Property Overview:
421 Ripley Ave is a single-family home in Richmond, CA, built in 1943. It features 3 bedrooms, 2 bathrooms, and 1,055 sq. ft. of living space. The home includes a parking garage. The estimated home value is $339,500.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 33.1% (higher than state average of 11.8%).
- Property crime risk: 20.4% (higher than state average of 10.8%).
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Schools:
Nearby schools include Peres Elementary, Leadership Public Schools: Richmond, and Manzanita Middle.- Average SAT score: 954 (below state average of 975).
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Job Market:
- 52.6% blue-collar jobs, 47.4% white-collar jobs.
- Unemployment rate: 10.2% (higher than state average of 4.7%).
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Demographics:
- Community population: 27,429 (13.8% growth since 2000).
- 65.7% families with children.
- Largest age group: 25-34 years (16.28%); second largest: 35-44 years (14.28%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 52.7°F (January), 76.9°F (July).
- Average rainfall: 13.3 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $45,032.
- Average annual spending: $39,905.
Property Features:
- 3 bedrooms, 2 bathrooms.
- Parking garage.
- Large back lot with separate entrance—potential for ADU (Accessory Dwelling Unit) to generate extra income (city approval for 875 sq. ft., 2 bed/2 bath ADU with separate car entrance).
- Updated bathrooms, new kitchen cabinets and appliances.
- Bonus laundry room with new washer/dryer.
- Fresh interior and exterior paint.
- Currently rented: Tenants are month-to-month, paying $2,952/month.
- Needs work—opportunity for renovation and value-add.
Location Benefits:
- Conveniently located near schools, parks, BART Station, Kaiser Hospital, Amtrak train station, public transit, and shopping.
- Great commute location for Bay Area workers.
- Potential for additional income with ADU development.
- Family-oriented community with a growing population.