Palo Alto real estate is highly sought after, but it can also be extremely expensive, making home investment difficult. The good news is, Midtown Palo Alto, bounded by Oregon Expressway, Loma Verde, Alma and Highway 101, is more affordable than many of the other areas in town. When it comes to Palo Alto real estate, it’s the perfect location for a family looking to lease their home or find a home to invest in on a smaller budget with all the benefits of Palo Alto cache, schools, and community.
Midtown Offers Walking Distance to Everything
Because it’s an area of Palo Alto located right in the center of town, Midtown Palo Alto boasts close proximity to all the amenities. One of the top selling points of the Midtown neighborhood is the ability to walk to just about anything you want. In fact, many lifelong residents have fond memories of walks to the ice cream parlor, browsing in the local shopping centers and many other slower-paced activities. While the overall landscape has changed a bit, citizens of Midtown can still enjoy much of the same lifestyle benefits as those living in a small town.
When you’re looking at Palo Alto real estate, you will quickly see Midtown is the ideal place for families with children. From the top-rated Palo Alto schools to the beautiful neighborhood parks, the area promises a childhood filled with the challenges of an excellent education and the fun of fresh air and open spaces. Midtown is home to five elementary schools, as well as three beautiful parks, each offering its own set of unique amenities.
Midtown Features a Strong Sense of Community
There is a camaraderie that can be felt between the neighbors and shopping districts in Midtown. Much of this can be attributed to the thriving Midtown Residents Association. One of their main goals is to maintain the integrity of their neighborhood and to support local businesses. They are able to foster this important community spirit by keeping residents informed through their e-newsletter.
Not only is Midtown an affordable, peaceful area of Palo Alto, featuring tree-lined streets and larger lots, it’s also a great mix of home styles. A selection of new modern builds, ranchers, Eichlers and bungalows means you can find a beautiful home to suit your style and budget requirements. Working with a Palo Alto real estate agent experienced in this area of town will help you find a home to meet all of your criteria.
A Smart, Long-Term Investment
Finding reasonably priced real estate anywhere in Palo Alto is like finding a diamond in the rough. That’s why purchasing in Midtown can be such an incredible investment. You can buy homes in this area for as low as just over $1,000 per square foot, allowing you to spend less on a home than most of the other areas of Palo Alto. As a college town and home to the lucrative tech industry, occupancy is significantly above average. If you choose to sell in the future, statistics predict your real estate purchase will hold its value or increase over the years, meaning a better return on your investment.
Professional Property Management in Midtown Palo Alto
If you’re looking for a professional Palo Alto property management company or need advice on a new real estate investment, contact us. We can help you find or lease the perfect Midtown home. SVPMG is owned and managed by a Real Estate Attorney who knows landlord-tenant law better than all other property managers. The principals at SVPMG also own their own properties so they know what good property management is and what it is not. There are no property management groups with more knowledge or more experience in rental and investment properties than Silicon Valley Property Management Group. Find out why Silicon Valley Management Group is different here.
If you are in need of a property manager for your Palo Alto income property, or if you’re considering purchasing income property in Palo Alto, please consider Silicon Valley Property Management Group. Please read about the unique advantage we bring our Palo Alto property management clients. With a real estate agent, a real estate attorney and a real estate developer on staff, we are also uniquely qualified to assist with your real estate search and purchase needs anywhere in the Silicon Valley (see our staff page for our qualifications).