Property Overview:
430 Douglas Ave is a single-family home in Oakland, CA, built in 1953. It features 3 bedrooms, 1 bathroom, and 946 sq. ft. of living space. The home includes a parking garage. The estimated home value is $508,600.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 27.7% (higher than state average of 11.8%).
- Property crime risk: 23% (higher than state average of 10.8%).
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Schools:
Nearby schools include Aspire Lionel Wilson College Preparatory Academy, Lodestar: A Lighthouse Community Charter Public, Madison Park Academy Tk-5, and John Muir Middle.- Average SAT score: 975 (state average).
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Job Market:
- 53.4% blue-collar jobs, 46.6% white-collar jobs.
- Unemployment rate: 9.4% (higher than state average of 4.7%).
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Demographics:
- Community population: 26,597 (0.8% growth since 2000).
- 74.8% families with children.
- Largest age group: 25-34 years (15.86%); second largest: 35-44 years (14.29%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.4°F (January), 75.2°F (July).
- Average rainfall: 24.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $40,467.
- Average annual spending: $37,455.
Property Features:
- Investment opportunity with good cashflow; suitable as a fixer-upper or condo alternative.
- Modern kitchen: Granite counters, shaker cabinets, modern appliances, tile floors.
- Solid roof and no known foundation issues.
- Large lot and attached 1-car garage.
- Short sale and priced to move quickly.
- Buyer responsible for sewer lateral and sidewalk certification post-close.
- Updated options available: New appliances, updated bathroom, low-maintenance landscaping.
- Open house and quick offer process.
Location Benefits:
- Good commute location with access to major routes.
- Family-oriented community with a high percentage of households with children.
- Potential for value-add through renovations or as a rental property.