Property Overview:
435 Homer Ave is a condominium unit in Palo Alto, CA, built in 1981. It features 3 bedrooms, 2.5 bathrooms, and 1,530 sq. ft. of living space. The home includes a parking garage, 2 secure parking spaces, and a heating system. The estimated home value is $1,896,000.
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% (slightly 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 (626 Math, 595 English)—well above the 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:
- Large, light-filled, bright end-unit townhome in a gated community with private street-level entry.
- Formal entry, 9 ft ceilings, crown moldings, and recessed lighting.
- Remodeled kitchen with new floors, center island, and breakfast nook with oversized skylight.
- French doors open to a lush courtyard and private patio—ideal for entertaining or relaxing.
- Formal dining room and bright eat-in kitchen.
- Remodeled bathrooms, fresh paint, and updated finishes throughout.
- Easy attic storage, garage storage closet, and professionally managed building.
- 2 secure, dedicated parking spaces.
- Landscaped common area/courtyard with evening illumination.
- Secure building with easy guest parking.
Location Benefits:
- Prime downtown Palo Alto location—walk to farmers market, Whole Foods, parks, restaurants, Stanford University, biking trails, and Caltrain.
- Excellent Palo Alto schools.
- Rarely available as a primary home or pied-à-terre.
- Vibrant, family-friendly community with strong growth and amenities.
- No show til tour; sellers may need short rentback.