Property Overview:
631 Channing Ave, #3 is a townhome/condominium in Prime Downtown Palo Alto, CA, built in 1979. It features 2 bedrooms, 1.5 bathrooms, a bonus room/office space, and 1,114 sq. ft. of living space. The home includes a parking garage, wood-burning fireplace, heating and cooling systems, and a large private patio. The estimated home value is $1,775,000 (last sold for $1,150,000 in 2014).
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 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:
- 2 bedrooms, 1.5 bathrooms, plus bonus room/office.
- Spa-like upstairs bath with abundant natural light.
- Living room with wood-burning fireplace, built-in cabinets, and view of large private patio.
- Parking garage, heating and cooling systems.
- 1,114 sq. ft. of living space.
- Built in 1979.
Location Benefits:
- Prime Downtown Palo Alto location—three blocks to University Avenue.
- Walking distance to Stanford Shopping Center, Stanford University, and Caltrain.
- Vibrant, family-friendly community with excellent schools and amenities.
- Ideal for professionals, families, and commuters seeking a central, walkable neighborhood.