Property Overview:
941 Addison Ave is a single-family home in Palo Alto, CA, built in 1997. It features 4 bedrooms, 3 bathrooms, and approximately 2,724 sq. ft. of living space. The home includes a parking garage, fireplace, heating and cooling systems, and was designed by renowned architect Joseph Bellomo.
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 Jr. Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (626 Math, 595 English)—well above the 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:
- High 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:
- Architectural design by Joseph Bellomo with contemporary style and clean lines.
- 3-level floorplan with high ceilings, slate tile, hardwood floors, and extensive use of glass for a light-filled, breezy ambiance.
- Living room/dining room with a wood-burning fireplace.
- Chef’s kitchen with high-end appliances.
- Flexible-use space on the downstairs level.
- Bedrooms on all levels; upstairs primary suite features a spa-like bathroom and private balcony.
- Private backyard with patio, deck, heated plunge pool/Japanese soaking tub—ideal for indoor/outdoor living and entertaining.
- Walking distance to Eleanor Pardee Park and Addison Elementary (buyer to verify eligibility).
- Minutes to University Avenue and downtown amenities.
Location Benefits:
- Situated in Crescent Park, one of Palo Alto’s most desirable neighborhoods.
- Family-friendly community with top-ranked schools and parks nearby.
- Low crime rates and strong job market.
- Commuter-friendly: Close to major tech employers, public transit, and downtown Palo Alto.
- Ideal for modern living with a blend of contemporary design and relaxed lifestyle.