Property Overview:
1935 94th Ave is a single-family home in Oakland, CA, built in 1925. It features 3 bedrooms, 1 bathroom, and 1,058 sq. ft. of living space. The home includes a detached parking garage. The estimated home value is $408,700.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 27.7% (higher than state average of 11.8%).
- Property crime risk: 23% (higher than state average of 10.8%).
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Schools:
Nearby schools include Elmhurst United Middle, Reach Academy, Castlemont High, and Lodestar: A Lighthouse Community Charter Public.- State average SAT score: 975.
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Job Market:
- 53.4% blue-collar jobs, 46.6% white-collar jobs.
- Unemployment rate: 9.4% (higher than state average of 4.7%).
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Demographics:
- Community population: 26,597 (0.8% growth since 2000).
- 74.8% families with children.
- Largest age group: 25-34 years (15.86%); second largest: 35-44 years (14.29%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.4°F (January), 75.2°F (July).
- Average rainfall: 24.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $40,467.
- Average annual spending: $37,455.
Property Features:
- Investor opportunity:
- Currently tenant-occupied by long-term tenants paying $700/month (tenants wish to stay).
- Home needs TLC (some repairs/updates needed).
- Large 7,000 sq. ft. lot with detached garage and potential for improvements.
- Appointment required for showings; please do not disturb tenants.
Location Benefits:
- Family-oriented community with a high percentage of households with children.
- Convenient access to local schools and amenities.
- Potential for value-add through renovations or updates.
- High rental demand in the area, making it suitable for investors.