Property Overview:
518 Everett Ave, Apt D is a condominium unit in downtown Palo Alto, CA, built in 1962. It features 2 bedrooms, 2 bathrooms, and 1,056 sq. ft. of living space. The home includes a parking garage, assigned carport, heating system, and extra storage. The estimated home value is $1,382,000.
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 Jr. Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (626 Math, 595 English)—well above state average of 975.
- Top-rated Palo Alto Unified School District.
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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:
- Updated top-floor condo with Mid-Century vibe.
- Remodeled kitchen: Granite countertops, shaker-style cabinets, stainless steel appliances.
- Updated bathrooms and new flooring/carpet.
- Charming dining area adjacent to the living room.
- Large private balcony with retractable awning.
- Spacious bedrooms with generous closet space.
- Owner’s suite with private bathroom.
- Small, private community with tranquil courtyard pool.
- Off-street parking, assigned carport, and extra storage.
Location Benefits:
- Prime downtown Palo Alto location—just 1.5 blocks from University Ave shops and restaurants.
- Close to Johnson Park, Stanford University, and Stanford Shopping Center.
- Top-rated schools and family-friendly community.
- Ideal for urban living with easy access to amenities and transportation.