1040 Colorado Place, Palo Alto, CA 94303-3850, USA

Property CA
, , , , , , , , , , ,
1

Property Overview:

1040 Colorado Pl is a condominium/townhome in Palo Alto, CA 94303, built in 1981. It features 2-3 bedrooms, 3 bathrooms, and 1,572 sq. ft. of living space. The home includes a two-car garage, fireplace, central A/C, and heating system. The estimated home value is $1,480,972 – $1,549,000.

Neighborhood Highlights:

  • 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%).

  • Schools:
    Nearby schools include Ohlone Elementary, Frank S. Greene Jr. Middle, Greendell, East Palo Alto Academy, Palo Alto High, Stanford Middle, and Palo Verde Elementary.

    • Average SAT score: 1062 (above state average of 975).
    • Highly rated Palo Alto School District.

  • Job Market:

    • 59.9% white-collar jobs, 40.1% blue-collar jobs.
    • Unemployment rate: 4.9% (slightly above state average of 4.7%).

  • Demographics:

    • Community population: 41,564 (4% growth since 2000).
    • 69% families with children.
    • Largest age group: 25-34 years (14.04%), next 35-44 years (14.67%).

  • Natural Disaster Risk:

    • High flood risk, low tornado risk, high earthquake risk.

  • Weather:

    • Average temperature: 51.2°F (January), 87.2°F (July).
    • Average rainfall: 18.3 inches/year.
    • Average snowfall: 0.1 inches/year.

  • Cost of Living:

    • Median household income: $82,787.
    • Average annual spending: $59,990.

Property Features:

  • Fully remodeled in 2017 with modern amenities and contemporary finishes.
  • Open floor plan: Kitchen, living, and dining areas with French doors to front and back porches.
  • Kitchen:
    • Showpiece quartzite countertops
    • Stainless steel appliances (oven, stove, microwave, dishwasher)
    • Bar stool seating and breakfast nook
  • Bathrooms:
    • All 3 fully remodeled with natural stone, marble flooring, and skylights
    • Master bath: Rain shower, oversized 6 ft tub, electronic bidet toilet seat
    • Heated flooring in main level bath
  • Flooring: Gorgeous hardwood/hickory-engineered hardwood throughout
  • Laundry: Stacked Bosch washer/dryer included
  • Garage: Two-car garage with storage and separate attic storage
  • Outdoor:
    • Private backyard with patio
    • Fully automated sprinkler system
    • Spacious courtyard and large yard
  • Other:
    • Triple-pane windows
    • Central A/C
    • Gas/electric fireplace
    • Nest Thermostat
    • Non-smoking environment
    • Small dogs and cats negotiable
    • Furniture not included
    • Landscaping included with rent
    • Tenant pays all utilities
    • Minimum 680 credit score / 3x rent income required
    • 12-month lease

Location Benefits:

  • Prime Palo Alto location:
    • Across from Greer Park
    • Minutes to Midtown shopping district (Whole Foods, Trader Joe’s, Safeway, The Fresh Market, Garden Super Market)
    • Nearby coffee shops: Starbucks, Philz Coffee
    • Nearby restaurants: Bee Cafe, Chef Zhao Kitchen, Bill’s Cafe
    • Close to commuter routes: Easy access to Highway 101 and public transit
    • Near multiple parks: Greer Park, Henry W. Seale Park, Hoover Park
  • Family-friendly:
    • Excellent school district
    • Community with high percentage of families with children
  • Perfect for entertaining and relaxing with exceptional outdoor living spaces.
2

Price and Status History

date type price
1986-06-05 Sold 173000
2000-05-05 Sold 439000
2007-04-30 Sold 715000
2010-01-22 For Sale 630000
2010-02-28 Sold 672000
2021-05-08 Rental 4900
2023-08-15 Pending NaN
2024-04-06 For Sale 1849000
2024-04-16 For Sale 955750
2024-04-24 Sold 2000000
2024-04-26 Sold 2000000
3

Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
PALO ALTO DEPT OF UTILS 3201 East Bayshore Road, Palo Alto, CA 94303-3213, USA N N NF 0 CAT000604017 0.31
FORD AEROSPACE 1036 East Meadow Circle, Palo Alto, CA 94303-4230, USA N N NF 0 CAD980673925 0.73

