Property Overview:
561 Oakland Ave is a multi-family apartment community in Oakland, CA, built in 1967. The property features 22 units (including a 1,500 sq. ft. penthouse, nine 2-bedroom/2-bath units, and twelve 1-bedroom/1-bath units), totaling 24,960 sq. ft. Amenities include garage parking, balconies with views, and on-site laundry. The complex is gated, smoke-free, and professionally managed.
Neighborhood Highlights:
-
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%).
-
Schools:
Nearby schools include Beach Elementary, Westlake Middle, and American Indian Public High.- Average SAT score: 1204 (above state average of 975).
-
Job Market:
- 76.7% white-collar jobs, 23.4% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
-
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%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 43.4°F (January), 73.9°F (July).
- Average rainfall: 30.5 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $107,487.
- Average annual spending: $70,704.
Property Features:
- Gated, four-story complex with secure entry and garage parking.
- Spacious, updated units with modern appliances (dishwasher, microwave, refrigerator, oven, garbage disposal).
- Balconies with views in select units.
- On-site laundry facilities and nearby 24-hour laundromat.
- Elevator in building.
- No smoking or pets allowed.
- Professionally managed by E.E.N Property Management, Inc.
- Lease terms: 12 months; 2-bedroom/2-bath units available for $2,495/month.
- Qualifications: Verifiable income ≥ 2.5x rent, good credit, no evictions, $40 credit check fee.
Location Benefits:
- Prime Grand Lake neighborhood near Piedmont Avenue shopping district (restaurants, cafes, boutiques, entertainment).
- Excellent transit access:
- Close to BART, major bus lines (AC-11, P, AC057), and casual carpool.
- Easy access to Highways 580 & 24.
- Walk Score: 84 (very walkable).
- Proximity to major employers:
- 0.4 miles to Kaiser Permanente
- 0.8 miles to Alta Bates Medical Center
- Nearby attractions:
- Lake Merritt, Morcom Rose Garden, Oakland Museum of California, Children’s Fairyland.
- Ideal for professionals and those seeking a vibrant, urban lifestyle with neighborhood charm.