Property Overview:
360 Everett Ave Unit 5B is a condominium in Downtown North, Palo Alto, CA 94301, built in 1961. It features 2 bedrooms, 2 bathrooms, and approximately 1,762 sq. ft. of living space. The property includes a parking garage, fireplace, heating and cooling systems, and a large, covered wrap-around deck. The most recent sale was for $1,690,000 (11/20/2020), with recent list prices ranging from $1,890,000 to $1,995,000. The current estimated home value is around $2,212,000.
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% (about equal to state average of 10.8%)
- Overall crime risk: Low
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Schools:
- Nearby schools: Addison Elementary, Palo Alto High, David Starr Jordan Middle, Castilleja School, Altschool Palo Alto
- 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:
- Very high earthquake risk
- Moderate to low flood risk
- Very low tornado 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:
- 5th floor, single-level condo with expansive views of tree tops, western hills, and city skyline
- Fully remodeled with updated kitchen and bathrooms
- Chic, contemporary interior renovations
- Open floorplan with spacious rooms and generous storage
- Large, covered wrap-around deck for outdoor living
- Secure underground parking with extra storage
- Beautiful grounds with swimming pool
- Approx. 1,762–1,771 sq. ft. of living space
- 2 blocks to University Avenue shopping, dining, and entertainment
Location Benefits:
- Heart of downtown Palo Alto—walkable to shops, restaurants, parks (Cogswell Plaza, Johnson Park, Lytton Plaza)
- Nearby grocery stores: Frans Market, Whole Foods, The Willow’s Market
- Nearby coffee shops: 7-Eleven, Starbucks, DAVIDsTEA
- Nearby restaurants: Kanpai, Janta Indian Cuisine, John’s Cafe
- Excellent schools and family-friendly community
- Commuter-friendly with easy access to public transportation and major highways
- Low crime, high income, and strong job market make this a highly desirable location