Property Overview:
749 University Ave is a single-family home in Los Altos, CA, built in 1947. It features 3 bedrooms, 2 bathrooms, and 1,811 sq. ft. of living space. The home includes a parking garage and a heating system. The estimated home value is $2,952,000.
Additionally, a newly constructed Transitional-style home at the same address is available for $6,360,000, featuring 4 bedrooms, 3.5 bathrooms, and 3,057 sq. ft. of living space. Estimated completion is Spring/Summer 2024.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 2% (lower than state average of 11.8%).
- Property crime risk: 2.5% (lower than state average of 10.8%).
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Schools:
Nearby schools include Covington Elementary, Los Altos High, and Georgina P. Blach Junior High.- Average SAT score: 1159 (higher than state average of 975).
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Job Market:
- 80.2% white-collar jobs, 19.8% blue-collar jobs.
- Unemployment rate: 2.0% (lower than state average of 4.7%).
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Demographics:
- Community population: 17,126 (22% growth since 2000).
- 78% families with children.
- Largest age group: 45-54 years (17.8%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 90.1°F (July).
- Average rainfall: 14.4 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $205,994.
- Average annual spending: $112,459.
Property Features:
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Original Home:
- Built in 1947 with 3 bedrooms, 2 bathrooms, and 1,811 sq. ft..
- Includes a parking garage and heating system.
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New Construction (2024):
- 4 bedrooms, 3.5 bathrooms, and 3,057 sq. ft..
- First Floor: Includes an ADU with a living area, kitchenette, and en suite bathroom.
- Second Floor: Features 2 secondary bedrooms, a laundry room, and a grand suite with a walk-in closet and spa-inspired bath (dual vanities, soaking tub, and walk-in shower).
- Chef-inspired kitchen with top-of-the-line appliances and an island with bar seating.
- Great room with a fireplace and access to a covered patio for indoor/outdoor living.
Location Benefits:
- Situated in a sought-after Los Altos neighborhood.
- Close to boutiques, restaurants, and bars.
- Ideal for multigenerational living with the inclusion of an ADU.
- Family-friendly community with excellent schools and low crime rates.