515 Oak Avenue, Redwood City, CA 94061-2216, USA

Property CA
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Property Overview:

515 Oak Ave is a single-family home in Redwood City, CA, built in 1924. It features 2 bedrooms, 1 bathroom, and 950 sq. ft. of living space, plus a parking garage. The estimated home value is $1,236,000. The property sits on an almost 9,000 sq. ft. lot with potential for redevelopment or expansion.

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 North Star Academy, Orion Alternative, and Sequoia High.

    • 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: 25-34 years (15.44%); second largest: 35-44 years (15.98%)

  • 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:

  • Investor/Developer Opportunity:

    • Large ~9,000 sq. ft. lot zoned for multi-family (R-4) or custom home build
    • Front house: Over 1,100 sq. ft. of living space, can be occupied, updated, or expanded
    • Potential to add bed/bath within existing envelope
    • Tenant occupied: Tenant may request up to 60-day rentback if needed

  • Location Perks:

    • Easy access to Highways 101/280
    • Close to downtown Redwood City: entertainment, restaurants, music, movies, coffee shops, and parks
    • Near Red Morton Park, Whole Foods, Safeway, and Rite Aid

  • Community Transformation:

    • Area experiencing increased property values and ongoing development
    • Strong rental and redevelopment potential

Location Benefits:

  • Commuter-friendly: Quick access to major highways and public transit
  • Vibrant downtown with diverse amenities and entertainment
  • Family-oriented community with quality schools and parks nearby
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Price and Status History

date type price
2023-09-11 Off Market NaN
2024-02-21 Pending 1495000.0
2024-03-07 Pending NaN
2024-04-05 Pending NaN
2024-04-11 Sold 1468000.0
2024-04-19 Sold 1484063.5
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Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
PRICE COMPANY 2110 Middlefield Road, Redwood City, CA 94063-2800, USA N N NF 0 CAD981430507 0.68
REDWOOD FOOD PACKING CO 2200 Middlefield Road, Redwood City, CA 94063-2853, USA N N NF 0 CAD980674105 0.75
DUOLITE INTERNATIONAL 800 Chestnut Street, Redwood City, CA 94063, USA N N DR 0 CAD990792335 0.90

Toxic Release Inventory

FACILITY NAME ADDRESS TOTAL FORMS LAST FORM YEAR RISK SCREENING FACILITY ID DISTANCE (MILES)
ACTERON CORP 851 Shasta Street, Redwood City, CA 94063-2126, USA 2 1988 N/A 94063CTRNC851SH 0.52

Integrated Compliance Information System - Air

PLANT NAME ADDRESS OPERATING STATUS DISTANCE (MILES)
TOWNE FORD 1691 El Camino Real, Redwood City, CA 94063, USA OPR: Operating 0.41
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Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 0 1
AE 0 0 0 1
AH 0 0 0 0
AO 0 0 0 0
VE 0 0 0 0

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.
VE Coastal 1% annual chance flood zone with wave action. BFEs shown. Insurance and management required.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
San Andreas - Peninsula Mindego Hill 0 0 1
San Andreas - Peninsula Palo Alto 0 0 2
San Andreas - Peninsula San Mateo 0 0 1
San Andreas - Peninsula Woodside 0 0 1

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 0 0
Very high 0 0 1 6

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 0 0
Very High 0 0 0 5
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Traffic Noise by Hour x Weekday

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Airplane Noise by Hour x Weekday

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