Property Overview:
365 Hawthorne Ave is a single-family home in Palo Alto, CA, built in 1905. It features 3 bedrooms, 3 bathrooms, and 2,254 sq. ft. of living space. The home includes a parking garage. The estimated home value is $3,368,000. This is the first time the home has ever been on the market. The property sits on an approx. 7,500 sq. ft. lot (zoned RM 15) and is not in the flood zone. There is potential for remodeling or new construction (rules allow for a large home with cottage, or 2 homes).
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% (lower than state average of 10.8%).
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Schools:
Nearby schools include Addison Elementary, Palo Alto High, Frank S. Greene Junior 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:
- Original charm with 2 bedrooms, 1 bath, and office/bonus room (per listing details).
- First time on the market since being built in 1905.
- Large 7,500 sq. ft. lot with RM 15 zoning (potential for expansion or new construction).
- Walking distance to the heart of Palo Alto.
- Parking garage included.
Location Benefits:
- Highly desirable Palo Alto location with top-rated schools.
- Family-friendly community with strong income and education levels.
- Safe neighborhood with low crime rates.
- Excellent job market and commuter access.
- Potential for remodel or new build in a growing, vibrant area.