Property Overview:
112 Grace Ave is a single-family home in East Palo Alto, CA, built in 1954. It features 3 bedrooms, 1 bathroom, and 1,020 sq. ft. of living space. The home includes a parking garage. The estimated home value is $909,200.
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, Costano Elementary, and KIPP Esperanza High.- Average SAT score: 1062 (546 Math, 516 English)—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:
- Original hardwood floors and abundant natural light throughout.
- Kitchen and bathrooms need updating—great potential for customization.
- Spacious backyard: Ideal for outdoor entertaining, gardening, or adding a patio area.
- Diamond in the rough: Perfect for investors, DIY enthusiasts, or buyers seeking a project.
Location Benefits:
- Conveniently located near major employers (Meta Facebook, Amazon), schools, parks, and public transportation.
- Situated in a thriving community with strong family presence and growth potential.
- High earthquake risk but low flood and tornado risk.
- Excellent investment opportunity in a sought-after neighborhood.