4101 Mountain View Ave, Oakland, California 94605, Oakland, 94605 - 3 bed, 1 bath
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Oakland, California 94605
This Development-Ready Residential Asset is listed at $700,000, offering a stable acquisition at its $700,481 Fair Market Value. While the home carries a Condition Rating of 4 and requires modernization, it features high-quality carved wood beam ceilings and a functional layout. The primary value driver is the 18,700 sq ft total land across two parcels, providing Significant Development Potential for expansion or additional units. Positioned near Leona Canyon trails, this is a strategic opportunity for Fix-and-Flip Investors or Multi-Generational Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4101 Mountain View Ave Subject | $700,000* List Price | 3 | 1 | 1,332 | $526 | - |
A 7308 Altura Pl Sold | $760,000 | 3 | 1 | 1,142 | $665 | 0.9 mi |
B 5860 Leona St Sold | $760,000 | 3 | 2 | 1,577 | $482 | 0.2 mi |
C 7420 Sunkist Dr Sold | $685,000 | 3 | 2 | 1,178 | $581 | 0.9 mi |
D 3504 68th Ave Sold | $625,000 | 3 | 1 | 1,241 | $504 | 0.7 mi |
E 7415 Circle Hill Dr Sold | $825,000 | 2 | 2 | 1,290 | $640 | 0.8 mi |
F 6054 Outlook Ave Pending | $520,000 List Price | 3 | 1 | 1,118 | $465 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939, the property retains high-quality original features like hardwood flooring and carved wood beam ceilings. However, the kitchen is significantly outdated with older appliances, basic cabinetry, and linoleum flooring. The home's single bathroom and unfinished lower level, combined with the overall age of the systems, indicate that while the property is maintained, it requires modernization and minor repairs to meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10350, living area = 1332.
The property includes two parcels totaling approximately 18,700 sq ft, offering a rare opportunity to build an additional residence, create a multi-generational compound, or expand the existing footprint.
Built in 1939, the home retains classic charm with hardwood flooring, carved wood beam ceilings, and a fireplace, providing a high-quality aesthetic foundation for a modern restoration.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10350, other record lot size in square feet = 8362.
The current 3-bedroom layout is served by only one bathroom, which may require immediate capital improvement to finish the lower level and meet modern buyer expectations for convenience.
The assigned public schools for this address currently hold lower performance ratings (ranging from 2 to 4), which could be a deterrent for families prioritizing top-tier educational districts.
Opportunity-driven Leona Heights property offering approximately 18,700 sq ft of total land across two parcels, including Parcel #037-2686-005 (approx. 8,362 sq ft). The existing home spans approximately 1,332 sq ft with 3 bedrooms and 1 bathroom, featuring hardwood flooring, carved wood beam ceilings, and a fireplace anchoring the living room. Functional layout includes a formal dining area, eat-in kitchen, bonus room, and a large unfinished lower level with bath potential, laundry room, and adjacent workshop space. Sewer Lateral compliant.The expansive corner lot configuration opens multiple pathways for value creation: expand the current residence, design a multi-generational living setup, or explore development potential on the additional parcel (buyer to verify with city). The scale and layout support concepts ranging from a private urban farm to additional residential units or income-producing structures.Positioned with immediate access to Highways 13 and 580, the property is minutes from Redwood Regional Park, Leona Canyon trails, Oakland Zoo, and Redwood Square amenities including shopping and dining. A rare combination of usable land, structural foundation, and location-driven upside.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,332 | 1,357 | 48% |
| Lot Size | 10,350 | 5,865 | 86% |
| Price | $700.0K | $730.0K | 47% |
| Price per sq ft | $526 | $520 | 52% |
| Built year | 1939 | 1939 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 174 | 1% |
Mar 20, 2026
$700,000
Initial Listing