Property Overview:
1341 Drake Ave is a single-family home in Burlingame, CA, built in 1924. It features 2 bedrooms, 1 bathroom, and 1,180 sq. ft. of living space on a 6,000 sq. ft. lot. The home includes a detached garage converted into an office/workshop and a central heating system. The estimated home value is $2,250,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.8% (lower than state average of 11.8%).
- Property crime risk: 6.2% (lower than state average of 10.8%).
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Schools:
Nearby schools include Roosevelt Elementary, Burlingame Intermediate, and Burlingame High School.- Average SAT score: 1071 (higher than state average of 975).
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Job Market:
- 73.2% white-collar jobs, 26.9% blue-collar jobs.
- Unemployment rate: 1.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,645 (16% growth since 2000).
- 62% families with children.
- Largest age group: 45-54 years (16.79%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.5°F (January), 64.4°F (July).
- Average rainfall: 18.8 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $131,441.
- Average annual spending: $79,704.
Property Features:
- Charming 1924 home with endless potential for renovation or expansion.
- Detached garage converted into a versatile office/workshop, ideal for ADU conversion.
- Income property: Well-maintained and perfect for contractors or first-time homebuyers.
- Lot size: 6,000 sq. ft., offering space for customization or a complete rebuild.
Location Benefits:
- Situated in the desirable Easton Addition neighborhood, one of Burlingame’s premier areas.
- Close to top-rated schools, shopping, dining, and parks.
- Ideal for family living, investment opportunities, or creating your dream home.