Property Overview:
1824 40th Ave is a single-family home in Oakland, CA, built in 1912. It features 2 bedrooms, 1 bathroom, and 1,135 sq. ft. of living space. The property includes a detached back unit (ideal for extended family, office, gym, or storage), a single-car garage, and an expansive basement with potential for additional living space or creative use. The estimated home value is $321,900.
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 Oakland Charter Academy, Global Family, and Fremont High.- Average SAT score: 860 (447 Math, 413 English), 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:
- Low 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:
- Original character: Hardwood flooring, built-in cabinetry.
- Detached back unit: Perfect for extended family, office, gym, or storage.
- Expansive basement: Potential for additional unit, workspace, or storage.
- Single-car garage.
- Kitchen: Tile countertops, refrigerator included.
- Laundry: Hookups only.
- Heating: Gas.
- No cooling system.
- Roof: Composition.
- No pool.
- Public sewer and water.
- Walkable to BART and other public transportation.
- Convenient access to amenities and schools.
Location Benefits:
- Commuter-friendly: Walking distance to BART and public transit.
- Investment potential: Opportunity for rental income or long-term appreciation.
- Family-oriented community with a growing population.
- Close to schools, amenities, and major transportation routes.