Property Overview:
985 39th St is a multi-family home (triplex) in Oakland, CA, built in 1925. It features 4 bedrooms, 3 bathrooms, and 2,179 sq. ft. of living space. The property includes a parking garage and is currently fully rented with month-to-month tenants. Estimated rental income is over $6,800/month.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 24.8% (higher than state average of 11.8%).
- Property crime risk: 26.9% (higher than state average of 10.8%).
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Schools:
Nearby schools include Oakland Military Institute College Preparatory Academy, North Oakland Community Charter, and Westlake Middle.- Average SAT score: 776 (below state average of 975).
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Job Market:
- 55.8% white-collar jobs, 44.2% blue-collar jobs.
- Unemployment rate: 7.3% (higher than state average of 4.7%).
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Demographics:
- Community population: 23,117 (3.7% growth since 2000).
- 48.9% families with children.
- Largest age group: 25-34 years (23.34%); second largest: 35-44 years (17.05%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.2°F (January), 73.6°F (July).
- Average rainfall: 29.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $46,298.
- Average annual spending: $40,718.
Property Features:
- Triplex: Main house in front, two additional units in back.
- Main House:
- Spacious formal living room with gas fireplace.
- Elegant dining area leading to a modernized kitchen with updated countertops.
- Two bedrooms and full bath off main hallway.
- Bonus room (office/lounge) with direct access to private backyard.
- Lower Unit:
- One bedroom plus bonus room.
- Refinished Pergo flooring.
- Open living/dining area.
- Upper Unit:
- One bedroom/bonus room.
- Living room, kitchen, and bathroom with refinished floors.
- Outdoor Space:
- Large, gated private backyard with fruit trees.
- Parking: Garage included.
- Utilities: Sellers pay water and garbage.
- Buyer responsible for sewer lateral.
Location Benefits:
- Prime location on the Oakland/Emeryville border.
- Highly accessible:
- 4-minute walk to Safeway.
- 5-7 minute drive to MacArthur BART Station.
- Close to shopping: Home Depot, Nordstrom, Target.
- Quick access to Highways 580, 880, and 80 for easy commute to San Francisco and San Jose.
- Strong investment opportunity with high rental income and fully rented units.
- Open Houses: Sat/Sun 3/22 & 3/23, 1-4 pm.
- Do not disturb tenants; contact listing agent for showings.