Property Overview:
2782 Fordham St is a single-family home in East Palo Alto, CA, built in 1953. It features 3 bedrooms, 1 bathroom, and 970 sq. ft. of living space. The home includes a parking garage and sits on an approximately 5,000 sq. ft. lot. The estimated home value is $1,039,000. This is an AS-IS REO property.
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 Costano Elementary, Cesar Chavez Ravenswood Middle, and KIPP Esperanza High.- 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 above 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:
- 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:
- Built in 1953 with 3 bedrooms and 1 bathroom.
- 970 sq. ft. of living space on a 5,000 sq. ft. lot.
- Includes a parking garage.
- AS-IS REO property—buyers should verify all records.
Location Benefits:
- Great opportunity in a growing community.
- Family-oriented neighborhood with a high percentage of households with children.
- Convenient access to local schools and job opportunities.
- Commuter-friendly location in the Bay Area.