Property Overview:
9603 Olive St is a duplex in Oakland, CA, built in 1944. It offers 4 bedrooms, 2 bathrooms, and 1,593 sq. ft. of living space. Each unit features 2 bedrooms and 1 bathroom. The property includes two 1-car garages with long side-by-side driveways and is currently vacant. The estimated home value is $717,300 (last sold for $435,000 in 2016).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 27.7% (higher than state average of 11.8%).
- Property crime risk: 23% (higher than state average of 10.8%).
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Schools:
Nearby schools include Elmhurst United Middle, Reach Academy, Castlemont High, and Lodestar: A Lighthouse Community Charter Public.- Average SAT score: 975 (matches state average).
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Job Market:
- 53.4% blue-collar jobs, 46.6% white-collar jobs.
- Unemployment rate: 9.4% (higher than state average of 4.7%).
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Demographics:
- Community population: 26,597 (0.8% growth since 2000).
- 74.8% families with children.
- Largest age group: 25-34 years (15.86%); second largest: 35-44 years (14.29%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.4°F (January), 75.2°F (July).
- Average rainfall: 24.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $40,467.
- Average annual spending: $37,455.
Property Features:
- Two 2-bedroom, 1-bathroom units—live in one and rent the other, or rent both for investment.
- Nice living areas with hardwood floors and fresh paint.
- Detached garages and long driveways (parking for up to 6 cars, RV parking possible).
- New iron fence recently installed.
- Needs some TLC (minor repairs/updates may be required).
- Delivered completely vacant—ready for new owner or tenants.
- Open houses and private showings by appointment (do not disturb occupants if still present).
Location Benefits:
- Convenient access to local mini-markets, parks, schools, Oakland Zoo, Bancroft Ave, and freeways 580 & 880.
- Family-oriented community with a high percentage of households with children.
- Investment potential: Flexible options for owner-occupancy or rental income.