Property Overview:
4379 Howe St is a multi-family fourplex in Oakland, CA, built in 1921. It features 4 units (configurations vary: some listings mention 2 two-bedroom/1 bath upper units and 2 one-bedroom/1 bath lower units; others mention four one-bedroom units with dining rooms), totaling 4 bedrooms, 4 bathrooms, and approximately 3,084 sq. ft. of living space. The property offers parking for four cars and has undergone recent upgrades (windows, roof, sewer, pest control, and interior remodels in 2022).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 18.7% (higher than state average of 11.8%).
- Property crime risk: 14.6% (higher than state average of 10.8%).
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Schools:
Nearby schools include Piedmont Avenue Elementary, Oakland Technical High, and Claremont Middle.- Average SAT score: 1204 (619 Math, 585 English)—higher than state average of 975.
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Job Market:
- 76.7% white-collar jobs, 23.4% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 35,488 (4.1% growth since 2000).
- 52.2% families with children.
- Largest age group: 35-44 years (16.34%); second largest: 45-54 years (15.89%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 43.4°F (January), 73.9°F (July).
- Average rainfall: 30.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $107,487.
- Average annual spending: $70,704.
Property Features:
- Prime location: 1 block from Piedmont Ave boutiques, eateries, and shopping; walkable to Rockridge shopping center, Grand Ave, Lake Merritt, and Kaiser Hospital.
- Unit Mix:
- Upper floor: 2 units (can be used as 2-bedroom/1 bath each).
- Lower floor: 2 units (1-bedroom/1 bath each, with formal dining rooms).
- Recent Upgrades:
- Three of four units upgraded in 2022 (new kitchens, bathrooms, appliances, in-unit washer/dryer or combo).
- Windows, roof, and sewer replaced; pest control completed.
- Utilities:
- Separately metered for PG&E.
- Low expenses; owner pays water and garbage in some units.
- Parking: Four off-street spaces in backyard.
- Potential:
- Possible to add laundry equipment (buyer to verify).
- Stable market rent income and potential for future growth.
- No smoking, no pets (for some units).
- Well-maintained and managed; great tenant profile.
Location Benefits:
- Walkable convenience to shopping, restaurants, public transit (BART and bus nearby), and major highways (580 & 24).
- Desirable Montclair/Piedmont Ave neighborhood with Old World charm and tranquil setting.
- Strong investment opportunity: Two vacant units available for owner-occupant or investor; move-in ready.
- Community amenities: Family-friendly, vibrant, and growing area with easy access to urban conveniences.