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.
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.
See the properties helping shape the valuation.
Comparable sales
- 243 SF smaller
- 1 fewer bedroom
- 0.5 additional bathrooms
- 1,109 SF smaller lot
- 7 years older
- 55 SF smaller
- Similar lot size
- Same year built
- 55 SF smaller
- Similar lot size
- 5 years newer
A 1925 bungalow on 0.14 acres.
Building
Site & utilities
Maxwell Park
Researched nearby locations
Location
3121 Monticello Avenue, Oakland, CA 94619
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.
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.
A factual market snapshot around 3121 Monticello Avenue.
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.
Residential Detached Unit
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 243 SF smaller
- 1 fewer bedroom
- 0.5 additional bathrooms
- 55 SF smaller
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
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.