Property Overview:
475 Larkspur Dr is a single-family residence located in East Palo Alto, CA 94303, built in 1954. The home features 3 bedrooms, 1 bathroom, and approximately 1,020 sq. ft. of living space on a large 7,665 sq. ft. lot. The property includes a 2-car garage, two patios, and a landscaped yard. The home last sold for $948,000 on 11/12/2019; the estimated current value is $1,204,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19.1% (higher than state average of 11.8%)
- Property crime risk: 11.7% (higher than state average of 10.8%)
- 3 criminal and sex offenders reside within 1 mile
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Schools:
- Nearby schools: Ronald McNair Academy, Brentwood Academy, Carlmont High, KIPP Valiant Community Prep, East Palo Alto Academy, Cesar Chavez Ravenswood Middle
- Average SAT score: 1062 (higher than state average of 975)
- Tinsley Program offers lottery access to top Palo Alto schools
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%)
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Demographics:
- Community population: 41,564 (4% growth since 2000)
- 69% families with children
- Largest age groups: 25-34 years (14.04%), 35-44 years (14.67%)
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Natural Disaster Risk:
- Very high earthquake risk
- High flood risk
- Very low tornado risk
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Weather:
- Average temperature: 51.2°F (January), 87.2°F (July)
- Average rainfall: 18.3 inches/year
- Average snowfall: 0.1 inches/year
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Cost of Living:
- Median household income: $82,787
- Average annual spending: $59,990
Property Features:
- Move-in ready with many updates throughout
- Remodeled kitchen: Stainless steel appliances, granite countertops, separate wet bar, plenty of cabinets
- Bathrooms: Recently remodeled with high-end fixtures
- Refinished dark hardwood floors
- Newer electrical system, plumbing, and water heater
- Large landscaped lot with expansive yard—ideal for entertaining or family gatherings
- Two patios (side and back), beautiful picket fence
- Natural lighting and easy-flowing floor plan with large living room and dining area
- Potential for ADU (Accessory Dwelling Unit) for extended family or rental income
- Parking: 2-car garage
- Roof and bathroom remodeled within the past 6 months
Location Benefits:
- Central location: Minutes to Downtown Palo Alto, Facebook, Amazon, Stanford, and major tech employers
- Easy access to Caltrain, Dumbarton Bridge, and Union City BART
- Close to shopping centers, restaurants, and outdoor recreation (Bay Trail two blocks away)
- Family-friendly community with access to good schools and recreation
- Great for first-time buyers or investors seeking income property potential