Property Overview:
1062 College Ave is a single-family home in Palo Alto, CA, built in 1950. It features 2 bedrooms, 1 bathroom, and 750 sq. ft. of living space. The home includes a parking garage, fireplace, cooling system, and a spacious backyard. The estimated home value is $1,642,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.9% (lower than state average of 11.8%).
- Property crime risk: 5.3% (lower than state average of 10.8%).
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Schools:
Nearby schools include Escondido Elementary, Palo Alto High, Frank S. Greene Jr. Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (higher than state average of 975).
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Job Market:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 2.2% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,332 (18% growth since 2000).
- 56% families with children.
- Largest age group: 45-54 years (16.92%); second largest: 35-44 years (14.54%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.8°F (January), 89.0°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $93,826.
- Average annual spending: $66,240.
Property Features:
- Fully remodeled and open-concept studio layout.
- Large windows for natural light.
- Fireplace and in-unit laundry.
- Spacious backyard—ideal for creating a personal oasis.
- Parking garage included.
- Cooling system for comfort.
Rental Information:
- Rent: $2,600/month (security deposit equal to rent; prices subject to change).
- Application requirements:
- Income and employment verification
- Background and credit check
- Move-in: Looking for residents available to move in within 10-15 days of application approval.
- Rental insurance required.
- Tours available: Mon-Fri, 8:30 am – 4:30 pm.
- Contact: 650.321.0440 or propertymanager@levettproperties.com
- Apply: www.levettproperties.online
Location Benefits:
- Prime College Terrace neighborhood—walking distance to Stanford University, Palo Alto shops, and Stanford Shopping Mall.
- Family-friendly community with excellent schools and amenities.
- Convenient access to local attractions and employment centers.