Property Overview:
998 Lucky Ave is a single-family home in Menlo Park, CA 94025, built in 1955. It features 2 bedrooms, 1 bathroom, and 860 sq. ft. of living space on a 5,225 sq. ft. corner lot. The home includes hardwood floors, a retro kitchen, wood-burning fireplace, and a parking garage. The estimated home value is $1,462,000 – $1,694,812.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 8.3% (lower than state average of 11.8%).
- Property crime risk: 9.6% (lower than state average of 10.8%).
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Schools:
Nearby schools include La Entrada Middle, Oak Knoll Elementary, Las Lomitas Elementary, and Woodside High.- Average SAT score: 1100 (higher than state average of 975).
- Award-winning Las Lomitas School District.
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Job Market:
- 73.9% white-collar jobs, 26.1% blue-collar jobs.
- Unemployment rate: 2.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,986 (10% growth since 2000).
- 59% families with children.
- Largest age group: 35-44 years (16.02%); second largest: 45-54 years (14.98%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 87.0°F (July).
- Average rainfall: 17.4 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $107,463.
- Average annual spending: $72,061.
Property Features:
- Charming single-story home with light-filled interior.
- Gleaming hardwood floors throughout.
- Retro flair kitchen and sparkling bath.
- Wood-burning fireplace.
- Large private fenced rear yard and lush front lawn.
- Corner lot with abundant sunshine.
- Expansion potential or opportunity to build your dream home.
- Parking garage included.
Location Benefits:
- Prime West Menlo Park location:
- Moments to downtown Menlo Park, Palo Alto, Stanford University, Stanford Hospital, and Stanford Shopping Center.
- Walking distance to top-rated schools.
- Close to Starbucks, restaurants (Flea Street Cafe, The Dutch Goose, LuLu’s), grocery stores (Safeway, Draeger’s Market), and parks (Sharon Hills Park, Sharon Park, Camp Fremont Park).
- Convenient commute routes.
New Construction & Comparable Homes:
- Nearby new construction:
- 4-5 bedrooms, 4.5-5.5 bathrooms, 2,821–2,841 sq. ft., with attached ADU.
- Chef’s kitchen, luxury finishes, accordion doors for indoor-outdoor living.
- Price: Around $3,285,000.
- Comparable homes:
- 1061 Lucky Ave, 2016 Liberty Park Ave, 970 Cloud Ave.