Property Overview:
2020 Clement Ave is a single-family home in Alameda, CA, built in 1905. It features 2 bedrooms, 1 bathroom, and 864 sq. ft. of living space. The home includes a parking garage. The estimated home value is $847,900. The property sits on a huge 6,900 sq. ft. lot and is zoned M1 (potential for mixed use). Contractor’s special—the home needs TLC and is being sold cash only.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.9% (lower than state average of 11.8%).
- Property crime risk: 11.2% (slightly higher than state average of 10.8%).
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Schools:
Nearby schools include Love Elementary, Downtown Charter Academy, and Alameda High.- Average SAT score: 995 (above state average of 975).
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Job Market:
- 53.9% white-collar jobs, 46.1% blue-collar jobs.
- Unemployment rate: 3.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 66,345 (6.3% growth since 2000).
- 57.8% families with children.
- Largest age group: 35-44 years (16.03%); second largest: 45-54 years (15.6%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.8°F (January), 71.2°F (July).
- Average rainfall: 27.8 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $66,966.
- Average annual spending: $52,257.
Property Features:
- Craftsman style home with endless possibilities for expansion or development.
- Large lot (6,900 sq. ft.) offers potential for mixed use (buyer to verify zoning).
- Sewer compliant.
- Ideally located across from the recently developed waterfront area on Clement Ave.
- Cash only sale—needs renovation (TLC).
Location Benefits:
- Close to waterfront and new developments.
- Family-friendly community with a growing population.
- Commuter access to local amenities and job opportunities.
- Great potential for investors or buyers seeking a project with expansion or redevelopment opportunities.