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Awning Analysis
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Schools
Market Statistics
Demographics
Palo Alto, CA 94301
$13,880,000  
5  Bd
4  Ba
3,477  Sq. Ft.
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Key Insights
A+
Overall Niche neighborhood grade
This neighborhood is incredibly desirable to live in! See details
NEW
Market Data
A+
Overall Niche school grade
The public schools in this area are top notch! See details

Awning Agent
Andreis Bergeron
Andreis Bergeron
#: Assistant to BK3520130
Andreis is the head of Brokerage Operations at Awning.
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The advisor has not left any notes on this property.
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Response time: typically within an hour
Text or call  415-941-3401

Description
A rare opportunity to build your dream home in the Heart of Old Palo Alto on a 15,000 sf lot! Perfect flat lot. No protected trees at back. Per parcel map on a 15,000sf lot it can build a 5,250sf house, plus basement 2,805sf, ADU 678sf+120sf, attached garage 564sf. Total approx. of 9,417sf. The owners have worked closely with trusted local architects to create an architectural plan of art with modern design that links exterior and interior spaces. Seller has phase 1 permit (main level, basement & ADU) ready to demolish the old house. Phase 2 plan (2nd floor) to be approved soon. Construction can start anytime at buyers expense. Buyer has option to restore the current Craftsman Tudor home that has 3,477sf with a 472sf garage. What a unique opportunity to build or remodel this property in the prestigious neighborhood in Old PA. Blocks to award-winning schools, restaurants, shopping, downtown Palo Alto, libraries, Arts Center, Stanford University, Sand Hill Road and Silicon Valley.
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Listed by: Carol Li · DRE#: Unavailable · CompassSource: MLS logo crmls · MLS#: ML81897770 · Originating MLS: California Regional MLSAwning last checked: today at 10:09 AM | Last updated 12/17/2022Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$3,992
$/Unit
$13,880,000
Lot size
15,000
Built in
1915
Days on Awning
629

Copyright: Listing Information © 2024 California Regional MLS. All Rights Reserved.Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-17 20:40:13.962838 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.MLS logo
 
Awning AnalysisAwning uses its algorithms and a proprietary database of real rent and property information to estimate rent, rent growth, and property appreciation. Our team of real estate experts manually review and edit numbers for every property we surface in order to ensure the accuracy of this data. As part of the offer process, we do more thorough reviews of the numbers, working with local property managers and contractors.
NeighborhoodGet to know what living in 94301 is like.
Report Card for 94301Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
A+

Public Schools
A+
Commute
A
Cost of Living
C-
Crime & Safety
B
Diversity
B+
Good for Families
A+
Jobs
A-
Walkability
A+
Data provided by Niche.

Living in 94301
Bars
A
Coffee Shops
A+
Health & Fitness
A+
Nightlife
A+
Outdoor Activities
A
Parks
A-
Restaurants
A+
Weather
A+
Data provided by Niche.

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Schools in 94301
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an A+ school district, meaning the public schools in this area are top notch!
A+

Palo Alto High SchoolGrades 9 to 12Serves this home • 1.0 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
18:1
Total Students
2124
Frank S. Greene Jr. Middle SchoolGrades 6 to 8Serves this home • 1.0 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
16:1
Total Students
1050
Ohlone Elementary SchoolGrades K to 5Serves this home • 2.1 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
18:1
Total Students
560
Walter Hays Elementary SchoolGrades K to 5Serves this home • 0.7 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
16:1
Total Students
371
Herbert Hoover Elementary SchoolGrades K to 5Serves this home • 3.7 miles away
A+
Academics
A+
Teachers
A+
Student-Teacher Ratio
20:1
Total Students
395
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
94301 StatsSee how this home compares to the zip code medians.
94301 Median
Home Value
$2,000,001
Rent
$2,379
Rent-to-Income
17.9%
Income
$159,148
This Home
Listing Price
$13,880,000594% higher than zip
Rent
$6,530175% higher than zip
Rent to Income
49.2%175% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
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in Year 2020
  • 94301
    $1,181,000
  • County
    $1,038,000
Average Price / SqFt
See how the price / sqft in the area has changed over time.
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in Year 2020
  • 94301
    $1,174
  • County
    $589

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
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in Year 2019
  • 94301
    $248k
  • County
    $122k

Population
See how the area’s total population has changed over time.
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in Year 2020
  • 94301
    17,866
  • Average in County
    33,548

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 9430152%
% Owner Occupied for County58%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 9430175%
% White Collar for County63%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
9430182%
County54%

Age Distribution 94301
See the distribution of people by age in 94301.
Under 2024%
20 - 4426%
45-6428%
65+22%