Property Overview:
735 Middlefield Rd is a multi-family (duplex) home in Palo Alto, CA 94301, built in 1924. The property offers 2,498 sq. ft. of living space on a 7,500 sq. ft. lot. It consists of two attached homes:
- Front home: 1-story, 2 bedrooms, 2 bathrooms
- Attached home: 2-story, 2 bedrooms, 1.5 bathrooms
Features include parking garage, fireplace, cooling system, individual utility meters, and private entries.
Estimated home value: $1,829,000 – $2,321,767.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than CA average of 11.8%)
- Property crime risk: 10.7% (slightly lower than CA average of 10.8%)
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Schools:
- Nearby: Addison Elementary, Palo Alto High, Frank S. Greene Jr. Middle, Packard Children’s Hospital/Stanford
- Average SAT score: 1221 (higher than CA average of 975)
- Top-rated Palo Alto schools
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs
- Unemployment rate: 2.1% (lower than CA 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 (15.56%), second largest: 25-34 (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:
- Two attached homes (duplex), each with private entry, postal address, and separate utility meters
- Front home: 1-story, 2bd/2ba, living room with fireplace, dining room, bright kitchen with skylight
- Attached home: 2-story, 2bd/1.5ba, living room, dining area, large kitchen with garden window
- Front covered porch and back patio for outdoor living
- Covered parking for two cars, guest parking, and extra storage
- Upgrades: New paint, floors, light fixtures, appliances, indoor laundry
- Flexible options: Live in one/rent the other, remodel, expand, or rebuild
Location Benefits:
- Prime Community Center location: Walking distance to Downtown Palo Alto, University Avenue, parks, library, Stanford University, Stanford Hospital, Stanford Shopping Center, Caltrain, and commuter routes
- Nearby amenities: Grocery stores (Frans Market, Whole Foods, S-O-S Fine Foods), coffee shops (JOE & THE JUICE, Blue Bottle Coffee, HanaHaus), restaurants (Tamarine, Thyme, IL Fornaio)
- Excellent opportunity for owner-occupant, extended family, or investor
- Charming, upgraded, and move-in ready—a must see!