Oakland’s “Hot” Neighborhoods Seeing the Highest Appreciation

Gentrification is one word that could be used to describe the value appreciations predicted by Zillow for East Oakland neighborhoods such as North Stonehurst, which is next to San Leandro, St. Elizabeth, located in the middle of the Fruitvale district, the HIghland neighborhood, also bordering San Leandro, Columbia Gardens which is lcoated in the Elmhurst District, and Lockwood-Tevis, also in East Oakland. (1)

Oakland housing is less expensive than San Francisco, but all Bay Area neighborhoods have seen substantial value appreciation in the past several years. Because of this, neighborhoods adjacent to desirable neighborhoods start to become more attractive as more and more people are priced out and want to stay in the Bay Area. So families purchase homes, fix them up, new businesses move in and gentrification brings higher values to these neighborhoods. This is what East Oakland is now experiencing, making properties here an attractive investment for location and higher than average appreciations possible over the next several years.

BART makes it relatively easy to live in Oakland and commute for jobs in San Francisco or down to the Pleasanton/Dublin tech hub. The investments into these previously neglected neighborhoods benefits the city as a whole, according to Bill Keller, CEO of Oakland-based Community Bank of The Bay. San Franciso has seen similar gentrification in its previously neglected neighborhoods and now most all of San Francisco is highly desirable with values to match. Listed for sale is the 1912 Edwardian Estate, 117 Sheridan, Piedmont, offered at $7,250,000.

About Anian Tunney

Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2014 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. In 2014 she was The Grubb Company company-wide top producer. Additionally, Tunney has been number 1 in yearly real estate sales for The Grubb Company’s Piedmont office for the last 8 years. Anian was also ranked 129th in the Nation by REAL Trends the Thousand in July 2015. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.

A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.

Contact Information

Anian Tunney, Piedmont CA real estate agent broker associate
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog

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