Property Overview:
121 Santa Rita Ave is a single-family home in Palo Alto, CA, built in 1940. It features 2 bedrooms, 1 bathroom, and 1,085 sq. ft. of living space. The home includes a parking garage and a heating system. The estimated home value is $2,954,000. The property is being sold AS IS and is considered land value.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%).
- Property crime risk: 10.7% (slightly lower than state average of 10.8%).
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Schools:
Nearby schools include Frank S. Greene Junior Middle, Palo Alto High, Walter Hays Elementary, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (626 Math, 595 English)—well above the state average of 975.
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,402 (17% growth since 2000).
- 50% families with children.
- Largest age group: 45-54 years (15.56%); second largest: 25-34 years (13.36%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.7°F (January), 87.6°F (July).
- Average rainfall: 17.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $132,129.
- Average annual spending: $83,423.
Property Features:
- 2 bedrooms, 1 bathroom.
- 1,085 sq. ft. of living space.
- Parking garage and heating system.
- Located on one of Old Palo Alto’s best streets.
- Land value—sold AS IS.
Location Benefits:
- Highly rated schools and family-friendly community.
- Low crime rates and strong job market.
- Desirable Old Palo Alto location with historic charm.
- Convenient access to local amenities, parks, and Stanford University.