Estadio Teodoro Lolo Fernández is a stadium in Lima, Peru, built in the 1950s and opened on July 20, 1952.

It is owned by the football club Universitario de Deportes, being their first stadium; one stand in the west for 4,000 spectators brought from the Estadio Nacional.

The inauguration game saw Universitario play Universidad de Chile where they won 4-2; Lolo Fernández scored three goals.

The club chose to move those high-risk games to the Estadio Nacional which, at the time, had a capacity of 48,000.

The Estadio Lolo Fernández now serves as a football academy for the club's members and hosts games for the youth teams such as América Cochahuayco which currently participates in Peru's Second Division league.