Property Overview:
2112 Lincoln St is a single-family home in East Palo Alto, CA, built in 1947. It features 2 bedrooms, 1 bathroom, and 820 sq. ft. of living space. The home includes a parking garage. The estimated home value is $1,462,000. This is a bank-owned REO fixer-upper that will not qualify for conventional financing. No interior access; do not disturb occupants or trespass. Highest and best offers due by midnight June 24th.
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 Cesar Chavez Ravenswood Middle, Oxford Day Academy, Los Robles-Ronald McNair Academy, and Packard Children’s Hospital/Stanford.- Average SAT score: 1062 (546 Math, 516 English)—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: 25-34 years (14.04%); second largest: 35-44 years (14.67%).
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Natural Disaster Risk:
- Low 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:
- Fixer-upper: Bank-owned REO; no conventional financing.
- Two bonus rooms (not included in main bedroom count).
- Beautiful rose garden.
- Plenty of parking.
- No for sale sign; listing agent has not seen interior.
- Residential zoning | 2,027 Sq Ft lot | R-LD.
Location Benefits:
- Family-oriented community with a high percentage of households with children.
- Close to schools and medical facilities.
- Commuter access to major job centers in the Bay Area.
- Mild winters and warm summers.