Property Overview:
311 N California Ave is a single-family home in Palo Alto, CA 94301, built in 1947. It features 3 bedrooms, 2 bathrooms, and 1,736 sq. ft. of living space on an 8,468 sq. ft. lot. The home includes a parking garage and heating system. The estimated home value is $2,800,635.
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% (about equal to state average of 10.8%).
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Schools:
Nearby schools include Frank S. Greene Junior Middle, El Carmelo Elementary, Palo Alto High, 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:
- Expansive 8,037 sq. ft. flat lot in prestigious Old Palo Alto.
- Private setting behind a prominent institutional property, accessed via a private easement.
- Legacy of community care: Formerly operated as a daycare for a respected local non-profit.
- Unique potential for future use: Expand, reimagine, or build new.
- Close to top-rated schools, Stanford, Town & Country Village, and major tech campuses.
- Rental estimate: $4,059–$5,188/month.
Location Benefits:
- Walkable to parks: Jerry Bowden Park, Peers Park, and Sarah Wallis Park.
- Convenient to shopping: Mollie Stone’s, Country Sun Natural Foods.
- Nearby dining: Printers Cafe, Starbucks, Beet Cafe, Kirk’s Steakburgers, RawDaddy’s Fun Cone Food.
- Family-friendly community with strong growth and excellent schools.
- Rare opportunity in a prime Palo Alto location with unmatched potential.