft, this property offers a blend of comfort and practicality. On the entry level, a comforting fireplace adds warmth to the living area, making it an inviting spot to relax. Enjoy the open dining area and adjacent deck which provide a pleasant space for gatherings. The kitchen is designed for efficiency, perfect for both casual meals and more elaborate culinary endeavors. Upstairs you'll find three bedrooms including the spacious primary suite - complete with a large walk-in closet with beautiful wooden shelving - and a lovely bathroom with double sinks and stall shower. Two additional bedrooms and full bathroom are located on this floor. A washing machine and dryer are conveniently located in the hallway. Two assigned parking spots in the secure underground parking with a dedicated EV hookup just for this condo. Award-winning Palo Alto Schools (Addison, Greene and Palo Alto HS). Just steps away on Gilman Street, the long-standing and popular Downtown Palo Alto Farmers Market is held every Saturday morning, connecting food lovers and farmers. Enjoy this home's features and its ideal location in bustling Downtown Palo Alto. Make this home yours!

Price History

Date
Event
Price
09/04/25
Listing
$1,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds32
86%
Baths32
71%
Square foot1,9801,445
86%
Lot Size1,7710
14%
Price$2M$1.78M
57%
Price per square foot$1,008$1,095
29%
Built year19811980
57%
HOA$1,150$981
71%
Days on market6269
43%
Condition Rating
Fair

Built in 1981, this property is well-maintained but features dated elements in the kitchen and primary bathroom, including tiled countertops, tiled backsplashes, and older light fixtures. While some areas have updated hardwood flooring and newer stainless steel appliances, the overall condition of the wet areas suggests a renovation that is 15-30 years old, or original features with minor cosmetic updates. It is functional but requires minor updates to meet current aesthetic standards.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of vibrant Downtown Palo Alto, offering immediate access to local amenities, dining, and the popular Saturday Farmers Market.
Award-Winning Schools: Located within the highly-regarded Palo Alto Unified School District, including Addison, Greene, and Palo Alto High School, a major draw for families.
Spacious Living Area: A generous 1,980 sq ft layout with 3 bedrooms and 2.5 bathrooms, providing ample space for comfortable living, including a large primary suite with a walk-in closet.
Dedicated EV Parking: Includes two assigned parking spots in secure underground parking, complete with a dedicated EV hookup, a significant modern convenience.
Functional Amenities: Features a comforting fireplace, an open dining area with an adjacent deck, and in-unit washing machine and dryer, enhancing daily comfort and practicality.

Cons

High Association Fees: The monthly association fee of $1150.0 is substantial and adds a significant recurring cost to homeownership.
Property Age: Built in 1981, the property is over 40 years old, which may imply dated systems or finishes that could require future renovation or maintenance to meet modern standards.
Lack of Explicit Modern Updates: While described as efficient and lovely, the listing does not explicitly mention recent, comprehensive modern renovations to key areas like the kitchen or bathrooms, which might be a consideration for buyers seeking contemporary aesthetics.

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