Property Overview:
1337 Pitman Ave is a single-family home in Palo Alto, CA 94301, built in 1940. It features 4 bedrooms, 4 bathrooms, and 3,600 sq. ft. of living space on a 0.46-acre lot. The home includes a parking garage, fireplaces, heating and cooling systems, and an attic. The estimated home value is $5,848,121.
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% (about equal to state average of 10.8%).
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Schools:
Nearby schools include Addison Elementary, East Palo Alto Academy, 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:
- 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:
- High 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:
- Rare opportunity to own one of the largest parcels in prime Crescent Park.
- Expansive single-level layout centered around a wide gallery with French doors for seamless indoor-outdoor living.
- Updated interiors with spacious formal gathering rooms, light-filled family room, and a catering-grade kitchen.
- Office/fifth bedroom for flexible use.
- Three generously sized bedrooms (including a primary suite) in a tranquil wing.
- Outdoor amenities: Mature landscaping, bocce ball court, pool with wet bar.
- Dual fireplaces and a whole-house attic (ideal for expansion).
- Exceptional convenience to downtown Palo Alto and outstanding schools.
Location Benefits:
- Prestigious Crescent Park neighborhood in Silicon Valley.
- Private oasis with nearly 0.5-acre grounds.
- Close to parks (Eleanor Pardee Park, Rinconada Park, Bowling Green Park), grocery stores (La Hacienda Market, One Stop Supermarket, Cardenas Markets), coffee shops (Poolside Cafe, Cafe Zoe, Starbucks), and restaurants (La Tiendita, Quattro Restaurant and Bar).
- Tranquil setting with central access to amenities and top-rated schools.