Property Overview:
979 Lawrence Ln is a single-family home in Palo Alto, CA, built in 1953. It features 2 bedrooms, 1 bathroom, and 2,018 sq. ft. of living space (buyer to verify; appraisal indicates 1,716 sq. ft. dwelling + 440 sq. ft. garage). The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $1,785,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19.1% (higher than state average of 11.8%).
- Property crime risk: 11.7% (higher than state average of 10.8%).
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Schools:
Nearby schools include Ohlone Elementary, Frank S. Greene Junior Middle, East Palo Alto Academy, and Greendell.- Average SAT score: 1,062 (above state average of 975).
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age group: 25-34 years (14.04%); second largest: 35-44 years (14.67%).
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Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 87.2°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $82,787.
- Average annual spending: $59,990.
Property Features:
- Diamond in the rough on a cul-de-sac—ideal for renovation, remodel, expansion, or rebuild.
- Deep front yard, courtyard, and large backyard.
- Spacious living/dining room with floor-to-ceiling windows.
- Separate family room/den with closet and patio/backyard access.
- Primary bedroom with half bath.
- Unfinished 3rd bedroom with walk-in closet space.
- Unfinished breakfast room off kitchen.
- Easy access to Highway 101, close to parks, shopping, and dining.
- Top-rated Palo Alto schools.
- Sold “AS IS”—buyer to verify square footage, lot size, permits, and future plans with the city.
Location Benefits:
- Commuter-friendly: Quick access to major employment areas via Highway 101.
- Family-oriented community with a high percentage of families and children.
- Near parks and a short drive to shopping and dining.
- Excellent schools and strong potential for future value with renovation.