California Insurance Commissioner Ricardo Lara letting companies base rates on black box computer models of possible catastrophes amounts to a surrender.
The spacious property located in the 500 block of Jackson Drive in Palo Alto was sold on May 31, 2024 for $3,640,000, or $1,772 per square foot. The house, built in 1950, has an interior space of 2,054 square feet.
A 1,796-square-foot two-unit house built in 1946 has changed hands. The property located in the 3700 block of Harrison Street in Oakland was sold on April 26, 2024. The $1,770,000 purchase price works out to $986 per square foot.