5340 Walnut St, Oakland, California 94619, Oakland, 94619 - 2 bed, 1 bath
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Oakland, California 94619
This 1926 Maxwell Park Bungalow is a Prime Investment Opportunity, listed at $649,000—positioned well below the $667,962 Fair Market Value by 2%. This valuation gap offers $18,962 in Instant Equity. Featuring a Condition Rating of 3, the home offers move-in ready interiors with refinished hardwood floors and an oversized garage/workshop with significant development potential. While local school ratings are modest, the commuter-friendly location near BART and major highways ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5340 Walnut St Subject | $649,000* List Price | 2 | 1 | 1,138 | $587 | - |
A 4409 Brookdale Avenue Sold | $595,000 | 3 | 2 | 1,104 | $539 | 0.6 mi |
B 5333 Hillen Dr Sold | $770,000 | 3 | 1 | 1,352 | $570 | 0.0 mi |
C 2837 Minna Ave Sold | $565,000 | 3 | 2 | 1,155 | $489 | 0.8 mi |
D 2911 Viola Street Sold | $536,000 | 2 | 1 | 764 | $702 | 1.0 mi |
E 4175 Culver St Active | $730,000 List Price | 2 | 1 | 1,074 | $680 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1926, the property is well-maintained and move-in ready. The kitchen has been updated with stainless steel appliances, and the hardwood floors are refinished. The overall condition suggests a renovation within the 5-15 year range, making it functional and clean without immediate need for major repairs.
This 1920s bungalow seamlessly blends original architectural details like refinished hardwood floors and classic built-ins with a modern, updated kitchen featuring stainless steel appliances.
The property includes an oversized garage with interior access and a large partial basement workshop, providing rare versatility for a home gym, studio, or potential future development.
Situated in the desirable Maxwell Park neighborhood, the home offers excellent proximity to the Laurel District, BART, and major highways (580, 13, and 880) for easy Bay Area access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1138, other record living area = 2044.
The assigned public schools for this address currently hold low ratings (mostly 2/10), which may be a deterrent for families prioritizing education or impact future appreciation.
With only one bathroom serving the entire household, the layout may present functional challenges for couples or small families compared to more modern multi-bath configurations.
Charming 1920’s 2 bedroom 1 bathroom bungalow in beautiful Maxwell Park. Step inside to a spacious warm and welcoming living room with brick fireplace, formal dining room with classic built-ins, and gleaming refinished hardwood floors throughout. The updated kitchen features stainless steel appliances and an adorable breakfast nook overlooking the serene backyard — the perfect spot for morning coffee or casual dining. Two nicely sized bedrooms offer comfortable retreats, complemented by a full bathroom featuring a shower over tub. A convenient stackable washer and dryer located just off the kitchen adds everyday ease and functionality. The expansive and private backyard with plum tree creates an ideal retreat for relaxing, entertaining, or al fresco dining under the stars. Outdoor enthusiasts will appreciate the endless possibilities — imagine lush gardens, a hot tub, outdoor lounge areas, or your own custom backyard oasis. An attached oversized garage with interior access is connected to a large partial basement/workshop area, plus a driveway for additional off-street parking. These provide exceptional possibilities such as hobby space, a home gym, studio space with abundant storage, or possible future development opportunities. Lovingly maintained and full of charm, this special home is truly a rare gem and an incredible opportunity. Ideally located near the shops, restaurants, and amenities of the Laurel District with convenient access to BART, East Bay Regional Park District parks, and Highways 580, 13, and 880 for easy commuting throughout the Bay Area.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 1,138 | 1,706.5 | 24% |
| Lot Size | 3,300 | 5,205.5 | 12% |
| Price | $649.0K | $950.0K | 15% |
| Price per sq ft | $570 | $610 | 35% |
| Built year | 1926 | 1936 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 122 | 1% |
May 15, 2026
$649,000
Initial Listing
Apr 24, 2009
$112,000
Public Record
Jan 11, 2007
$486,000
Public Record