Property Overview:
614 S 33rd St is a multi-family triplex in Richmond, CA, built in 1952. It offers 2,525 sq. ft. of living space on a 5,000 sq. ft. lot. The property includes two 2-bedroom/1-bath units and a large studio apartment. Features include a parking garage, gated off-street parking, and a small garden area. The property is vacant and listed for $750,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 24% (higher than state average of 11.8%).
- Property crime risk: 17.4% (higher than state average of 10.8%).
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Schools:
Nearby schools include John F. Kennedy High, Caliber: Beta Academy, and Lovonya DeJean Middle.- Average SAT score: 954 (Math: 484, English: 470), below state average of 975.
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Job Market:
- 59.5% white-collar jobs, 40.5% blue-collar jobs.
- Unemployment rate: 7.0% (higher than state average of 4.7%).
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Demographics:
- Community population: 34,685 (5.9% growth since 2000).
- 65.2% families with children.
- Largest age group: 25-34 years (15.82%); second largest: 35-44 years (14.44%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.5°F (January), 77.2°F (July).
- Average rainfall: 17.6 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $48,541.
- Average annual spending: $42,023.
Property Features:
- Triplex: Two 2-bedroom/1-bath units and one large studio.
- Recently refreshed: Upgraded bathrooms, stone countertops in kitchens, and new appliances.
- All units separately metered.
- Remodeled upper-unit apartment: Laminate flooring, built-in cabinets, gas stove, refrigerator, in-unit laundry, and one parking stall.
- Potential for small business/storefront.
- Bright corner lot with landscaping and gated parking.
- Easy access to freeways and public transportation.
- Rent example: 2BD/1BA unit at $2,150/month (+$30/month for resident benefit package).
- Owner pays for garbage only; no pets allowed.
Location Benefits:
- Commuter-friendly: Easy access to freeways and public transportation.
- Flexible investment: Ready to rent or occupy; potential for business use.
- Family-oriented community with a growing population.