Property Overview:
505 Nevin Ave is a single-family home in Richmond, CA, built in 2003. It features 4 bedrooms, 2 bathrooms, and 2,202 sq. ft. of living space. The home includes a parking garage. The estimated home value is $495,500.
Neighborhood Highlights:
-
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%).
-
Schools:
Nearby schools include Leadership Public Schools: Richmond, Lincoln Elementary, and Manzanita Middle.- Average SAT score: 954 (below state average of 975).
-
Job Market:
- 52.6% blue-collar jobs, 47.4% white-collar jobs.
- Unemployment rate: 10.2% (higher than state average of 4.7%).
-
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%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 52.7°F (January), 76.9°F (July).
- Average rainfall: 13.3 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $45,032.
- Average annual spending: $39,905.
Property Features:
- Well-maintained single-family house with in-law unit (converted from one-car garage, permit unknown).
- 4 bedrooms, 2.5 bathrooms, over 2,200 sq. ft.
- Convenient location, close to Kaiser.
- Potential for extra income: Live in one unit and rent the other.
- Spacious layout suitable for large families.
- Marketing highlights:
- “HUGE HOME AND BEST VALUE!”
- Brand new 3,000 sq. ft. home (as advertised), with huge master, workshop, and all amenities for a home this size.
Location Benefits:
- Family-oriented community with a high percentage of families with children.
- Population growth and diverse age groups.
- Convenient access to schools, healthcare, and local amenities.
- Mild weather year-round with no snowfall.
- Potential rental income from in-law unit.