Property Overview:
557 63rd St is a duplex in Oakland, CA, built in 1910. It offers 3 bedrooms, 1 bathroom, and 1,992 sq. ft. of living space. The property includes a parking garage. The estimated home value is $884,000.
Neighborhood Highlights:
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Population:
- Community of 21,705 residents (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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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: Sankofa United, Claremont Middle, Berkeley Technology Academy.
- 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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Cost of Living:
- Median household income: $40,648.
- Average annual spending: $37,540.
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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.
Property Features:
- Duplex with three bedrooms, one bathroom, and 1,992 sq. ft.
- Parking garage included.
- Potential for customization and renovation.
- Spacious backyard—ideal for ADU, garden, or outdoor entertaining.
- Recent updates (in similar area homes): new electrical, HVAC, plumbing, solar panels, and new roof.
- Victorian exterior with modern interior (in comparable properties).
- High ceilings, polished hardwood floors, remodeled kitchens, and laundry area (in similar homes).
Location Benefits:
- Vibrant Bushrod/NOBE neighborhood near the Oakland/Berkeley border.
- Quiet street with established residents.
- Easy access to Temescal, Rockridge, Downtown Oakland, Berkeley, and parks.
- Commuter options: Transbay bus, BART, Emery-Go-Round, and local buses.
- Close to shopping (e.g., Berkeley Bowl) and Ashby BART.
- Great potential for both owner-occupants and investors.