Property Overview:
1413 Magnolia Ave is a duplex in San Carlos, CA, built in 1937. It features 4 bedrooms, 2 bathrooms, and 3,592 sq. ft. of living space. The property includes a parking garage and is currently valued at approximately $2,564,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.3% (significantly lower than state average of 11.8%).
- Property crime risk: 4.5% (lower than state average of 10.8%).
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Schools:
Nearby schools include Central Middle, Arroyo, Carlmont High, and San Mateo County Special Education.- Average SAT score: 1039 (534 Math, 505 English)—above the state average of 975.
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Job Market:
- 71.4% white-collar jobs, 28.6% blue-collar jobs.
- Unemployment rate: 1.8% (well below state average of 4.7%).
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Demographics:
- Community population: 28,104 (13% growth since 2000).
- 68% families with children.
- Largest age group: 45-54 years (17.6%), followed by 35-44 years (17.2%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 52.1°F (January), 76.8°F (July).
- Average rainfall: 20.3 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $100,859.
- Average annual spending: $69,772.
Property Features:
- Cute & well maintained duplex in a prime San Carlos location.
- Investment opportunity: Rent both units, or live in one and rent the other.
- Each unit:
- 2 bedrooms, 1 bathroom.
- Private backyard.
- 2-car tandem garage with abundant storage.
- Walking distance to downtown San Carlos.
- Easy access to 101, El Camino Real, Caltrain, shopping, and dining.
- Multifamily zoning (RM-100).
- 2,443 sq. ft. (per multifamily listing).
Location Benefits:
- Highly walkable to downtown amenities.
- Commuter-friendly: Close to major highways and public transit.
- Family-oriented community with excellent schools and low crime.
- Strong job market and high quality of life.