Homes/California/Oakland/3121 Monticello Avenue
CompCasa Property Analysis · single_family

3121 Monticello Avenue

Sprawling Maxwell Park Bungalow with Large Backyard & Garage

1925 bungalow offering hardwood floors, fireplace, and expansion potential

2 beds1 baths1,055 sq ftBuilt 19250.14 acres2-car attached
CompCasa valuation analysis
Estimated market value
$605,000
Low $580,000 · Midpoint $605,000 · High $630,000
Confidence82%Sales comparison approach
Last recorded sale$12,500May 31, 1996
Assessed value$149,5032025 assessment
CompCasa estimate$605,000Mar 6, 2026
Estimate vs. last recorded sale+$592,500 / +4740.0%
$580,000$605,000 midpoint$630,000
Price / sq ft$573
Median sale price$701,000
Avg days on market35 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $149,503 appears significantly below market.

About the property

Sprawling Maxwell Park Bungalow with Large Backyard & Garage

This classic 1925 Maxwell Park bungalow announces itself with a welcoming façade and a surprise most buyers crave in Oakland: a deep, private backyard accessed through original French doors. Inside, 1,055 square feet unfold with hardwood floors underfoot, a formal dining room for family gatherings, and a living room anchored by a working fireplace that speaks to the home’s era and charm. The layout feels compact but comfortable — two bedrooms, one full bath, and convenient indoor laundry all on a single level.

The kitchen and service areas reflect the property’s “average” condition and offer room for thoughtful updates; with a flat roof and wall furnace heating plus a window cooling unit, this bungalow is ideal for buyers who want character now and value-add potential over time. A notable practical asset is the attached 2-car garage and driveway, rare for many Oakland parcels and valuable for storage, hobbies, or potential conversion planning.

Outside, the nearly 6,109 sq ft lot (0.14 acre) is the story’s headline: lawns, mature plantings, and sunny space that could host an expanded patio, raised beds, or an accessory dwelling unit — zoning (RD-1) allows for ADUs subject to permit. French doors frame the backyard as a natural extension of the living space, making outdoor entertaining effortless. The property’s level lot and standard residential frontage on Monticello Avenue simplify access and future improvement plans.

Located in Maxwell Park, the home sits moments from Maxwell Park itself and close to Laurel District shopping, Dimond Park, and quick access to High Street and I-580. The neighborhood’s tree-lined streets and steady appreciation have made this pocket desirable; comparable bungalows nearby have sold in the $580K–$630K range in recent months. Important due diligence items remain: verify roof and foundation condition, review electrical and plumbing for upgrades, and confirm lot lines before any expansion. For a buyer seeking a character-filled starter or an investor eyeing upside through renovation or an ADU, 3121 Monticello presents a compelling, flexible canvas.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$560,000
Property address3131 Monticello Ave, Oakland, CA 94619
1 bed1.5 bath812 sq ftBuilt 19180.05 mi5,000 sq ft lot$690/SF
Sold Dec 21, 2020
Subject difference
  • 243 SF smaller
  • 1 fewer bedroom
  • 0.5 additional bathrooms
  • 1,109 SF smaller lot
  • 7 years older
Research comparison noteSmaller home with recent updates, sold in 2020
02Sold price$600,000
Property address3125 Monticello Ave, Oakland, CA 94619
2 bed1 bath1,000 sq ftBuilt 19250.02 mi6,000 sq ft lot$600/SF
Sold Nov 15, 2025
Subject difference
  • 55 SF smaller
  • Similar lot size
  • Same year built
Research comparison noteSimilar size and age, sold recently
03Sold price$620,000
Property address5000 High St, Oakland, CA 94619
2 bed1 bath1,000 sq ftBuilt 19300.3 mi5,500 sq ft lot$620/SF
Sold Oct 2, 2025
Subject difference
  • 55 SF smaller
  • Similar lot size
  • 5 years newer
Research comparison noteComparable size and condition, sold recently
Comp methodology: Focused on bungalows within 0.5 miles in Maxwell Park sold or leased in last 6 months for maximum relevance
Property details

A 1925 bungalow on 0.14 acres.

Building

Year built1925
ConstructionWood Frame
RoofFlat
Heatingwall furnace
Coolingwindow unit

Site & utilities

Lot size0.14 acres
Garage2-car attached
Stories1
ConditionAverage
BasementNone
FireplaceYes
Improvement notes2 bedrooms, 1 bathroom, hardwood floors, fireplace in living room, French doors to backyard, indoor laundry, formal dining room
Lot area6,109 sq ft
TopographyLevel
FrontageStandard residential frontage on Monticello Avenue
ParkingAttached Garage
Parking spaces2
Parking notes2-car attached garage
AccessStandard residential driveway from Monticello Avenue
WaterPublic
SewerPublic
ElectricPG&E
GasPG&E
Location & nearby

Maxwell Park

Researched nearby locations

Maxwell Park (0.3 mi)
Oakland Zoo (2.5 mi)
Laurel District Shopping (1.2 mi)
Dimond Park (1.5 mi)
Chabot Space & Science Center (3 mi)

Location

3121 Monticello Avenue, Oakland, CA 94619

View in Google Maps
Editorial neighborhood context

Maxwell Park is an established Oakland enclave known for mature trees, bungalow-style homes, and a strong community vibe. Residents enjoy quick trips to Maxwell Park itself, local cafes and shops in the Laurel District, and larger green spaces like Dimond Park and the Oakland Zoo. Commute options are straightforward via High Street and nearby I-580. The neighborhood blends quiet residential streets with easy access to shopping and recreation, attracting buyers who want neighborhood character plus practical conveniences.

