Property Overview:
1148 5th Ave is a historic single-family home in Redwood City, CA, built in 1936 by Harry Friend, developer of the Friendly Acres neighborhood. The property features a split-level Spanish style main home with 4 bedrooms, 3.5 bathrooms, and a 1BD/1BA ADU (Accessory Dwelling Unit), totaling 3,135 sq. ft. of living space on a 9,000 sq. ft. corner lot. Amenities include a 2-car garage, cathedral ceilings, original inlay parquet hardwood floors, and landscaped grounds. The estimated home value is $1,794,000–$2,099,998.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.2% (lower than state average of 11.8%).
- Property crime risk: 5.9% (lower than state average of 10.8%).
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Schools:
Nearby schools include Taft Elementary, Summit Preparatory Charter High, and North Star Academy.- Average SAT score: 1069 (higher than state average of 975).
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Job Market:
- 61.9% blue-collar jobs, 38.1% white-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 34,614 (12% growth since 2000).
- 66% families with children.
- Largest age group: 25–34 years (19.06%); second largest: 35–44 years (15.77%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 84.3°F (July).
- Average rainfall: 19.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $48,639.
- Average annual spending: $42,138.
Property Features:
- Historic Spanish-style architecture with cathedral ceilings and ribbon inlay parquet hardwood floors.
- Split-level layout for privacy and flexible living.
- 1BD/1BA ADU and potential for multi-generational living or rental income.
- Bonus reading room in the upper tower.
- Landscaped grounds and patio area.
- 2-car garage and additional parking.
- Home, pest, and roof inspections on file.
- Close proximity to the new Stanford campus.
Location Benefits:
- Highly private corner lot in the Friendly Acres neighborhood.
- Flexible use: Single estate, multi-generational compound, or income property.
- Convenient access to local amenities, schools, and major employers.
- Historic charm with modern enhancements—ideal for renovation and development.