Business
Oakland Home Fetches $1.6 Million in Recent Real Estate Sale
A historic three-bedroom home in Oakland has been sold for $1,620,000, marking a significant transaction in the local real estate market. The property, located on the 700 block of Walavista Avenue, was sold on September 16, 2025, and the sale price translates to approximately $982 per square foot, based on its interior space of 1,650 square feet.
Built in 1923, this single-story residence features two bathrooms and includes one designated parking spot. The property is situated on a 5,000-square-foot lot, providing ample outdoor space for potential enhancements or landscaping.
The sale of this home is part of a broader trend in the neighborhood, where other properties have also recently changed hands. For instance, a 1,456-square-foot home on the nearby 600 block of Walavista Avenue sold for $1,340,000 in June 2024, equating to $920 per square foot. This property includes three bedrooms and one bathroom.
Additionally, another home located on the same block, measuring 1,725 square feet, was sold in April 2023 for $1,856,000, which amounts to $1,076 per square foot. This home features two bedrooms and two bathrooms.
The trend continues with a larger property on Balfour Avenue, where a 2,610-square-foot home was sold in September 2023 for $2,450,000, resulting in a price per square foot of $939. This residence boasts four bedrooms and four and a half bathrooms, demonstrating the diverse range of properties available in Oakland.
These recent transactions reflect a competitive real estate market in Oakland, where historic homes continue to attract significant buyer interest. The sale prices indicate a steady appreciation in property values, driven by the area’s appeal and demand for residential space.
For those interested in the evolving landscape of Oakland’s real estate market, these figures underscore both the investment potential and the vibrant community atmosphere that the region offers. As home sales continue to rise, observers will be keen to see how these trends develop in the coming months.
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