Property Overview:
1334 Norman St is a duplex in Redwood City, CA, built in 1975. The property offers a total of 5 bedrooms, 4 bathrooms, and 3,090 sq. ft. of living space. It features a parking garage, fireplaces, cooling system, and has been recently remodeled. The estimated home value is $2,095,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 6.1% (lower than state average of 11.8%)
- Property crime risk: 8.4% (lower than state average of 10.8%)
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Schools:
Nearby schools include Orion Alternative, North Star Academy, and Sequoia High.- Average SAT score: 1069 (higher than state average of 975)
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Job Market:
- 62.3% white-collar jobs, 37.7% blue-collar jobs
- Unemployment rate: 2.5% (lower than state average of 4.7%)
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Demographics:
- Community population: 35,340 (3% growth since 2000)
- 64% families with children
- Largest age groups: 35-44 years (15.98%), 25-34 years (15.44%)
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 52.0°F (January), 83.5°F (July)
- Average rainfall: 18.4 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $74,862
- Average annual spending: $56,499
Property Features:
- Outstanding west side duplex on a quiet cul-de-sac
- Two units:
- 1336 Norman St: 2-story, 3BR/2.5BA (updated; rent $3,200/mo)
- 1334 Norman St: Large 2BR/1BA (completely redone; rent $3,000/mo)
- Both units feature:
- Fireplaces
- Private yards (side, back, and side yard areas)
- Separate washer/dryer
- Large carport (total of 5 carports)
- Recent remodels
- Great tenants in place for easy, passive income
- Ideal for 1031 Exchange
Location Benefits:
- Family-friendly community with a high percentage of families with children
- Safe neighborhood with crime rates below state averages
- Strong job market and low unemployment
- Top-rated schools nearby
- Convenient access to local amenities and transportation
- No-hassle investment with stable rental income