Property Overview:
2590 Emerson St is a single-family home in Palo Alto, CA, built in 1951. It features 2 bedrooms, 1 bathroom, and 1,049 sq. ft. of living space on an expansive 8,000+ sq. ft. lot. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $2,059,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%).
- Property crime risk: 10.7% (slightly lower than state average of 10.8%).
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Schools:
Nearby schools include Palo Alto High, Addison Elementary, Frank S. Greene Jr. Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (higher than state average of 975).
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,402 (17% growth since 2000).
- 50% families with children.
- Largest age group: 45-54 years (15.56%); second largest: 25-34 years (13.36%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.7°F (January), 87.6°F (July).
- Average rainfall: 17.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $132,129.
- Average annual spending: $83,423.
Property Features:
- Charming 1951 bungalow with endless potential for renovation, expansion, or a new custom build.
- Large 8,000+ sq. ft. lot offers flexibility for future development.
- Minutes from downtown Palo Alto, Stanford University, top tech campuses, and Caltrain.
- Probate sale: Home must be listed on the MLS for 30 days before reviewing offers.
Location Benefits:
- Prime Palo Alto neighborhood with access to award-winning schools, beautiful parks, and a vibrant community.
- Convenient commute to major employers and public transit.
- Ideal for families, professionals, or investors seeking a unique opportunity in the heart of Silicon Valley.