Property Overview:
3316 Macarthur Blvd is a single-family home in Oakland, CA, built in 1924. It features 2 bedrooms, 1 bathroom, and 871–997 sq. ft. of living space, with a spacious backyard and storage basement. The estimated home value is $623,700.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 25.1% (higher than state average of 11.8%).
- Property crime risk: 21.8% (higher than state average of 10.8%).
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Schools:
Nearby schools include Laurel Elementary, Bret Harte Middle, and LIFE Academy.- Average SAT score: 860 (below state average of 975).
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Job Market:
- 65.6% white-collar jobs, 34.4% blue-collar jobs.
- Unemployment rate: 4.5% (slightly lower than state average of 4.7%).
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Demographics:
- Community population: 31,177 (1.9% growth since 2000).
- 61.5% families with children.
- Largest age group: 35–44 years (16.43%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 43.9°F (January), 73.8°F (July).
- Average rainfall: 28.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $66,009.
- Average annual spending: $51,592.
Property Features:
- Potential starter home or investment property.
- 2 bedrooms, 1 bathroom, spacious backyard, and large storage basement.
- Recently remodeled options available:
- Brand new kitchen (cabinets, countertops, appliances).
- New bathroom (shower, vanity, toilet).
- New flooring throughout.
- Flexible use: Can be converted to a small business property (shop, office, salon).
- Laundry hookups in closet or laundry area.
- No central heating or cooling.
- Public sewer and water.
- Dog run and potential for ADU (Accessory Dwelling Unit).
- Garage: 0 cars (street parking).
Location Benefits:
- Convenient access to public transportation, schools, groceries, hardware stores, restaurants, and marketplaces.
- Short drive to freeway access and other shopping areas.
- Family-friendly community with a large percentage of households with children.
- Motivated sellers may offer financing assistance (carry-backs, credits, or buy-downs).