4809 Walnut St, Oakland, California 94619, Oakland, 94619 - 5 bed, 3 bath
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4809 Walnut St
Oakland, California 94619
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,242Sq Ft
4,080Lot Size
Property Price
LIST PRICE$988,888
EST. MARKET VALUE
$1,062,710
6% BelowMARKET VALUE
SUMMARY
This Maxwell Park Mansion is a Strong Value Opportunity, listed at $988,888—positioned well below the $1,036,624 Fair Market Value by 4%. This valuation gap offers $47,736 in Instant Equity. Featuring a Condition Rating of 2, this renovated home offers a versatile layout with a separate lower-level unit, perfect for house hacking. While local school ratings are modest, the property’s modern kitchen and ample off-street parking provide significant utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking income-producing potential.
Estimated Market Value
$1,062,710+$73,822 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 |
|---|---|---|---|---|---|---|
★ 4809 Walnut St Subject 5 bd · 3 ba · 2,242 sqft · $474 | $988,888* List Price | 5 | 3 | 2,242 | $474 | - |
A 3311 Kingsland Ave Sold 4 bd · 3 ba · 2,028 sqft · $518 · 0.5 mi | $1,050,000 | 4 | 3 | 2,028 | $518 | 0.5 mi |
B 2707 Monticello Ave Active 4 bd · 4 ba · 2,241 sqft · $482 · 0.1 mi | $1,080,000 List Price | 4 | 4 | 2,241 | $482 | 0.1 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.
Although built in 1923, the property has undergone a recent comprehensive renovation. It features a large kitchen with all new appliances, updated flooring, fresh paint, and modern windows, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property features a versatile layout with a lower-level unit including a separate entrance and kitchenette, offering excellent opportunities for rental income or multi-generational living.
- Modern Renovations
This Maxwell Park home has been beautifully updated with a large eat-in kitchen featuring brand-new appliances and refreshed living spaces, blending 1920s charm with modern convenience.
- Ample Off-Street Parking
A long driveway provides significant off-street parking, a highly desirable and rare asset in this Oakland neighborhood that adds convenience and security.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The local public schools assigned to this address currently hold low ratings (2/10), which may be a significant drawback for families prioritizing high-performing educational districts.
- Limited Lot Size
With a lot size of just 4,080 square feet for a large 5-bedroom residence, the outdoor yard space is relatively constrained compared to the substantial interior living area.
About 4809 Walnut St
So many rooms! So little time! This 5 bedroom, 3 full bath, perfectly located Maxwell Park Mansion is waiting for you. This beautifully renovated home offers over 2200 square feet of living space. Upstairs you will find the primary bed and bath, along with 2 additional bedrooms offering views of City just in time for FLEET WEEK! The upper floor also boast a living room with fireplace and separate formal dining room. Did I mention the LARGE eat in kitchen with all NEW appliances!? You can access the laundry room and ADU from upstairs. Lower portion of the home offers 2 bedrooms, 1 full bath and a small kitchenette with exterior access. LIVE UPSTAIRS RENT DOWNSTAIRS. LIVE DOWNSTAIRS RENT UPSTAIRS. Income producing possibilities abound. Home also has long driveway that provides plenty of off street parking!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,080 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Horace Mann Elementary School
Grades K-5 • 0.4 mi
2/10
Allendale Elementary School
Grades K-5 • 0.7 mi
2/10
Bret Harte Middle School
Grades 6-9 • 1.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,242 | 1,591.405 |
| Lot Size | 4,080 | 5,033.821 |
| Price | $988.9K | $1.04M |
| Price per sq ft | $441 | $611 |
| Built year | 1923 | 1927 |
| HOA | $0 | $227 |
| Days on market | 42 | 36 |
Pricing History
Listed for Sale
Sep 12, 2026
$988,888
Initial Listing
Sold
Feb 6, 2025
$618,000
Public Record