Property Overview:
1515 40th Ave is a single-family home in Oakland, CA, built in 1907. It features 2 bedrooms, 1 bathroom, and 1,309 sq. ft. of living space. The home includes a parking garage and sits on a 4,725 sq. ft. lot. The estimated home value is $520,900.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 21.3% (higher than state average of 11.8%).
- Property crime risk: 12.8% (higher than state average of 10.8%).
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Schools:
Nearby schools include Ascend, Oakland Charter Academy, and ARISE High.- Average SAT score: 860 (below state average of 975).
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Job Market:
- 56.3% blue-collar jobs, 43.7% white-collar jobs.
- Unemployment rate: 7.9% (higher than state average of 4.7%).
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Demographics:
- Community population: 54,902 (8.9% growth since 2000).
- 70.9% families with children.
- Largest age group: 25-34 years (18.41%); second largest: 35-44 years (14.53%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.4°F (January), 73.7°F (July).
- Average rainfall: 27.7 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $39,916.
- Average annual spending: $37,138.
Property Features:
- Beautifully remodeled with modern upgrades and classic charm.
- Open floor plan with abundant natural light.
- Kitchen: Stylish cabinetry, contemporary countertops, and ample storage.
- Spacious bedrooms and updated bathrooms for comfort and convenience.
- Long driveway with ample parking and potential for an ADU (Accessory Dwelling Unit)—ideal for rental income, home office, or multi-generational living.
Location Benefits:
- Located in the vibrant Fruitvale neighborhood.
- Convenient access to shops, restaurants, schools, and transportation.
- Endless possibilities for expansion or investment.
- Perfect blend of modern living and fantastic location.