Property Overview:
229 Bancroft Rd is a single-family home in Burlingame, CA, built in 1912. It features 2 bedrooms, 2 bathrooms, and 1,550 sq. ft. of living space. The property is currently a non-conforming duplex with two separate units (1 bedroom, 1 bathroom each) on a 5,750 sq. ft. lot. The estimated home value is $1,828,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.8% (lower than state average of 11.8%).
- Property crime risk: 6.2% (lower than state average of 10.8%).
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Schools:
Nearby schools include Washington Elementary, Burlingame High, and Crocker Middle.- Average SAT score: 1071 (higher than state average of 975).
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Job Market:
- 73.2% white-collar jobs, 26.9% blue-collar jobs.
- Unemployment rate: 1.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,645 (16% growth since 2000).
- 62% families with children.
- Largest age group: 45-54 years (16.79%), followed by 35-44 years (15.31%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.5°F (January), 64.4°F (July).
- Average rainfall: 18.8 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $131,441.
- Average annual spending: $79,704.
Property Features:
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Front Unit (229):
- Updated bathroom with designer touches.
- Arched walkways, dark-stained wood floors, and dual-pane windows.
- Stackable washer/dryer in the kitchen.
- Gas oven range, dishwasher, and stainless steel fridge.
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Back Unit (227):
- Original parquet-style floors and textured walls.
- Large living/dining space with a bonus room off the kitchen.
- Exclusive use of the garage and a washer/dryer in the back shed.
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Additional Features:
- Sewer lateral compliance and new storm drain/sump pump completed with permits.
- Non-conforming duplex: If removed, the city will not allow a new duplex.
Location Benefits:
- Located near Burlingame Avenue, offering a charming neighborhood feel.
- Flexible living options: Live in one unit and rent the other, or convert back to a single-family home.
- Ideal for families or investors.