Property Overview:
1415 Oxford St is a single-family home in Berkeley, CA, built in 1926. It features 2 bedrooms, 1 bathroom, and 1,126 sq. ft. of living space. The home includes a parking garage and sits on a large, level 4,860 sq. ft. lot. The estimated home value is $1,111,000. The property is being sold AS-IS and requires considerable TLC, but offers potential for expansion, repairs, or an ADU.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 14.2% (higher than state average of 11.8%).
- Property crime risk: 16.9% (higher than state average of 10.8%).
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Schools:
Nearby schools include Berkeley Arts Magnet at Whittier, Martin Luther King Middle, and Berkeley High.- Average SAT score: 1,112 (566 Math, 546 English)—above state average of 975.
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Job Market:
- 76.5% white-collar jobs, 23.5% blue-collar jobs.
- Unemployment rate: 2.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 9,949 (12.8% growth since 2000).
- 30.3% families with children.
- Largest age group: 20-24 years (23.98%); second largest: 25-34 years (23.41%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.6°F (January), 75.4°F (July).
- Average rainfall: 29.1 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $58,772.
- Average annual spending: $47,749.
Property Features:
- Single-story home with formal living/dining rooms and eat-in kitchen.
- Large, level lot offers room for additions, repairs, new construction, or ADU for extra space or rental income.
- Needs significant TLC—ideal for buyers seeking a fixer-upper or investment opportunity.
- Comprehensive inspections and disclosures available.
- Located in the desirable North Berkeley “Gourmet Ghetto” neighborhood, close to parks, cafes, restaurants, and 1 mile to Solano Ave amenities.
Location Benefits:
- Prime North Berkeley location in the renowned Gourmet Ghetto.
- Walkable to parks, restaurants, and shops.
- Versatile possibilities for expansion or redevelopment.
- Strong community growth and excellent schools.
- Potential for rental income with ADU addition.