Property Overview:
1449 University Ave is a single-family home in Palo Alto, CA, built in 1925. This classic Tudor-style residence offers 5 bedrooms, 3.5 bathrooms, and approximately 3,851 sq. ft. of meticulously remodeled living space. The home features a parking garage, two fireplaces, heating and cooling systems, and sits on over 1/4-acre in the prestigious Crescent Park neighborhood.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (well below state average of 11.8%).
- Property crime risk: 10.7% (slightly below state average of 10.8%).
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Schools:
Nearby schools include Addison Elementary, East Palo Alto Academy, Cesar Chavez Ravenswood Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (626 Math, 595 English)—significantly higher than 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% (much 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:
- Classic Tudor architecture with original details and modern renovations (remodeled in 2017).
- Expansive living areas with luxurious materials and high-end finishes.
- Chef’s kitchen anchored by a spectacular Lacanche range and abundant refrigerator space.
- Two fireplaces for cozy gatherings.
- Detached garage and basement for extra storage or hobby space.
- Sprawling, private grounds with mature trees—ideal for entertaining and relaxation.
- Set back from the street for added privacy and tranquility.
Location Benefits:
- Prime Crescent Park location—moments from downtown Palo Alto, Stanford University, and Sand Hill Road.
- Easy access to major commute routes and public transportation.
- Top-ranked schools in the area (buyer to verify eligibility).
- Family-friendly community with a blend of historic charm and modern convenience.