NOT LISTED FOR SALE

4139 Penniman Ave Oakland, CA 94619

Allendale Neighborhood

Estimated Value: $911,000 - $1,145,000

8 Beds
4 Baths
3,612 Sq Ft
$290/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,175,000 $325 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,121/month

13 Days on Market

Highlights

  • 0.25 Acre Lot
  • Tile Flooring
  • Back Yard
  • No HOA
  • Wall Furnace

About This Home

As of January 2024

The Mitchell Warren Team is pleased to present 4319 Penniman Ave, a well-maintained property containing four units in Oakland's Allendale neighborhood. The property consists of four (4) two-bedroom one bathroom units that will be delivered vacant. Two of those units have been completely rebuilt with all new finishes including new kitchen and baths, the remaining two units have new carpet amongst other things. The entire property has new electrical, plumbing, and new roof. Each unit is also individually metered for gas and electricity, limiting the operating expenses. Amenities include four off-street parking spaces, four single-car garage spaces, and an in-unit laundry. Perfect opportunity for an investor or owner occupier to secure an asset with little to no upkeep all while collecting steady income.

Last Agent to Sell the Property

Timothy Warren

Nai Northern California License #02008347 Listed on: 12/07/2023

Nai Northern California

Last Buyer's Agent

Mansoor Chandiwala

License #01378217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,669

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Back Yard

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • 3,612 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 3220572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,669

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Directions: High St to Penniman
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Carpet
  • Basement: None
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Other
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Space Per Unit - 1
  • Total Parking Spaces: 4

Utilities

  • Heating: Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s), No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 11011
  • Parcel Number: 3220572
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Mahmood Mohammed and Sabha Naaz Sabha
Bought by
Mohammed And Naaz Family Revocable Trust and Mohammed
Current Estimated Value
$1,047,317

Purchase Details

Listed on
Dec 7, 2023
Closed on
Jan 16, 2024
Sold by
William Murphy and Sherrell Murphy
Bought by
Mahmood Mohammed and Sabha Naaz Sabha
Seller's Agent
Timothy Warren
Nai Northern California
Buyer's Agent
Mansoor Chandiwala
List Price
$1,095,000
Sold Price
$1,175,000
Premium/Discount to List
$80,000
7.31%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.26%
Original Mortgage
$881,250
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2012
Sold by
Murphy William and Murphy Sherrell
Bought by
Murphy William and Murphy Sherrell
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mohammed And Naaz Family Revocable Trust -- None Listed On Document
Mahmood Mohammed $1,175,000 Old Republic Title Company
Murphy William -- None Available
Murphy William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahmood Mohammed $881,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,175,000 -- --
01/19/2024 01/19/24 Sold $1,175,000 +7.3% $325 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $1,095,000 -- $303 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,669 $1,198,500 $359,550 $838,950
2024 $7,669 $274,475 $112,590 $168,885
2023 $7,747 $268,955 $110,382 $165,573
2022 $7,233 $263,545 $108,218 $162,327
2021 $8,266 $258,241 $106,096 $159,145
2020 $6,369 $262,522 $105,009 $157,513
2019 $5,831 $257,375 $102,950 $154,425
2018 $5,694 $252,330 $100,932 $151,398
2017 $5,340 $247,382 $98,953 $148,429
2016 $5,110 $242,533 $97,013 $145,520
2015 $5,063 $238,890 $95,556 $143,334
2014 $5,069 $234,212 $93,685 $140,527
Source: Public Records

Agents Affiliated with this Home

  • Timothy Warren

    Seller's Agent in 2024

    Timothy Warren

    Nai Northern California

    (510) 336-4719

    1 in this area

    37 Total Sales

    Timothy Warren
    Section Image

  • M

    Buyer's Agent in 2024

    Mansoor Chandiwala

See All Agents

Map

Source: bridgeMLS

MLS Number: 41045637

bridgeMLS

APN: 032-2057-002-00

California Alameda County Oakland 94619 Allendale

4139 Penniman Ave, Oakland, CA

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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