Why Live in Lakeshore
Lakeshore, a historic residential neighborhood in Oakland’s Lower Hills District, is named after the popular Lake Merritt. The area, designed by the Olmsted Brothers, features curvilinear streets that follow the natural hills and is known for its Italianate, Spanish, Tudor, and Colonial-style homes. These homes often retain their traditional charm even after modern renovations. The neighborhood is highly regarded for its schools, with Crocker Highlands Elementary School and Oakland Technical High School both receiving high ratings. Families in Lakeshore enjoy a strong sense of community, supported by events like the Crocker Carnival and Walk-a-Thon. Outdoor activities are plentiful, with Oak Grove Park and the parks around Lake Merritt offering trails and green spaces for hiking, jogging, and walking. The Grand Lake Theater, an Art Deco landmark, anchors the local shopping district and screens first-run movies. Dining options include Café Romonat, known for its Ethiopian cuisine, and The Cat House, a vintage-style lounge. Essential shopping needs are met by Trader Joe’s and Walgreens. Lakeshore is bordered by Interstate 580, providing easy access to I-980 and the rest of Oakland, while the Lake Merritt BART Station offers convenient public transportation. Crime rates in Lakeshore are comparable to the national average, making it a practical choice for potential homebuyers.
Frequently Asked Questions
Is Lakeshore a good place to live?
Lakeshore is a good place to live. Lakeshore is considered very walkable and bikeable with good transit options. Lakeshore has 6 parks for recreational activities. It is very dense in population with 18.9 people per acre and a median age of 44. The average household income is $171,241 which is above the national average. College graduates make up 78.4% of residents. A majority of residents in Lakeshore are renters, with 61.3% of residents renting and 38.7% of residents owning their home. A
local real estate agent serving Lakeshore can help you decide if this neighborhood is the right one for you. Learn more on our
Lakeshore neighborhood guide.
How much do you need to make to afford a house in Lakeshore?
The median home price in Lakeshore is $709,500. If you put a 20% down payment of $141,900 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,670 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $157K a year to afford the median home price in Lakeshore. The average household income in Lakeshore is $171K.
What are the best public schools in Lakeshore?
The best public schools that serve Lakeshore are:
What are the best private schools in Lakeshore?
The best private schools that serve Lakeshore are:
What are the most popular zip codes in Lakeshore, Oakland, CA?
What are the most popular neighborhoods near Lakeshore, Oakland, CA?
Home Trends in Lakeshore, CA
On average, homes in Lakeshore, Oakland sell after 152 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeshore, Oakland over the last 12 months is $530,000, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$530,000
Median Single Family Sale Price
$670,000
Median 2 Bedroom Sale Price
$390,000
Median 1 Bedroom Sale Price
$569,000
Average Price Per Sq Ft
$316
Number of Homes for Sale
3
Last 12 months Home Sales
7
Median List Price
$709,500
Median Change From 1st List Price
16%
Median Home Sale Price YoY Change
-12%