People are going wild over a seemingly basic California house on the market for $2 million

• A dated-looking 1950s-era home in the tech-billionaire hot spot Palo Alto is listed for $2 million.
• Its listing agent posted a video tour that shocked people who said its look didn't match its price.
• The agent said the ask was typical in the area, where owners include Mark Zuckerberg and Larry Page.

The adage "location, location, location" is especially true in California, where a property's ZIP code can significantly influence its price tag.