Property Overview:
765 Loma Verde Ave #A is a sophisticated contemporary townhome in Midtown Palo Alto, CA 94303, built in 1985. It features 2 bedrooms, 2.5 bathrooms, a den/office, and 1,435 sq. ft. of living space on a 2,640 sq. ft. lot. Includes a 2-car attached garage, central AC, and private patio. Last sold for $1,750,000 (01/17/2020); current estimated value is ~$2,183,000.
Neighborhood Highlights:
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Population:
- Community of 41,564 residents (4% growth since 2000)
- 69% families with children
- Largest age groups: 25-34 (14.04%), 35-44 (14.67%)
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Crime Rate:
- Personal crime risk: 19.1% (higher than CA avg. 11.8%)
- Property crime risk: 11.7% (higher than CA avg. 10.8%)
- Low overall crime risk reported elsewhere; 1 registered offender within 1 mile
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Schools:
- Exceptional schools:
- Palo Verde Elementary
- Jane Lathrop Stanford Middle
- Palo Alto High
- Greendell
- Average SAT score: 1062 (above CA avg. 975)
- Award-winning PA schools
- Exceptional schools:
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs
- Unemployment rate: 4.9% (slightly above CA avg. 4.7%)
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Natural Disaster Risk:
- Very high earthquake risk
- Moderate to low flood risk
- Very low tornado risk
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Weather:
- Avg. January temp: 51.2°F
- Avg. July temp: 87.2°F
- Avg. rainfall: 18.3 inches/year
- Avg. snowfall: 0.1 inches/year
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Cost of Living:
- Median household income: $82,787
- Average annual spending: $59,990
Property Features:
- Sophisticated, contemporary end-unit with high ceilings and soaring windows
- Open floor plan with White Oak floors and slate entry
- Eat-in chef’s kitchen:
- Granite counters
- Bosch stainless appliances
- New cabinets
- Den/office off kitchen
- Separate formal dining room
- Sunny private patio and second-floor balcony
- Spa-inspired bathrooms (all new)
- In-unit laundry
- Attached 2-car garage with EV charger
- Central AC
- Fireplace
- Lush landscaping and well-maintained common areas
- Remodeled with modern design and recessed lighting
Location Benefits:
- Prime Midtown Palo Alto location
- Walk to:
- Mitchell Park
- Library
- Shops & restaurants
- Easy access to:
- US-101
- Major commute routes
- Leading tech campuses (Apple, Google, Meta)
- Family-friendly community
- Low natural disaster risk (except earthquakes)
- Excellent for entertaining and modern living