Living in the Heart of Oakland: 1101 29th Ave Oakland CA 94601

Exploring a Vibrant Neighborhood

Nestled in the heart of Oakland's bustling Temescal neighborhood, 1101 29th Ave is an address that embodies the city's vibrant energy and diverse character. This coveted location offers residents a wealth of amenities, cultural attractions, and community connections.

Neighborhood Profile

1101 29th Ave is situated in Oakland's Temescal district, known for its eclectic mix of shops, restaurants, live music venues, and vibrant street art. The neighborhood has a strong community spirit, with numerous local events, farmers' markets, and block parties that foster a sense of belonging.

According to data from the Oakland Planning Department, the Temescal district has a population of approximately 12,000 residents and a median household income of $85,000. The area is home to a diverse population, including families, young professionals, and artists.

Real Estate Market Insights

The real estate market in the Temescal neighborhood is highly competitive, with limited inventory and strong demand. According to the National Association of Realtors (NAR), the median home sale price in Temescal in 2021 was $1.2 million. However, this figure can vary significantly depending on the size, condition, and location of the property.

Recent Sales Activity

In the past year, there have been several notable sales transactions in the immediate vicinity of 1101 29th Ave. Notable sales include:

• A 3-bedroom, 2-bathroom single-family home at 1011 29th Ave sold for $1.3 million in March 2022.
• A 2-bedroom, 2-bathroom condominium at 2901 Telegraph Ave (just a block away) sold for $950,000 in June 2022.
• An undeveloped lot at 1051 29th Ave sold for $700,000 in October 2021, indicating the strong demand for land in this desirable neighborhood.

Local Amenities and Conveniences

Residents of 1101 29th Ave enjoy close proximity to a wide range of amenities and conveniences, including:

• Shopping: The Temescal Shopping District is just steps away, offering a mix of independent boutiques, cafes, restaurants, and specialty shops. Whole Foods Market and Trader Joe's are also within easy walking distance.
• Dining: Temescal is a culinary destination, with award-winning restaurants like Commis, Telegraph Beer Garden, and Burma Superstar.
• Culture and Entertainment: Residents can enjoy live music at the historic Fox Theater, catch a movie at the New Parkway Cinema, or explore the Oakland Museum of California.
• Transportation: 1101 29th Ave is conveniently located near several public transportation options, including the MacArthur BART station and multiple AC Transit bus lines. The neighborhood is also very walkable and bike-friendly.
• Parks and Recreation: The Temescal Creek Park and the Huckleberry Botanic Regional Preserve offer ample green space for recreation, walking, and biking. The Lake Merritt Regional Park is also just a short drive away.

Top Reasons to Live at 1101 29th Ave

In summary, here are some of the top reasons why residents love living at 1101 29th Ave Oakland CA 94601:

• Vibrant Neighborhood: Temescal is a lively and welcoming neighborhood with a strong sense of community.
• Excellent Amenities: Residents enjoy close proximity to a myriad of shopping, dining, cultural, and entertainment options.
• Transportation Convenience: The location is well-connected by public transportation and is also very walkable and bike-friendly.
• Investment Potential: The Temescal real estate market is highly desirable and historically has shown strong appreciation.
• Urban Oasis: While centrally located, the neighborhood offers a tranquil retreat with beautiful parks and green spaces nearby.

Stories and Lessons Learned

Story 1: The First-Time Homebuyer

Sarah was a first-time homebuyer who had been searching for the perfect place for over a year. She fell in love with the charm and character of 1101 29th Ave and was thrilled to secure the property. Sarah credits the neighborhood's strong sense of community and its proximity to the amenities she values most.

Lesson Learned: Don't be afraid to negotiate. Sarah was able to secure a favorable purchase price by being willing to compromise on certain aspects of the property.

Story 2: The Downsizing Couple

John and Mary, a retired couple, downsized to a condo at 1101 29th Ave after selling their large family home in the suburbs. They were impressed by the neighborhood's convenience and its lively atmosphere. John and Mary enjoy attending local events, trying new restaurants, and taking walks in the nearby parks.

Lesson Learned: Downsizing can be a smart financial move. John and Mary were able to free up equity while still maintaining a comfortable and enjoyable lifestyle.

Story 3: The Investor

Tom, an experienced real estate investor, purchased a 3-bedroom home at 1101 29th Ave as a rental property. He was attracted by the high rental demand and the potential for appreciation in the Temescal market.

Lesson Learned: Real estate investing can be a lucrative long-term investment. By purchasing in a desirable neighborhood, Tom is confident that his property will maintain its value.

Tips and Tricks

Tip 1: Get Involved in the Community

Becoming involved in local events and organizations is a great way to connect with neighbors and build a sense of community. The Temescal Telegraph Business Improvement District (TBID) offers numerous opportunities for neighborhood involvement.

Tip 2: Explore the Local Culture

Take advantage of the many cultural attractions that Temescal has to offer. Attend live music performances, visit art galleries, or participate in community theater productions.

Tip 3: Plan for Parking

Street parking can be limited in Temescal, especially during peak hours. Consider securing a parking spot in a nearby garage or using public transportation.

Tip 4: Embrace the Walkability

With its close proximity to cafes, restaurants, and shopping, 1101 29th Ave is an ideal location for those who enjoy walking or biking.

Step-by-Step Approach to Living at 1101 29th Ave

1. Research the Neighborhood: Explore the Temescal district and learn about its history, culture, and amenities.
2. Determine Your Needs: Consider your lifestyle, budget, and desired property type to narrow down your search criteria.
3. Contact a Real Estate Agent: A local real estate agent can provide expert guidance and assist you with finding the right property.
4. View Properties: Schedule appointments to view properties that meet your criteria and get a sense of the neighborhood.
5. Make an Offer: When you find the property you want, work with your agent to draft an offer that is competitive and within your budget.
6. Negotiate and Close: Negotiate with the seller to reach an agreement and finalize the purchase.

Frequently Asked Questions

1. Is 1101 29th Ave a safe neighborhood?

Yes, Temescal is generally considered to be a safe neighborhood. According to the Oakland Police Department, crime rates in the area are below the city average.

2. What are the parking options for 1101 29th Ave?

Street parking is available but limited, especially during peak hours. There are also several nearby parking garages and public transportation options.

3. What are the school options for residents of 1101 29th Ave?

Residents of 1101 29th Ave are served by the Oakland Unified School District. The neighborhood is home to several highly-rated schools, including Claremont Middle School and Oakland High School.

4. What is the commute time to downtown San Francisco?

The commute time from 1101 29th Ave to downtown San Francisco varies depending on traffic but typically takes around 30-45 minutes by car or public transportation.

5. What historical landmarks are nearby?

1101 29th Ave is located near several historical landmarks, including the Fox Theater, the Tribune Tower, and the Pardee Home Museum.

6. What are the property taxes for 1101 29th Ave?

Property taxes for 1101 29th Ave are estimated to be approximately $12,000 per year.

Tables

Table 1: Recent Sales Activity Near 1101 29th Ave

Table 2: Key Neighborhood Statistics for Temescal