Property Overview:
1164 Ocean Ave is a single-family home in North Oakland, CA, built in 1910. The property features two vacant homes on one lot:
- Front house: 2 bedrooms, 1 bath.
- Back house: Upstairs and downstairs units, each with separate entrances, full bath, and kitchen.
- Total living space: 2,226 sq. ft.
- Estimated home value: $983,800.
- Parking garage included.
- Back unit was previously licensed as a daycare and can be converted to living quarters.
- Separate PG&E and water meters for each home.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 24.8% (higher than state average of 11.8%).
- Property crime risk: 26.9% (higher than state average of 10.8%).
- Neighborhood is considered relatively unsafe.
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Schools:
- Nearby schools: Yu Ming Charter, Emery Secondary, Longfellow Arts and Technology Middle.
- Average SAT score: 776 (state average: 975).
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Job Market:
- 55.8% white-collar jobs, 44.2% blue-collar jobs.
- Unemployment rate: 7.3% (higher than state average of 4.7%).
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Demographics:
- Population: 23,117 (3.7% growth since 2000).
- 48.9% families with children.
- Largest age group: 25-34 years (23.34%); second largest: 35-44 years (17.05%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.2°F (January), 73.6°F (July).
- Average rainfall: 29.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $46,298.
- Average annual spending: $40,718.
Property Features:
- Two homes on one lot: Live in one, rent the other—great investment opportunity.
- Back unit: Previously licensed as a daycare, easily convertible to living space.
- Separate utilities: Each home has its own PG&E and water meter.
- Ready for updates: Both homes are vacant and ready for renovation.
- Central courtyard with play structure (in some listings).
- Appliances: Dishwasher, microwave, oven range, refrigerator, dryer (varies by unit).
- Flooring: Carpet, linoleum, tile.
- Laundry: In laundry room or utility room.
- Heating: Wall furnace.
- Roof: Composition.
- No garage (in some listings); on-street parking.
Location Benefits:
- Prime North Oakland location:
- Close to UC Berkeley, downtown Oakland, and San Francisco.
- Historic architecture, plentiful bike lanes, lively arts scene, and mountain views.
- Near churches, cafes, and the bay.
- Flexible living: Ideal for multi-generational living, rental income, or home business (e.g., daycare).
- Probate/short sale: Some listings note the property is in probate and may require short sale approval.