Property Overview:
1912 Crosby Ave is a multi-family property (Triplex + separate 4-bedroom home) in Oakland, CA, built in 1925. The main building features five bedrooms, three bathrooms, and 2,391 sq. ft. of living space. The property includes three income-generating units plus a fully remodeled 4-bedroom house on the same lot.
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: United for Success Academy, LIFE Academy, Global Family.- 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:
- 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:
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Triplex:
- Unit A (Upstairs): 2 bedrooms, 1 bath, fireplace.
- Units B & C: 1 bedroom, 1 bath each.
- All units recently remodeled with modern kitchens, updated bathrooms, and vinyl flooring.
- All units vacant—ready for market-rate rents.
- New sewer line (100-year guarantee), new concrete work, new stucco exterior.
- Private outdoor areas and ample parking.
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Separate 4-Bedroom Home (1910 Crosby Ave):
- Fully remodeled with modern updates and new appliances.
- Spacious living and dining areas—ideal for a large family or additional rental income.
- Move-in ready for owner-occupants or tenants.
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Additional Details:
- Attached garage (0 car spaces listed), community security gate.
- No HOA fees.
- Zoned RI (residential income).
Location Benefits:
- Excellent income potential: Live in one unit, rent the others, or rent all for maximum cash flow.
- Turnkey investment: All major repairs and updates completed—hassle-free ownership.
- Family-oriented community with a growing population and high percentage of families with children.
- Convenient access to local schools, public transportation, and Oakland amenities.