$722,371Average Value$361Average Price per Sq Ft1Home For Sale
Urban activity surrounds historic homes in downtown Oakland
Homes are hard to come by in the neighborhood of Broadway-Valdez, but those who secure a spot find themselves in the ultimate urban environment with work, shopping and recreation opportunities often within walking distance or a BART ride away. This lively neighborhood at the northwest tip of Lake Merritt has been transformed. New, mixed-use, multi-family buildings line the Broadway corridor between Grand Avenue and the MacArthur Freeway alongside some older, historic buildings. It’s a prime location between Oakland's downtown and trendy cultural destinations in the Grand Lake District. “Broadway-Valdez was an industrial warehouse area until twenty or thirty years ago,” says Rich Fleming, a Realtor with Realty ONE Group Future and a longtime resident of the area. “It’s really turned over. There’s not a ton of single-family housing. You have a mix of art galleries and restaurants and there are a lot more rentals there. And it’s close to popular night life spots.”
Broadway-Valdez neighborhood is at the northwest tip of Lake Merritt .
Residents can enjoy the peace and tranquility of Lake Merritt.
Find your forever home among tall buildings in Broadway-Valdez, Oakland.
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Restaurants, bars and Gregory’s Gourmet Desserts
Whole Foods is right across Bay Place, a 5-minute walk from most residences. Eateries are clustered on 23rd Street and Grand Avenue, including Calabash, Todos Cantina, and Gregory’s Gourmet Desserts, which sells key lime pie and other desserts out of a basement. The owner of alaMar Dominican Kitchen appeared on Top Chef and now serves up favorites like Dominican Chimi Smashburgers. Cocktails are available at several bars, such as Sandbar and Viridian, located on the ground level of some of the mixed-use buildings. Clothing boutiques dot Broadway—McMullen and lululemon among them. A block away, the New Parkway Theater creates a comfortable dining experience in front of full-size movie screens. Dozens more restaurants and shops are just south in downtown Oakland.
The owner of alaMar Dominican Kitchen appeared on Top Chef and serves Smashburgers.
Locals eat at Agave Uptown in Broadway-Valdez.
Gourmet Desserts sells key lime pie and other desserts out of a basement in Broadway-Valdez.
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Homes are few and far between
A few historic homes near Lake Merritt are mixed in with new urban development, including blocks of pastel row homes built in the early 1900s. Many feature ornate trim, shaker siding and bay windows, while some have large Craftsman-style porches. These homes run from $650,000 to $1.1 million. Broadway-Valdez scores a 7 out of 10 on the CAP Crime Index, higher than the national average of 4.
Broadway-Valdez residents have a small but lovely selection of houses to choose from.
Broadway-Valdez has many new urban development places to live.
A handful of single family homes some have Craftsman-style porches in Broadway-Valdez.
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Lake Merritt offers a variety of recreational activities
With its proximity to Lake Merritt, the neighborhood is ideal for those who like to spend time outdoors. The walking trails and bike paths are well-used, and boating, sailing and gondola rides are available. The Gardens at Lake Merritt is a waterfront park with a half-dozen themed gardens and blooming floral landscapes. Crowds fill the Lake Merritt Amphitheater on the southern shore of the lake for events like Juneteenth and Oakland Vegfest in October. Also nearby is Snow Park, which has picnic tables, a playground and a putting green with views of the lake.
Locals love the scenery found at Lakeside Park in the heart of Oakland.
The Gardens at Lake Merritt is a true gem at Lake Merritt in Oakland.
Oakland locals get their daily exercise in at Snow Park.
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School choice district provides range of options for students
Broadway-Valdez students can take advantage of Oakland’s school-of-choice system, which lets parents apply for the school their child will attend. Nearby schools include Lincoln Elementary School, which is graded B-plus by Niche, C-minus-rated Westlake Middle School and A-rated Oakland Technical High School. Less than a mile east of Broadway-Valdez is A-rated AIMS College Prep, a public charter school serving kindergarten through 12th grade. In 2024, the senior class had a 100% college acceptance rate for the fifteenth year in a row.
Lincoln Elementary School is a great public school option.
Oakland Techical High School located in Temescal.
Westlake Middle School located in Oakland, CA.
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Walkability and regional access in central city neighborhood
Public transit is a major perk for area residents. The neighborhood is located between two major train stops, the 19th Street BART station and the MacArthur BART station. Buses stop on Broadway and Grand Avenues. Interstates 980 and 580 are a few blocks away, providing access to San Francisco across the Bay Bridge and Fremont to the south. Kaiser Permanente Oakland Medical Center is less than a mile north. The Oakland International Airport is 10 miles south.
Residents take their furry friend for a walk through Snow Park in Oakland.
I-980 and 580 are a few blocks away from Broadway-Valdez, providing access to San Francisco.
Broadway-Valdez has lots of public transportation options.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Broadway-Valdez, Oakland sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Broadway-Valdez, Oakland over the last 12 months is $1,130,000, up 35% from the median home sale price over the previous 12 months.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
