Property Overview:
22383 Happyland Ave is a single-family home in Hayward, CA, built in 1965. It offers 768 sq. ft. of living space and includes a parking garage. The estimated home value is $541,600. The property has had the same tenant for over 40 years and now needs rehab. Features include 1 1/2" oak hardwood under carpets, laundry in 2-car garage, and potential for an additional bedroom and half bath. Owner may carry with a low down payment; must be used in a 1031 exchange. Recent updates include new paint, new bath, new flooring, and soon a new garage door.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 10.7% (lower than state average of 11.8%).
- Property crime risk: 9.5% (lower than state average of 10.8%).
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Schools:
Nearby schools include Longwood Elementary, Royal Sunset (Continuation), Alameda County Community, and Winton Middle.- Average SAT score: 933 (below state average of 975).
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Job Market:
- 53.9% white-collar jobs, 46.1% blue-collar jobs.
- Unemployment rate: 4.8% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 55,951 (17.2% growth since 2000).
- 63.9% families with children.
- Largest age group: 25-34 years (16.99%); second largest: 35-44 years (14.45%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.9°F (January), 77.5°F (July).
- Average rainfall: 20.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $58,149.
- Average annual spending: $47,415.
Property Features:
- Solid house with 1 1/2" oak hardwood under carpets.
- Same tenant for 40+ years; now needs rehab.
- Very quiet, closed street in a good area.
- Laundry in 2-car garage.
- Potential for additional bedroom and half bath.
- Owner carry terms available with low down payment.
- Must be used in 1031 exchange; price reflects needed work.
- Recent updates: new paint, new bath, new flooring, and soon a new garage door.
Location Benefits:
- Family-friendly community with a high percentage of families with children.
- Relatively safe neighborhood with lower-than-average crime rates.
- Convenient access to local schools and job opportunities.
- Quiet, closed street ideal for privacy and peaceful living.
- Potential investment opportunity due to rehab needs and owner financing options.