Nearby access summary

Very good outdoor access: Maxwell Park is steps away, Dimond Park and the Oakland Zoo are within a few miles, and regional attractions like Chabot Space & Science Center are nearby — ample parks, trails, and recreation within a short drive.

ElementaryAllendale Elementary School (5/10)
Middle schoolFrick United Academy of Language (4/10)
High schoolSkyline High School (6/10)
School districtOakland Unified School District
Market context

A factual market snapshot around 3121 Monticello Avenue.

Median sale price$701,000
Avg days on market35 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Maxwell Park currently reads as a balanced market with a slight tilt toward sellers. Inventory sits at roughly 2.5 months, and the neighborhood’s average days on market is about 35 — transactions move steadily but without frenzy. Median sale price in the broader area is reported near $701,000, while recent comparable bungalow sales within a half-mile clustered between $580,000 and $630,000, supporting a fair market estimate around $605,000 for this property. One-year appreciation is modest (approximately 5%), while five-year appreciation has been strong (about 25%), reflecting ongoing demand for walkable, established Oakland neighborhoods. Single-family bungalows in Maxwell Park perform well relative to condos and multi-family units because of yard space and parking — both coveted features. Given limited inventory and steady buyer interest, now is a favorable time for sellers seeking to capture appreciation and for buyers who plan to renovate or add value through improvements or an accessory dwelling unit, but prudent buyers should account for potential update costs and obtain full inspections before purchase.

Zoning & land use

Residential Detached Unit

Zoning

Zoning codeRD-1
DescriptionResidential Detached Unit
JurisdictionCity of Oakland
Assessor useSingle Family Residential Homes Used as Such
Current useResidential
SetbacksFront 20', side 5', rear 15'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$49,834
Assessed improvements$99,669
Total assessed$149,503
Assessment year2025
Annual property tax$3,539
Tax year2025

Sale history

1996-05-31$12,500 · $12/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,700/mo
Property address3131 Monticello Ave, Oakland, CA 94619
1 bed1.5 bath812 sq ft$3.33/SF
Leased Aug 1, 2025
Subject difference
  • 243 SF smaller
  • 1 fewer bedroom
  • 0.5 additional bathrooms
Research comparison noteSmaller home with recent updates, leased recently
02Monthly rent$2,900/mo
Property address3125 Monticello Ave, Oakland, CA 94619
2 bed1 bath1,000 sq ft$2.9/SF
Leased Jul 15, 2025
Subject difference
  • 55 SF smaller
Research comparison noteSimilar size and age, leased recently
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value of $149,503 is significantly below estimated market value of $605,000
  • Zoned RD-1 allowing for single-family use with potential for accessory dwelling units
  • Comparable sales within 0.5 miles in the last 6 months range from $580K to $630K
  • Average days on market in Maxwell Park: 35 days
  • Property features include hardwood floors, fireplace, and French doors to backyard

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify condition of roof and foundation
  • Assess need for updates to electrical and plumbing systems
  • Review zoning regulations for potential additions or ADU
  • Professional home inspection
Highlights & features

What stands out about this property.

Interior Features

  • 2 bedrooms, 1 bathroom
  • Hardwood floors throughout primary living areas
  • Living room with functioning fireplace
  • Formal dining room
  • French doors opening to backyard
  • Indoor laundry
  • Window cooling unit
  • Wall furnace heating

Exterior & Lot

  • 0.14-acre lot (6,109 sq ft)
  • Expansive backyard with mature landscaping
  • Attached 2-car garage with driveway
  • Level topography, standard residential frontage
  • Flat roof (verify condition)
  • Potential space for ADU or expansion (zoned RD-1)

Location & Neighborhood

  • Maxwell Park neighborhood — tree-lined streets and community feel
  • Maxwell Park (0.3 mi)
  • Laurel District shopping (approx. 1.2 mi)
  • Dimond Park (approx. 1.5 mi)
  • Easy access to High Street and I-580 for commuting

Walkability & Recreation

  • Walkability Rating: 74/100 — Some errands can be done on foot
  • Nearby parks and green spaces: Maxwell Park, Dimond Park
  • Oakland Zoo (2.5 miles) and Chabot Space & Science Center (3 miles)
  • Local shopping and dining in the Laurel and Dimond corridors
  • Community recreation facilities and neighborhood greenways
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Compass listing for 3121 Monticello AvenueView source
2
Realtor.com listing for 3121 Monticello AvenueView source
3
PropertyShark report for 3121 Monticello AvenueView source
4
Redfin listing for 3121 Monticello AvenueView source
5
Homes.com listing for 3121 Monticello AvenueView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.