Toxic Release Inventory

FACILITY NAME ADDRESS TOTAL FORMS LAST FORM YEAR RISK SCREENING FACILITY ID DISTANCE (MILES)
GOOCH & HOUSEGO (PALO ALTO) LLC 1040 East Meadow Circle, Palo Alto, CA 94303-4230, USA 32 2014 Yes 94303CRYST1060E 0.68
SPACE SYSTEMS / LORAL - B12 1034/1036 East Meadow Circle B12, Palo Alto, CA 943034604, USA 1 2003 N/A 94303SPCSY13413 0.75
COLLAGEN CORP 2455 Faber Place, Palo Alto, CA 94303-3316, USA 3 1990 N/A 94303CLLGN2500F 0.76
MAXAR SPACE LLC 3825 Fabian Way, Palo Alto, CA 94303-4604, USA 28 2022 Yes 94303FRDRS3825F 0.98

Integrated Compliance Information System - Air

PLANT NAME ADDRESS OPERATING STATUS DISTANCE (MILES)
CITY OF PALO ALTO LANDFILL BYXBEE PARK, Embarcadero Road, Palo Alto, CA 94303, USA OPR: Operating 0.84
PALO ALTO REGIONAL WATER QUALITY CONTROL PLANT 2501 Embarcadero Way, Palo Alto, CA 94303-3326, USA 0.89
4

Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 1 8
AE 1 0 1 2
AH 0 0 0 2
AO 0 0 0 0
VE 0 0 0 1

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.
VE Coastal 1% annual chance flood zone with wave action. BFEs shown. Insurance and management required.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
San Andreas - Peninsula Mindego Hill 0 0 1
San Andreas - Peninsula Palo Alto 0 0 2
San Andreas - Peninsula Woodside 0 0 1

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 0 0
Very high 0 0 4 2

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 0 0
Very High 0 0 0 0
5

Traffic Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
0 57 NaN 59 NaN 55 56 NaN
1 57 NaN NaN NaN 55 NaN NaN
2 58 55 NaN 58 NaN NaN 54
3 NaN NaN NaN NaN NaN 55 60
4 60 56 NaN 56 59 56 58
5 NaN NaN 60 NaN NaN NaN 56
6 NaN 52 NaN 54 55 NaN NaN
7 NaN NaN NaN NaN 51 NaN NaN
8 53 NaN NaN NaN NaN NaN NaN
9 53 NaN NaN 48 48 NaN NaN
10 NaN 53 NaN NaN NaN 50 NaN
11 NaN NaN 53 54 53 NaN NaN
12 52 NaN NaN 54 NaN NaN NaN
13 52 NaN NaN 53 52 NaN NaN
14 56 57 57 NaN NaN NaN 55
15 NaN 57 NaN NaN NaN 56 NaN
16 55 NaN 61 59 NaN NaN 59
17 60 NaN NaN NaN NaN NaN NaN
18 NaN 55 NaN NaN NaN NaN NaN
19 NaN NaN NaN NaN 54 NaN NaN
20 NaN NaN NaN 54 NaN 60 57
21 NaN 60 NaN NaN 56 NaN 58
22 NaN NaN 60 NaN 56 NaN NaN
23 NaN 53 NaN NaN NaN NaN 59
6

Airplane Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
0 1 1 1 1 1 1 1
1 1 1 1 1 1 1 2
2 1 1 1 2 1 1 1
3 1 1 1 1 1 1 1
4 1 2 1 1 0 1 1
5 1 1 1 1 1 1 1
6 2 2 2 2 2 1 1
7 3 2 2 3 2 2 2
8 5 4 5 6 6 5 4
9 7 8 10 7 12 10 10
10 9 9 12 10 13 15 14
11 11 13 14 13 15 14 15
12 9 9 12 10 9 10 9
13 8 9 9 8 10 10 10
14 6 10 8 11 11 11 11
15 9 8 10 9 11 10 10
16 7 10 10 9 10 5 12
17 8 7 8 10 7 7 6
18 6 7 6 9 5 5 5
19 5 6 7 7 6 3 5
20 4 4 3 3 4 3 3
21 3 2 3 2 2 2 3
22 2 2 2 2 1 2 2
23 1 2 1 1 2 1 1