Property Overview:
351 Laurel Ave is a 2-bedroom, 1.5-bathroom condominium in Hayward, CA (Cherryland neighborhood, ZIP 94541), built in 1974. The unit offers 882 sq. ft. of living space, features laminate flooring, updated kitchen and bathrooms, energy-efficient dual pane windows, and a spacious back patio. The property is currently tenant-occupied and is listed for $419,000. HOA fee is $510/month and includes access to a community pool.
Neighborhood Highlights:
-
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%).
-
Schools:
Nearby schools include Silver Oak High Public Montessori Charter, Cherryland Elementary, Winton Middle, and Alameda County Community.- Average SAT score: 933 (below state average of 975).
-
Job Market:
- 53.9% white-collar jobs, 46.1% blue-collar jobs.
- Unemployment rate: 4.8% (slightly higher than state average of 4.7%).
-
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%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 45.9°F (January), 77.5°F (July).
- Average rainfall: 20.9 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $58,149.
- Average annual spending: $47,415.
Property Features:
- Two-story condo with 2 bedrooms and 1.5 bathrooms.
- Laminate flooring throughout and dual pane windows for energy efficiency.
- Updated kitchen with electric cooktop and laminate countertops.
- Freshly painted, move-in ready interior.
- Enclosed back patio with grass—ideal for relaxing or entertaining.
- Community amenities: Swimming pool and other shared facilities.
- No garage; community laundry facility.
- Traditional style; public sewer and water.
Location Benefits:
- Convenient access to local schools, shopping, and public transportation.
- Family-friendly community with a significant proportion of households with children.
- Investment potential due to tenant occupancy and area growth.
- Low-maintenance living with HOA covering exterior and community amenities.