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Updated over 4 years ago,
Breaking Down Oakland Districts and Neighborhoods
Hi all! I am looking to find my first deal, and I've decided to look into the Oakland area to perform my first house hack. Having talked to several friends, landlords, and tenants who have lived in the area, this is what I have gathered so far:
1. Higher End Neighborhoods
- - Piedmont
- - Temescal
- - Rockridge
- - Elmwood
- - Adams Point and Grand Lake
- - Uptown and Downtown
2. Growing Neighborhoods
- - West Oakland (not sure about which neighborhoods here)
- - Lower Bottoms
- - Emeryville (and parts of Oakland next to Emeryville)
- - Oakland Zoo Area (above the hill)
3. Neighborhoods to Avoid
- - East Oakland (especially east of Fruitvale)
- - West Oakland (South Prescott, Acorns)
4. To Look Into
- - Berkeley
- - East Oakland (above the hills; Montclair, Upper/Lower Dimond, etc.)
I generally see a tradeoff between sticker price (from amenities, bars/restaurants, general vibe), cash flow opportunity, potential appreciation (due to gentrification), safety, etc.
For those who are familiar with the Oakland area, what other considerations should I be looking at when house hacking my first deal?
Thank you for your inputs!