Property Overview:
2051 85th Ave is a multi-family triplex in Oakland, CA, built in 1958. The property offers three legal units: one 2-bedroom and two 1-bedroom apartments, totaling 2,250 sq. ft. of living space. The lot size is 5,000 sq. ft. and includes a huge garage and a large backyard. The building has been completely remodeled with new windows, doors, copper plumbing, kitchen cabinets, and tile.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 31.2% (higher than state average of 11.8%).
- Property crime risk: 21% (higher than state average of 10.8%).
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Schools:
Nearby schools include Aspire College Academy, Castlemont High, Oakland Unity Middle, and Independent Study Sojourner Truth.- Average SAT score: 964 (below state average of 975).
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Job Market:
- 57.1% blue-collar jobs, 42.9% white-collar jobs.
- Unemployment rate: 10.7% (higher than state average of 4.7%).
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Demographics:
- Community population: 27,683 (4% growth since 2000).
- 71% families with children.
- Largest age group: 25-34 years (16.4%); second largest: 35-44 years (13.82%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.1°F (January), 74.8°F (July).
- Average rainfall: 25.6 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $33,147.
- Average annual spending: $33,136.
Property Features:
- Three legal units:
- One 2-bedroom, 1-bath (vacant).
- Two 1-bedroom, 1-bath (rented at market rate).
- Fully remodeled:
- New windows, doors, copper pipes, kitchen cabinets, and tile throughout.
- Living space: 2,250 sq. ft.
- Lot size: 5,000 sq. ft.
- Large backyard and huge garage for storage or additional use.
- Turn-key opportunity for investors or owner-occupants.
Location Benefits:
- Prime Oakland location with access to local amenities.
- Ideal for investors seeking rental income or owner-occupants looking for multi-family living.
- Spacious lot and ample parking/storage options.