Property Overview:
451 Madison Ave is a multi-family home in Redwood City, CA 94061, built in 1962. It features 5 bedrooms, 4 bathrooms, and 2,781 sq. ft. of living space on a 5,200 sq. ft. lot. The property includes a parking garage. The estimated home value is $1,501,103.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 6.1% (lower than state average of 11.8%).
- Property crime risk: 8.4% (lower than state average of 10.8%).
-
Schools:
Nearby schools include McKinley Institute of Technology, North Star Academy, and Redeemer Lutheran School.- Average SAT score: 1069 (551 Math, 518 English)—above state average of 975.
-
Job Market:
- 62.3% white-collar jobs, 37.7% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
-
Demographics:
- Community population: 35,340 (3% growth since 2000).
- 64% families with children.
- Largest age group: 35-44 years (15.98%), followed by 25-34 years (15.44%).
-
Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 52.0°F (January), 83.5°F (July).
- Average rainfall: 18.4 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $74,862.
- Average annual spending: $56,499.
Property Features:
- Multi-family home with 5 bedrooms and 4 bathrooms.
- 2,781 sq. ft. of living space on a 5,200 sq. ft. lot.
- Parking garage included.
- Built in 1962.
Location Benefits:
- Convenient access to grocery stores (Vera Cash Market, Whole Foods, Mi Rancho Supermarket), coffee shops (Teaquation, Starbucks, Teatime), and restaurants (Taqueria El Grullens, Papa John’s Pizza, Togo’s).
- Close to parks: Hawes Park, Red Morton Community Park, Jardin de Ninos Park.
- Family-friendly community with strong school options and low crime rates.
- Commuter-friendly location with access to local amenities and public transportation.