Property Overview:
101 Alma St #303 is a condominium in Palo Alto, CA 94301, built in 1960. It features 2 bedrooms, 2 bathrooms, and 1,216 sq. ft. of living space. The home includes a parking garage and heating system. The estimated home value is $1,886,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%).
- Property crime risk: 10.7% (about the same as state average of 10.8%).
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Schools:
Nearby schools include Lydian Academy, Esther B. Clark School, Sand Hill School, Palo Alto High, Addison Elementary, and Hillview Middle.- Average SAT score: 1221 (higher than state average of 975).
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,402 (17% growth since 2000).
- 50% families with children.
- Largest age group: 45-54 years (15.56%); second largest: 25-34 years (13.36%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.7°F (January), 87.6°F (July).
- Average rainfall: 17.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $132,129.
- Average annual spending: $83,423.
Property Features:
- Coveted corner floor plan with open living, kitchen, and dining areas.
- Abundant natural light and expansive floor-to-ceiling windows with courtyard views.
- One-level living with newer interior paint and flooring.
- Ample walk-in closets.
- 24/7 security and on-site manager.
- Concierge services: Package pickup/receiving, dry cleaning pickup/delivery.
- Amenities: Gym, pool, pool-side pavilion, on-site laundry, and soon-to-be-live EV chargers.
Location Benefits:
- Vibrant downtown living with stunning views and modern convenience.
- Nearby grocery stores: Frans Market, Safeway, The Willow’s Market.
- Nearby coffee shops: Coupa Cafe, The 3rd Door, Starbucks.
- Nearby restaurants: Menlo Grill Bistro & Bar, Chipotle Mexican Grill, True Food Kitchen.
- Close to parks: Burgess Park, Nealon Park, Seminary Oaks Park.
- Commuter-friendly: Easy access to public transportation and major highways.
- Rental estimate: $4,875–$6,060/month.