Property Overview:
5340 Broadway Terrace, Suite 101 is a condominium in the heart of Rockridge, Oakland, CA 94618, built in 1971. This light-filled, tastefully modernized unit offers 2 bedrooms, 2 bathrooms, and 1,159 sq. ft. of living space. Features include oversized windows, an open floor plan, an eat-in kitchen with dining nook, an owner’s suite, and abundant storage. The home is level-in but perched above the street, with a landscaped wrap-around terrace and panoramic bay views. Secured parking and pet-friendly (with restrictions).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 29.8% (higher than state average of 11.8%)
- Property crime risk: 25.6% (higher than state average of 10.8%)
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Schools:
Nearby schools include Claremont Middle, Oakland Technical High, Chabot Elementary, Emerson Elementary, Rockridge Montessori School, and Little Elephant Montessori School.- Average SAT score: 776 (below state average of 975)
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Job Market:
- 76.4% white-collar jobs, 23.7% blue-collar jobs
- Unemployment rate: 3.4% (lower than state average of 4.7%)
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Demographics:
- Community population: 16,714 (decreased by -0.6% since 2000)
- 53.1% families with children
- Largest age group: 35-44 years (17.34%), second largest 25-34 years (15.41%)
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Natural Disaster Risk:
- Very high earthquake risk, very low tornado risk, minimal flood risk
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Weather:
- Average temperature: 43.5°F (January), 74.2°F (July)
- Average rainfall: 30.6 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $95,774
- Average annual spending: $66,997
Property Features:
- Contemporary and fully updated with stylish kitchen and bathroom upgrades
- Milgard dual-paned windows and wood floors
- Wraparound outdoor patio with planting boxes and bay/hill views
- Newer stainless steel appliances, quartz countertops, and artisan tile backsplash
- Dining area with bay views and design-forward lighting
- Primary suite with dedicated bathroom and views
- Deeded parking space and convenient on-floor laundry
- Recently updated building lobby
- Secured parking with internal building access
- Pet-friendly (with restrictions)
Location Benefits:
- Prime Rockridge location near College Avenue’s restaurants, boutiques, coffee shops, and markets
- Close to Claremont Country Club
- Excellent transit access: near Rockridge BART, TransBay bus line, and AC Transit
- Urban paradise with easy access to the best of Oakland and San Francisco
Market & Value:
- Recent sale: $980,000 (07/24/2020)
- Estimated current value: ~$495,100 (varies by source)
- Average sale price for similar homes: $990,751 – $1,231,404