Property Overview:
3803 Midvale Ave is a duplex in the Dimond District of Oakland, CA, built in 1910. The property offers 5 bedrooms, 2 bathrooms, and 2,287 sq. ft. of living space. Features include a large lot, parking garage, and potential for expansion. The estimated home value is $799,400.
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%); second largest: 45-54 years (15.96%).
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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:
- Two units: Each with 2 bedrooms and 1 bathroom.
- Spacious layouts: Dining room, living room, large kitchens, and in-unit washer/dryers.
- Large rear yard with extra storage/garage space (not currently utilized).
- Oversized detached 1-car garage; potential for ADU or expansion (check with City of Oakland).
- Upper unit: Vacant, with large walk-up attic suitable for conversion to a primary suite, third unit, or ADU.
- Lower unit: Rented to stable tenants.
- Corner lot with private backyard, garden area, and deck.
- Central heating in each unit.
- Instant rental income potential.
Location Benefits:
- Versatile living: Live in one unit and rent the other, or rent both.
- Expansion opportunities: Attic and garage offer potential for additional living space or income units.
- Family-friendly community with a significant percentage of households with children.
- Convenient access to local amenities and schools.
- Investment potential: Strong rental demand and options for property customization.