Property Overview:
2520 Clement Ave is a Victorian duplex in Alameda, CA, built in 1890. The property includes four bedrooms, two bathrooms, and 2,253 sq. ft. of living space. There is a parking garage and a full basement. The rear unit is owner-occupied, while the front house is tenant-occupied. The home is in fair condition. The estimated home value is $1,209,000. This property is to be sold together with 2524 Clement Ave next door, offering potential for multiple units (up to four, per city guidance; buyer to verify).
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 (516 Math, 479 English)—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:
- Victorian duplex with two units (front house tenant-occupied, rear unit owner-occupied).
- Full basement.
- Parking garage.
- Fair condition—contractor special and opportunity for upgrades.
- Potential for redevelopment: Both 2520 and 2524 Clement Ave may allow for up to four units (buyer to verify with city).
Location Benefits:
- Great opportunity for investors or those looking to build a dream home in Alameda.
- Family-friendly community with growing population and good schools.
- Commuter access to Bay Area amenities.
- Low unemployment and diverse job market.
- Safe neighborhood with active families and children.