4117 G Penniman Ct, Oakland, California 94619, Oakland, 94619 - 2 bed, 2 bath
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4117 G Penniman Ct
Oakland, California 94619
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,173Sq Ft
3,456Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$751,422
6% BelowMARKET VALUE
SUMMARY
This Turnkey Modern Bungalow is a Strong Value Opportunity, listed at $699,000—positioned well below the $751,423 Fair Market Value by 6%. This valuation gap offers $52,423 in Instant Equity. Featuring a Mint Condition Rating after a studs-up renovation, the home includes a Converted Garage Studio and Solar Power. While school ratings are modest, the property’s high-end finishes and private outdoor oasis make it an ideal choice for first-time buyers or Owner-Occupants seeking a move-in ready, low-maintenance lifestyle.
Estimated Market Value
$751,422+$52,422 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4117 G Penniman Ct Subject | $699,000* List Price | 2 | 2 | 1,173 | $641 | - |
A 4241 Suter St Sold | $771,000 | 2 | 2 | 1,100 | $701 | 0.2 mi |
B 4220 Suter St Sold | $650,000 | 2 | 1 | 994 | $654 | 0.2 mi |
C 2720 Short St Sold | $520,000 | 2 | 1 | 897 | $580 | 0.3 mi |
D 2837 Minna Ave Sold | $565,000 | 3 | 2 | 1,155 | $489 | 0.1 mi |
E 3039 Modesto Ave Sold | $790,000 | 3 | 2 | 1,141 | $692 | 0.6 mi |
F 5340 Walnut St Sold | $730,000 | 2 | 1 | 1,138 | $641 | 0.7 mi |
G 4409 Brookdale Avenue Sold | $595,000 | 3 | 2 | 1,104 | $539 | 0.2 mi |
H 3535 Suter St Sold | $670,000 | 2 | 2 | 1,041 | $644 | 0.4 mi |
I 4175 Culver St Active | $675,000 List Price | 2 | 1 | 1,074 | $628 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive studs-up renovation including all major systems: electrical, plumbing, roofing, and a two-zone radiant heating system. The kitchen and bathrooms are fully modernized with high-end finishes, and the garage has been converted into a high-quality flexible living space, meeting the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The property features a comprehensive studs-up renovation including newer electrical, roofing, solar, and a two-zone radiant heating system, offering modern efficiency within a classic 1925 bungalow.
- Versatile Bonus Space
The converted garage, equipped with its own half bath and radiant heat, provides a highly functional flexible space ideal for a home office, studio, or guest quarters.
- Private Outdoor Oasis
Located at the end of a peaceful private court, the home offers a thoughtfully landscaped backyard with raised garden beds on timers and fruit trees, perfectly designed for indoor-outdoor entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1173, other record living area = 836.
- Low School Ratings
The assigned public schools for this location have relatively low ratings, ranging from 2 to 4, which may be a concern for families prioritizing academic performance.
- Limited Living Capacity
With only two bedrooms and a 1.5-bath configuration in the main house, the property may be too small for growing families or buyers requiring more traditional living space.
About 4117 G Penniman Ct
This light and bright modern bungalow has everything you could need in a home, and more. Located at the end of a peaceful private court in Allendale, this well-positioned 2bd/1.5ba home has been through a thorough studs-up renovation, with additions along the way. Newer systems include electrical, roofing, solar, plumbing, and radiant heat with two zones (more on that in a minute). The kitchen and bathrooms are both modern and functional, and the living space has been opened up into a great room, perfect for entertaining. French doors near the kitchen lead straight out to the backyard. It's clear the owners thought about how to use the outdoor space to maximize the property's utility. Dine al fresco, fire up the BBQ, play cornhole, pick a fresh lemon for your drink, or toss a passion fruit into your favorite smoothie. Raised beds on timers line the back of the home, ready for whatever you want to plant and eat. Even the garage has a second life. Converted into a flexible space with its own half bath and its own zone of radiant heat, it's ready to be an office, a Zoom room, a workshop, or just extra storage. Buyer to investigate. The home is sidewalk and sewer compliant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 3,456 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
Allendale Elementary School
Grades K-5 • 0.3 mi
2/10
United For Success Academy
Grades 6-8 • 0.8 mi
3/10
Bret Harte Middle School
Grades 6-9 • 1.1 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 | 1,173 | 1,630.086 |
| Lot Size | 3,456 | 5,044.686 |
| Price | $699.0K | $1.05M |
| Price per sq ft | $596 | $618 |
| Built year | 1925 | 1927 |
| HOA | $0 | $265 |
| Days on market | 13 | 37 |
Pricing History
Listed for Sale
Aug 27, 2026
$699,000
Initial Listing
Sold
May 14, 2015
$395,000
Public Record
Sold
Dec 3, 1998
$150,000
Public Record