Property Overview:
163 Iris St is a single-family home in the Mount Carmel neighborhood of Redwood City, CA, built in 1922. It features 3 bedrooms, 2 bathrooms, and 1,420 sq. ft. of living space. The home includes a parking garage and central heating system. The estimated home value is $1,948,000.
Neighborhood Highlights:
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Population & Demographics:
- Community population: 24,170 (9% growth since 2000)
- 70% families with children
- Largest age group: 45-54 years (18.86%)
- Second-largest: 35-44 years (13.96%)
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%)
- Property crime risk: 7.5% (lower than state average of 10.8%)
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Schools:
- Nearby schools: Sequoia High, McKinley Institute of Technology, Orion Alternative
- Average SAT score: 1003 (higher than state average of 975)
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Job Market:
- 72.1% white-collar jobs, 27.9% blue-collar jobs
- Unemployment rate: 1.8% (lower than state average of 4.7%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 51.5°F (January), 81.4°F (July)
- Average rainfall: 18.1 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $154,136
- Average annual spending: $87,712
Property Features:
- Vintage 1922 bungalow with charming character and original details
- Cozy living room with wood-burning fireplace
- Kitchen with a sense of nostalgia
- Detached garage with ADU conversion potential
- 6,500 sq. ft. lot offering room for renovation, expansion, or new construction
- Central heating system
- Prime opportunity for restoration or redevelopment
Location Benefits:
- Heart of Mount Carmel—a highly sought-after neighborhood
- Well-connected to Highways 280 & 101 and Caltrain Station for easy commuting
- Excellent schools nearby
- Short distance to downtown Redwood City with restaurants, shopping, and coffee houses
- Family-friendly community with a strong sense of neighborhood