Property Overview:
1020 Laurel Ave is a single-family home in East Palo Alto, CA, built in 1949. It features 2 bedrooms, 1 bathroom, and 810 sq. ft. of living space. The home includes a parking garage. The estimated home value is $712,200.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19.1% (higher than state average of 11.8%).
- Property crime risk: 11.7% (higher than state average of 10.8%).
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Schools:
Nearby schools include Cesar Chavez Ravenswood Middle, Belle Haven Elementary, Oxford Day Academy, and Packard Children’s Hospital/Stanford.- Average SAT score: 1062 (above state average of 975).
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age group: 35-44 years (14.67%), followed by 25-34 years (14.04%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 87.2°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $82,787.
- Average annual spending: $59,990.
Property Features:
- Bonus room plus a detached ADU (ideal for study, den, workshop, office, or playroom).
- Updated layout with new flooring, recessed lighting, and a modern kitchen featuring granite countertops and updated cabinets.
- Master suite with flexible use options.
- Large, recently landscaped backyard—perfect for entertaining.
- Additional parking in front for convenience.
- Minutes from major tech employers: Facebook (5 min), Google (12 min), Amazon (5 min).
Location Benefits:
- Commuter-friendly: Close to major tech campuses and highways.
- Ideal for families, professionals, and those seeking investment potential with both cash flow and appreciation.