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165 Forest Avenue 4BPalo Alto, CA 94301

For Sale

$1,695,000

Smart Buyer Rebate $16,950

Rare opportunity to own in the heart of downtown Palo Alto. This light-filled 2-bedroom, 2-bath condominium offers open-concept living just steps from everything that makes Palo Alto exceptional.

Freshly painted with new carpet throughout, the home features an airy living and dining space that opens to a private walk-out balcony, plus Juliet balconies in every room that draw in abundant natural light and fresh air. The thoughtful floor plan provides excellent separation of space, ideal for both daily living and guests.

Two independent deeded parking spaces and a large private locked storage unit offer rare convenience in this downtown setting.

Step outside and you are moments from University Avenue and the area's acclaimed restaurants and cafés, close to Caltrain, two minutes from Whole Foods, and within easy reach of Stanford University. Leave the car behind and embrace a truly walkable lifestyle in one of the most sought-after neighborhoods in Silicon Valley.

There is something almost divine about the simplicity of living exactly where you want to be. 165 Forest Avenue, Unit 4B delivers that rare combination of location, light, and livability in the center of it all.

Listed by Robert Purnell

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License #01351519

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Compass

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415-272-1498

Last updated March 16, 2026

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Source: MLSListings #ML82037068

Listing Facts

  • TypeCondo
  • NeighborhoodUniversity South
  • Bedrooms2
  • Days on Prevu13
  • HOA/Maint. Fees$1,031/month
  • Size1,334 sqft
  • Price per sqft$1,271

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

03/04/2026
Listed by Compass
$1,695,000

Property Details for 165 Forest Avenue 4B

Association

Fees

  • Association Fee: $1,031.00 Monthly

General

  • Association Name: Palo Alto Plaza Homeowners Assoc
  • Number Of Units In Community: 32

Exterior

Construction

  • Roof: Other
  • Stories: 1
  • Year Built: 1981
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,334
  • Lot Size Source: Assessor

Financial

Taxes

  • Parcel Number: 120-61-020

Interior

Features

  • Appliances: Washer/Dryer
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Flooring: Carpet, Laminate

Measurements

  • Living Area: 1,334

Rooms

  • Bathrooms Full: 2
  • Bedrooms Total: 2

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned Spaces, Common Parking Area, Enclosed, Gate/Door Opener

Schools

Elementary School

  • Elementary School District: Palo Alto Unified

High School

  • High School District: Palo Alto Unified

Utilities

Equipment

  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this condo have?

There are 2 bedrooms in this condo at 165 Forest Avenue 4B.

Does this condo have parking?

Yes, there are 2 parking spaces available for 165 Forest Avenue 4B.

Are pets allowed at 165 Forest Avenue?

Yes, 165 Forest Avenue allows pets.

How does 165 Forest Avenue 4B compare to other condos in University South?

This condo is listed 27% below the average price for condos in University South and has been on the market for 53 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the Palo Alto Plaza Homeowners Assoc home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 1,334 sqft.

165 Forest Avenue 4B is a 2-bedroom condo for sale in Palo Alto CA 94301. Available on Prevu for 13 days at $1,695,000. This residence features 1,334 square feet of living space, located in University South. The median listing price for condos in this area is $3,288,000. The home offers pets allowed and parking. Browse more condo listings in Palo Alto.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.