Located in North Oakland, just a few miles from Berkeley, the Temescal neighborhood, named for the creek that runs through it, was once a thriving Italian-American village and the terminus of Oakland's streetcar line. In the past few years this long-overlooked nabe has been attracting buyers from pricier NoCal neighborhoods to its colorful, stucco-covered bungalows, many of which have small but sought-after backyards. Some people first discover Temescal while visiting its popular Sunday farmer's market or the growing number of restaurants, delis, and bakeries that are opening here, including the famed Bakesale Betty, which purportedly sells the best fried chicken sandwich on the planet. "It seems a lot of people are starting to look for places in Temescal now," says Deidre Joyner, a Realtor with Red Oak Realty. "That's probably because the two- and three-bedroom houses here are perfect starter homes." Temescal is also close to bus lines and freeways. And you can be in downtown San Francisco in less than 20 minutes, barring heavy traffic.
Many single-family homes here are 1920s bungalows that, while modest from the outside, are packed inside with architectural details, such as built-ins, moldings, wainscoting, and window seats. These houses start between $500,000 and $600,000. Pricey, yes, but that's a heck of a lot cheaper than a house, especially one with a yard, will run you in San Francisco or other nearby Oakland neighborhoods, such as Rockridge.
Why Buy Now?
If you found yourself priced out of the Bay Area during the housing boom, now's the time to give it another shot. Temescal borders pricier areas and is experiencing a domino effect as people scramble for more-affordable real estate. And did we mention that chicken sandwich?
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