Why Live in Old Oakland
Old Oakland is a densely populated neighborhood known for its condo buildings, most of which were constructed in the late 1990s and early 2000s. These buildings typically have four or five stories and feature amenities such as private parking garages, rooftop patios, fitness centers, and additional storage units. Old Oakland is home to two small parks, Lafayette Square and Jefferson Square Park, which offer playgrounds, a baseball field, and a basketball court. The neighborhood is about 1 mile from Lake Merritt, a popular 155-acre body of water with a 3-mile trail for walking, running, or biking.
Local attractions include Swan’s Market, a historic marketplace with artisan food, restaurants, and an oyster bar, and the Old Oakland Farmers Market, held every Friday morning. Dining options like Oeste and Annapurna Restaurant provide diverse culinary experiences. The area also features boutiques, breweries, bookstores, and art galleries. The annual Honoring our Ancestors festival in October celebrates the neighborhood's diverse ethnicities with ceremonies, art, music, and dance. The Oakland Convention Center hosts various events, including conferences and youth sports tournaments.
Old Oakland is well-connected with the 12th Street BART station nearby, providing access to multiple train lines that travel to Richmond, Walnut Creek, San Francisco, and San Jose. Several bus stops and proximity to Interstate 880 offer additional transportation options. Oakland International Airport is about 8.5 miles away, and Alta Bates Summit Medical Center is approximately 2 miles from the neighborhood. Schools in the area include the highly rated Lincoln Elementary School and Oakland Technical High School.
Frequently Asked Questions
Is Old Oakland a good place to live?
Old Oakland is a good place to live. Old Oakland is considered very walkable and very bikeable with great transit options. Old Oakland has 8 parks for recreational activities. It is very dense in population with 23.0 people per acre and a median age of 43. The average household income is $117,847 which is above the national average. College graduates make up 48.5% of residents. A majority of residents in Old Oakland are renters, with 76.9% of residents renting and 23.1% of residents owning their home. A
local real estate agent serving Old Oakland can help you decide if this neighborhood is the right one for you. Learn more on our
Old Oakland neighborhood guide.
How much do you need to make to afford a house in Old Oakland?
The median home price in Old Oakland is $540,000. If you put a 20% down payment of $108,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,750 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $118K a year to afford the median home price in Old Oakland. The average household income in Old Oakland is $118K.
What are the best public schools in Old Oakland?
The best public schools that serve Old Oakland are:
What are the most popular zip codes in Old Oakland, Oakland, CA?
What are the most popular neighborhoods near Old Oakland, Oakland, CA?
Home Trends in Old Oakland, CA
On average, homes in Old Oakland, Oakland sell after 57 days on the market compared to the national average of 52 days. The median sale price for homes in Old Oakland, Oakland over the last 12 months is $635,000, up 34% from the median home sale price over the previous 12 months.
Median Sale Price
$635,000
Median Townhouse Sale Price
$785,000
Median 2 Bedroom Sale Price
$537,500
Median 1 Bedroom Sale Price
$440,000
Average Price Per Sq Ft
$509
Number of Homes for Sale
8
Last 12 months Home Sales
9
Median List Price
$540,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
34%