Property Overview:
948 Loraine Ave is a single-family home in Los Altos, CA, built in 1932. It features 2 bedrooms, 1 bathroom, and 1,110 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $2,095,000 (last sold for $1,780,000 in 2019).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 2.8% (lower than state average of 11.8%).
- Property crime risk: 3.1% (lower than state average of 10.8%).
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Schools:
Nearby top-rated schools include Loyola Elementary, Georgina P. Blach Junior High, and Mountain View High.- Average SAT score: 1159 (higher than state average of 975).
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Job Market:
- 80.6% white-collar jobs, 19.4% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 19,785 (17% growth since 2000).
- 81% families with children.
- Largest age group: 45-54 years (19.17%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.9°F (January), 89.4°F (July).
- Average rainfall: 14.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $163,018.
- Average annual spending: $97,273.
Property Features:
- Charming entry-level home with gleaming hardwood floors and low-maintenance yard.
- Potential for updates or expansion to suit your needs.
- Newly remodeled (2021) with modern upgrades, including:
- New appliances, wood floors, tankless water heater, and EV charger.
- Sprinkler system for easy-to-maintain front and back yards.
- Living space:
- 3 bedrooms, 2 bathrooms, and 1,364 sq. ft. of cozy living area.
- Includes living room, dining room, and laundry room.
Location Benefits:
- Highly desirable Loyola Corners neighborhood.
- Walking distance to restaurants, shops, coffee shops, and Los Altos Golf & Country Club.
- Commuter-friendly: Easy access to I-280, H-85, and Foothill Expressway.
- Close to Downtown Los Altos and other amenities.
- Perfect for family living with access to top-rated Los Altos schools.