Property Overview:
2020 45th Ave is a multi-unit residential property in Oakland, CA 94601, originally built in 1918. The main house features 4 bedrooms, 2 bathrooms, and 1,592 sq. ft. of living space on a 4,560 sq. ft. lot. The property includes a separate downstairs unit (2 bed/1 bath) and a detached ADU (1 bed/1 bath with kitchenette). The estimated home value is $750,000–$849,249.
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 Fremont High, Aspire ERES Academy, and Oakland Charter Academy.- 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:
- Main House: 4 bedrooms, 2 bathrooms (approx. 1,516 sq. ft.).
- Downstairs Unit: 2 bedrooms, 1 bathroom (approx. 800 sq. ft.).
- Detached ADU: 1 bedroom, 1 bathroom, kitchenette (approx. 456 sq. ft., currently rented).
- Laundry hookups in both upstairs and downstairs units.
- Gated driveway and garage area.
- New windows and remodeled bathrooms (not shown in photos).
- Excellent income opportunity: Live in one unit and rent out others, or accommodate extended/large families.
- Seller is motivated.
Location Benefits:
- Convenient access to grocery stores (Cardenas Markets, Mi Pueblo Food Center), coffee shops (Cafe El Patio, Luis’s Coffee Shop), and restaurants (Tacos El Pollo, Subway, China Express).
- Nearby parks: Foothill Meadows, Brookdale Park.
- Public transportation and major roads nearby.
- Multiple possibilities for extended family living or rental income.