Property Overview:
2900 Barrett Ave is a multi-family home in Richmond, CA 94804, built in 1929. This 3-unit residence offers 4,170 sq. ft. of living space on a 5,500 sq. ft. lot. The property features original period details with modern upgrades, a large basement, 2-car garage, and potential for ADU expansion. Last sold for $650,000; current estimated value is $1,036,176.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 24% (higher than state average of 11.8%).
- Property crime risk: 17.4% (higher than state average of 10.8%).
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Schools:
Nearby schools include Manzanita Middle, Grant Elementary, and John F. Kennedy High.- Average SAT score: 954 (Math: 484, English: 470), below state average of 975.
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Job Market:
- 59.5% white-collar jobs, 40.5% blue-collar jobs.
- Unemployment rate: 7.0% (higher than state average of 4.7%).
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Demographics:
- Community population: 34,685 (5.9% growth since 2000).
- 65.2% families with children.
- Largest age group: 25-34 years (15.82%); second largest: 35-44 years (14.44%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.5°F (January), 77.2°F (July).
- Average rainfall: 17.6 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $48,541.
- Average annual spending: $42,023.
Property Features:
- Historic 1929 architecture with curved wood and glass doors, built-ins, and hardwood floors.
- Modern upgrades: Updated kitchens, bathrooms, electrical, sewer lateral (2022), and newer roof.
- 3 units with income potential.
- Large basement, 2-car garage, expansive attic (potential for ADU expansion).
- Parking for four vehicles.
- Meticulously maintained; first time on the market in 21 years.
- Seamless access to local amenities, BART, and public transit.
- Comparable homes: 550 36th St, 520 32nd, 614 32nd St.
Location Benefits:
- Convenient to grocery stores: Val-Mar Market, La Familia Market, El Campesino Market.
- Nearby coffee shops: Coco Hut, Starbucks, Catahoula Coffee Co.
- Nearby restaurants: El Paraiso Cafe, Los Macias Taqueria, Domino’s Pizza.
- Close to parks: Nicholl Park, Burg Park, Boorman Park.
- Commuter-friendly: Easy access to BART and public transportation.
- Ideal for investors or owner-occupants seeking income potential and historic charm.