Property Overview:
1568 Mariposa Ave is a single-family home in Palo Alto, CA, built in 2011 and heavily renovated the same year. The home offers 4 bedrooms, 3.5–4 bathrooms, and 2,335–2,500 sq. ft. of living space. Features include oak hardwood floors, high baseboards, picture-molding, divided-light windows and doors, built-in shelving and cabinetry, a parking garage, fireplace, forced air heating, and cooling system. The home is fully furnished and available for rent at $10,500–$11,500/month with an equal security deposit. Rental periods range from 8 to 12 months, starting August 1st, 2024 or January 1st, 2025.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 3.9% (lower than state average of 11.8%).
- Property crime risk: 5.3% (lower than state average of 10.8%).
-
Schools:
Served by the award-winning Palo Alto Unified School District.
Nearby schools: Palo Alto High, Walter Hays Elementary, Frank S. Greene Jr. Middle, Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (higher than state average of 975).
-
Job Market:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 2.2% (lower than state average of 4.7%).
-
Demographics:
- Community population: 22,332 (18% growth since 2000).
- 56% families with children.
- Largest age group: 45–54 years (16.92%); second largest: 35–44 years (14.54%).
-
Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 51.8°F (January), 89.0°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0.1 inches/year.
-
Cost of Living:
- Median household income: $93,826.
- Average annual spending: $66,240.
Property Features:
- Mediterranean-style oasis epitomizing indoor/outdoor California living.
- Spacious, light-filled eat-in kitchen with center island, separate seating area, and views to rear and side yards.
- Powerful gas range for gourmet cooking.
- Separate living room and family room—ideal for entertaining or relaxing.
- Second-floor primary suite with private balcony; can be used as an office, bedroom, or nursery.
- Spacious backyard: hot tub, intimate lighting, perfect for evening gatherings.
- Fully furnished for immediate move-in.
- Parking garage and modern amenities.
Location Benefits:
- Prime Palo Alto location: Short walk to Downtown Palo Alto and California Avenue (shops, restaurants, entertainment).
- Close to major tech companies, excellent schools, parks, and public transportation.
- Commuter-friendly and perfect for family living and entertaining.
- Showings by appointment only.