4031 Loma Vista Ave, Oakland, California 94619, Oakland, 94619 - 2 bed, 2 bath
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4031 Loma Vista Ave
Oakland, California 94619
ACTIVE
CONDITION: TEAR DOWN
2Beds
2Baths
1,095Sq Ft
4,560Lot Size
Property Price
LIST PRICE$374,900
EST. MARKET VALUE
$365,716
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $374,900—positioned well below the $365,716 Fair Market Value by -2%. Featuring a Fair Condition Rating (6/10), the home requires significant renovation to address its non-functional kitchen and interior debris. The large lot and lower-level bonus room provide substantial upside for structural reconfiguration. Given the low-rated local schools, this asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive value-add project in the Laurel District.
Estimated Market Value
$365,716
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4031 Loma Vista Ave Subject | $374,900* List Price | 2 | 2 | 1,095 | $334 | - |
A 4031 Penniman Ave Sold | $450,000 | 4 | 2 | 1,450 | $310 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1945 (79 years old) with no evidence of modern renovation. The kitchen is non-functional and missing major appliances, the interior shows significant debris and exposed ductwork, and the listing explicitly targets contractors for an 'as-is' sale, indicating the structure is currently unlivable and holds primarily land/redevelopment value.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in Oakland's highly sought-after Laurel District, the property offers proximity to local amenities and a strong neighborhood reputation.
- High Investment Potential
Priced aggressively as an 'Investor Special,' this property provides a significant opportunity for equity growth through renovation and modernization.
- Versatile Lot and Layout
The home features a large backyard, an attached garage, and a lower-level bonus room, offering ample space for expansion or creative reconfiguration.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Significant Renovation Required
Sold in 'as-is' condition, the property requires substantial contractor work and capital investment to address its current state.
- Underperforming Local Schools
The assigned middle and high schools carry low ratings, which may impact the property's appeal to families prioritizing educational performance.
About 4031 Loma Vista Ave
Investor Special!!! Bring your contractor, investors and vision to this home in Oakland's desirable sought after Laurel District neighborhood. 2 Bedrooms, 1 1/2 bathrooms and lower level bonus room. Large backyard. Attached 1 car garage. Limitless potential. Bring your vision and creativity to this property and capitalize on its remarkable potential. Sold in AS/IS condition.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 4,560 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Laurel Elementary School
Grades K-5 • 0.3 mi
3/10
Redwood Heights Elementary School
Grades K-5 • 0.4 mi
5/10
Allendale Elementary School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,095 | 1,630.086 |
| Lot Size | 4,560 | 5,044.686 |
| Price | $374.9K | $1.05M |
| Price per sq ft | $342 | $618 |
| Built year | 1945 | 1927 |
| HOA | $0 | $265 |
| Days on market | 5 | 37 |
Pricing History
Listed for Sale
Sep 4, 2026
$374,900
Initial Listing
Sold
Dec 6, 2018
$515,000
Public Record