Property Overview:
314 Grant Ave is a condominium unit in Palo Alto, CA, built in 1983. It features 2 bedrooms, 1 bathroom, and 928 sq. ft. of living space. The home includes a parking garage and a heating system. The estimated home value is $1,025,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.9% (lower than state average of 11.8%).
- Property crime risk: 5.3% (lower than state average of 10.8%).
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Schools:
Nearby schools include El Carmelo Elementary, Frank S. Greene Jr. Middle, 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:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 2.2% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,332 (18% growth since 2000).
- 56% families with children.
- Largest age group: 45-54 years (16.92%); second largest: 35-44 years (14.54%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.8°F (January), 89.0°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $93,826.
- Average annual spending: $66,240.
Property Features:
- Beautifully remodeled second-floor condominium with modern updates.
- Abundant natural light, new flooring, and updated light fixtures.
- Kitchen: New sleek cabinetry, stainless-steel appliances, and stone countertops.
- Open floor plan with living/dining area opening to a private balcony.
- Bathroom: Limestone surfaces and glass-enclosed shower.
- In-unit washer and dryer.
- Enclosed outdoor storage.
- Elevator access within the building.
- Secure underground garage with one designated space, guest parking, and bicycle storage.
Location Benefits:
- Central location: Blocks from California Avenue business district with shopping and dining.
- Close to top-rated Palo Alto public schools, Stanford University, and major commuter routes.
- Easy access to CalTrain station, El Camino Real, and Page Mill Road.
- Excellent base for exploring Palo Alto and the Bay Area.