Why Live in Broadway-Valdez
Broadway-Valdez in Oakland has transformed from a neglected area known as “Auto Row” into a vibrant neighborhood with modern apartment complexes, shops, and excellent public transit access. The Broadway Valdez Plan, adopted in 2014, spurred the development of mixed-use, multi-family housing along Broadway between Grand Avenue and the MacArthur Freeway. This prime location is nestled between downtown Oakland and cultural hotspots like Piedmont Avenue and the Grand Lake District. Housing options include new condos, apartments, and historic single-family homes east of Broadway, featuring Craftsman and Mission Revival styles, many of which have been renovated with modern amenities. Local attractions include cafes, eateries offering Colombian, Mediterranean, and Mexican cuisine, and grocery stores like Whole Foods and Sprouts Farmer’s Market. Nearby landmarks include the Paramount and Fox theaters, Oakland City Hall, Lake Merritt, and the Oakland Museum of California. Outdoor enthusiasts can enjoy Oak Glen Park, Snow Park, and the Gardens at Lake Merritt. The neighborhood is served by Lincoln Elementary School, Westlake Middle School, and Oakland Technical High School, with Lincoln Elementary and Oakland Tech being highly rated. Public transit is a significant advantage, with proximity to the 19th Street and MacArthur BART stations and major bus lines. Broadway-Valdez offers a mix of contemporary living and historic charm, making it a notable downtown Oakland destination.
Frequently Asked Questions
Is Broadway-Valdez a good place to live?
Broadway-Valdez is a good place to live. Broadway-Valdez is considered very walkable and a biker's paradise with great transit options. Broadway-Valdez is a suburban neighborhood. Broadway-Valdez has 6 parks for recreational activities. It is very dense in population with 74.9 people per acre and a median age of 37. The average household income is $174,250 which is above the national average. College graduates make up 95.9% of residents. A majority of residents in Broadway-Valdez are renters, with 96.8% of residents renting and 3.2% of residents owning their home. A
local real estate agent serving Broadway-Valdez can help you decide if this neighborhood is the right one for you. Learn more on our
Broadway-Valdez neighborhood guide.
How much do you need to make to afford a house in Broadway-Valdez?
The median home price in Broadway-Valdez is $1,150,000. If you put a 20% down payment of $230,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $5,820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $249K a year to afford the median home price in Broadway-Valdez. The average household income in Broadway-Valdez is $174K.
What are the best public schools in Broadway-Valdez?
The best public schools that serve Broadway-Valdez are:
What are the best private schools in Broadway-Valdez?
The best private schools that serve Broadway-Valdez are:
What are the most popular zip codes in Broadway-Valdez, Oakland, CA?
What are the most popular neighborhoods near Broadway-Valdez, Oakland, CA?
Home Trends in Broadway-Valdez, CA
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.
Median Sale Price
$1,130,000
Median Single Family Sale Price
$1,995,000
Median Townhouse Sale Price
$1,130,000
Average Price Per Sq Ft
$361
Number of Homes for Sale
1
Last 12 months Home Sales
3
Median List Price
$1,150,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
35%