Property Overview:
1901 Cooley Ave is a four-unit multifamily property (duplex) in East Palo Alto, CA, built in 1946. It offers a total of 4 bedrooms, 4 bathrooms, and approximately 3,000 sq. ft. of living space. The property sits on a 7,274 sq. ft. corner lot and features two garages (one with washer/dryer hookups), fireplace, cooling system, and private yards for three of the four units. The estimated home value is $1,547,000 (last sold for $1,076,500 in 2016).
Neighborhood Highlights:
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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%).
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Schools:
Nearby schools include Duveneck Elementary, East Palo Alto Academy, Frank S. Greene Junior Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1062 (above state average of 975).
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age group: 35-44 years (14.67%), followed by 25-34 years (14.04%).
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Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 87.2°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $82,787.
- Average annual spending: $59,990.
Property Features:
- Four units:
- Two oversized 1-bedroom, 1-bath units (one is townhouse style).
- Two studio units.
- Private yards for three of the four units.
- Two garages (one with washer/dryer hookups).
- Ample parking on a large corner lot.
- Modern amenities and contemporary living spaces.
- Peaceful retreat with urban convenience—walking distance to downtown Palo Alto and close to shops, restaurants, and cultural attractions.
Location Benefits:
- Prime Silicon Valley location: Easy access to downtown Palo Alto and major tech employers.
- Urban convenience combined with suburban serenity.
- Strong rental demand in an area “always on the rise.”
- Ideal for investors or those seeking a blend of city living and neighborhood charm.