Property Overview:
551 53rd St is a duplex in Oakland, CA, built in 1912. It features 3 bedrooms, 2 bathrooms, and 2,031 sq. ft. of living space. The home includes a parking garage. The estimated home value is $864,500.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 29.2% (higher than state average of 11.8%).
- Property crime risk: 24.2% (higher than state average of 10.8%).
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Schools:
Nearby schools include Oakland International High, Emerson Elementary, and Claremont Middle.- Average SAT score: 776 (below state average of 975).
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Job Market:
- 60.3% white-collar jobs, 39.8% blue-collar jobs.
- Unemployment rate: 7.7% (higher than state average of 4.7%).
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Demographics:
- Community population: 21,705 (0.1% growth since 2000).
- 47.1% families with children.
- Largest age group: 25-34 years (25.91%); second largest: 35-44 years (17.67%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 43.9°F (January), 73.8°F (July).
- Average rainfall: 29.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $40,648.
- Average annual spending: $37,540.
Property Features:
- Remodeled duplex blending vintage charm with modern updates.
- Two spacious units with abundant natural light, new windows, paint, flooring, and fixtures.
- Kitchens: Stainless steel appliances, quartz countertops, soft-close cabinetry.
- Bathrooms: Tile floors, modern vanities, tub/shower combo or full stall shower.
- Flexible living options: Rent one unit, use as in-law suite, or potential to build an ADU.
- Exterior: Low-maintenance landscaping, deep fenced backyard, off-street parking, new porch, redwood decking, new roof.
- Certified remodel work: Sewer lateral, sidewalk, and permits up to date.
- Walk Score: 96 – steps from Temescal Alley, restaurants, shopping, bars, coffee shops, and parks.
- Close to: Telegraph Avenue, UCSF Children’s Hospital, Frogs Park, Ashby/Rockridge BART.
Location Benefits:
- Highly walkable and vibrant Shafter/NOBE neighborhood.
- Great investment opportunity with income potential.
- Commuter-friendly: Easy access to BART and major transit.
- Part of the Temescal School District.
- Surrounded by restaurants, shops, and community amenities.