Homes for Sale in Grand Lake, Oakland, CA
Grand Lake or the Grand Lake District is a mixed-use neighborhood directly northeast of the Downtown district of Oakland, California. You’ll find the community to the north of Adams Point and Lake Merritt, west of Lakeshore, and south of Piedmont. The suburb offers some of the most conveniently located suburban residences in the region with easy access to everything you need and is a short 5-minute drive away from the city center. Busy professionals working in the area looking for a new home close to work will find properties here quite attractive for their needs. Nearby shopping malls, groceries, parks, schools, and so much more, the area is perfect for families looking for a move-in ready home in the city. Property values in the neighborhood have seen a steady increase thanks to revitalization projects done during the early 1990s. Two major shopping centers, one in Grand Avenue and the other in Lakeshore Avenue, also added to the many positive features of the community.
There’s a diverse mix of real estate options available to buyers considering purchasing a home in the Grand Lake neighborhood. For those looking for excellent investment opportunities, rent prices in the area are quite good, thanks to the demand for homes close to the downtown area. There are lots of low-rise apartment buildings and multi-family homes throughout the community, perfect for those looking to invest in real estate in Oakland. The most common property type, however, is the single-family homes built in the 1910s, which still line most of the suburban streets in the suburb. Residential prices in the area start at the $1 million price point and only go up from there. A lot of these homes were sold around $500,000 at the start of the century, so there’s a chance to build equity based on the history of the area. If you have questions about the neighborhood or would like to get more details about a specific listing in Grand Lake District, please send us a message or give us a call.
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Who is this neighborhood for
Grand Lake offers a wide array of real estate options attracting buyers of different budgets and lifestyles. There are lots of rental properties and multi-family homes for investors looking at good deals in the region. Families looking to move close to the city center will also find lots of single-family homes that will surely fit their criteria for a new home.
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Whether you’re looking to inquire about real estate in Oakland, would like to visit a particular property, or are ready to buy a new home, our team are ready to help. We’ll help walk you through the ins and outs of the real estate purchase process and help get you the best deal in the area. Please click the button down below and send us a message or give me a call today.