Property Overview:
877 Balboa Ln is a condominium unit in Foster City, CA, built in 1975. It features 2 bedrooms, 2 bathrooms, a den/home office, and 1,395 sq. ft. of living space. The home includes a private one-car garage, fireplace, cooling system, and interior laundry room. The estimated home value is $1,021,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3% (well below state average of 11.8%).
- Property crime risk: 2.6% (well below state average of 10.8%).
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Schools:
Nearby schools include Beach Park Elementary, Bowditch Middle, Design Technical High, and San Mateo County Special Education.- Average SAT score: 1076 (553 Math, 523 English)—above state average of 975.
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Job Market:
- 76.7% white-collar jobs, 23.3% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 32,202 (13% growth since 2000).
- 62% families with children.
- Largest age group: 35-44 years (17.43%); second largest: 25-34 years (15.07%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 73.2°F (July).
- Average rainfall: 21.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $108,169.
- Average annual spending: $73,732.
Property Features:
- Waterfront living with serene water views and private paver-style patio.
- Wood floors throughout most of the space for a warm, welcoming ambiance.
- Living room: Wood-burning fireplace with built-in shelving and wall-to-wall windows overlooking the water.
- Kitchen: Warm wood cabinetry, water views, and adjacent light-filled dining area.
- Flexible den/home office off the living area and primary bedroom.
- Primary suite: High ceilings, updated bathroom with double sinks, generous storage, and oversized shower.
- Jack-and-Jill hall bathroom for second bedroom and guests.
- Interior laundry room and private one-car garage.
- Direct access to scenic walking paths and resort-style amenities.
Location Benefits:
- Waterfront community with a relaxed, easy lifestyle.
- Vibrant neighborhood with family-friendly atmosphere and growing population.
- Convenient access to outdoor recreation, walking paths, and community amenities.
- Safe, commuter-friendly location in the heart of Foster City.