Property Overview:
1471 Arcadia Pl is a single-family home in Palo Alto, CA, built in 1948. The home offers 3-4 bedrooms, 2-3 bathrooms, and 2,419 sq. ft. of living space on a rare, flat, almost square 10,000 sq. ft. lot. Features include a parking garage, fireplace, heating and cooling systems, solid hardwood flooring, granite counters, and new interior paint. There is also a back unit with its own entrance and kitchen, ideal for rental income.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 19.1% (higher than state average of 11.8%).
- Property crime risk: 11.7% (higher than state average of 10.8%).
-
Schools:
Nearby schools include Duveneck Elementary, Frank S. Greene Junior Middle, East Palo Alto Academy, and Palo Alto High (buyers to verify enrollment).- Average SAT score: 1062 (above state average of 975).
-
Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
-
Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age groups: 35-44 years (14.67%), 25-34 years (14.04%).
-
Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 51.2°F (January), 87.2°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0.1 inches/year.
-
Cost of Living:
- Median household income: $82,787.
- Average annual spending: $59,990.
Property Features:
- Large, flat, 10,000 sq. ft. lot with ~100 ft. frontage—ideal for rebuilding or expansion.
- Quiet cul-de-sac with only 11 homes, all on large lots.
- No through traffic; peaceful and private setting.
- Magnificent redwood tree located at the far corner, maximizing buildable area.
- Flexible floorplan: Live in as-is, remodel, rebuild, or rent out (including separate back unit).
- Proximity to top schools, Stanford University, downtown Palo Alto, and major tech companies (Meta, Google).
- Great long-term investment—ideal to hold and pass down for generations.
Location Benefits:
- Prestigious Crescent Park neighborhood—one of Palo Alto’s best.
- Excellent schools and family-friendly community.
- Easy access to Highway 101, Stanford, and major employers.
- Walkable to parks, shopping, and dining.
- Strong potential for future appreciation due to lot size, location, and neighborhood desirability.