Welcome to 240-260 Fernando Ave, a rare and versatile three-unit property ideally situated in one of Palo Alto's most desirable neighborhoods. Nestled on a tree-lined street, this triplex offers a unique opportunity for investors, extended families or those seeking rental income while living in one of the units. All 3 individual buildings consist of 1 bedrooms, 1 bathroom, 933 SqFt, their own private entrances, comfortable living spaces, and abundant natural light. Updated kitchens, hardwood floors, and charming mid-century details create a warm and inviting atmosphere throughout.
Gather around the cozy fireplace, perfect for relaxing evenings and chilly days. These units include a practical laundry area, offering convenience for day-to-day chores. Additionally, the ceiling fan ensures effective cooling, while the wall furnace provides efficient heating during colder months.
The property sits on a generous minimum lot size of 7,875 sq ft, providing ample space for outdoor activities and potential landscaping projects.
Don't miss the opportunity to own this lovely residence in Palo Alto!
Under contract
Price cut: $200K (7/21)
$2,798,888
250 Fernando Ave, Palo Alto, CA 94306
--beds
--baths
2,799sqft
Est.:
MultiFamily
Built in 1948
-- sqft lot
$2,601,900 Zestimate®
$1,000/sqft
$-- HOA
What's special
Cozy fireplacePotential landscaping projectsTree-lined streetAbundant natural lightGenerous minimum lot sizeCharming mid-century detailsUpdated kitchens
- 90 days
- on Zillow |
- 1,173 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 04:39am
Listed by:
Michael Camarena 02086938 408-710-0381,
Intempus Realty,
Eugene Korsunsky 01795317 408-391-1606,
Intempus Realty
Source: MLSListings Inc,MLS#: ML82008201

Travel times
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Interior area
- Total structure area: 2,799
- Total interior livable area: 2,799 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Off Street
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Lot
- Size: 7,875 Square Feet
Details
- Parcel number: 13233027
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete Perimeter
- Roof: Foam
Condition
- Year built: 1948
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,000/sqft
- Tax assessed value: $2,844,568
- Annual tax amount: $34,431
- Date on market: 5/23/2025
- Listing agreement: ExclusiveAgency
- Inclusions: Building, Land
- Lease term: Renewal Option
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