Property Overview:
425 Grant Ave, Apt 32 is an updated single-level condominium in Palo Alto, CA, built in 1962. It features 3 bedrooms, 2 bathrooms, and 1,362 sq. ft. of living space. The home includes a private balcony, parking garage, and heating system. The estimated home value is $1,414,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.9% (well below state average of 11.8%).
- Property crime risk: 5.3% (lower than state average of 10.8%).
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Schools:
Top nearby schools include Escondido Elementary, Greene Middle School, and Palo Alto High School (buyer to verify enrollment).- Average SAT score: 1221 (well above 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:
- Updated 3-bedroom, 2-bath single-level condo with private balcony.
- Abundant natural light with views of the community pool and local park.
- Complex amenities:
- Assigned covered parking space
- Storage unit
- Elevator
- Community pool & BBQ area
- In-unit laundry hookups
- Walkability score: 95/100 – blocks from California Avenue Shopping District, restaurants, shops, and Sunday Farmers Market.
- Close to: Stanford University, Caltrain, and major commute routes.
Location Benefits:
- Prime location near shopping, dining, and public transportation.
- Family-friendly community with top-rated schools.
- Excellent for commuters and those seeking an active, walkable lifestyle.