Welcome to 4031 Penniman Ave, a rare investment opportunity in the heart of Oakland’s desirable Allendale neighborhood! This single-level 2-unit duplex features a total of 4 bedrooms and 2 bathrooms across 1,450 sq. ft., offering incredible potential for homeowners and investors alike. Each unit boasts spacious living areas and private backyard access, providing the perfect canvas to create your dream space. While the home needs some TLC, its prime location and competitive price make it a fantastic value in today’s market. Whether you’re looking to renovate and rent, live in one unit and rent the other, or maximize your ROI, this property is a must-see! Perfect for future ADU. With easy access to highways, BART, shopping, and restaurants, 4031 Penniman Ave offers both convenience and potential in one of Oakland’s up-and-coming areas. Don’t miss out on this chance.
Listed by Michelle Thomas
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License #02122327
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Complex Living Real Estate
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rewithmichelle@gmail.com
Listed by Erica Jackson
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License #01913898
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Complex Living Real Estate
Last updated September 21, 2025
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Source: bridgeMLS #41111583
Listing Facts
TypeSingle-family
NeighborhoodAllendale
Bedrooms4
Bathrooms2
Days on Prevu38
Size1,450 sqft
Price per sqft$431
Amenities
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/14/2025
Listed by Complex Living Real Estate
$625,000
Property Details for 4031 Penniman Ave
Exterior
Construction
Stories: 1
Year Built: 1954
Construction Materials: Frame
Exterior Features: Back Yard, Front Yard, Side Yard
Measurements
Building Area Total: 1,450
Lot Features: Corner Lot
Lot Size Acres: 0.08
Lot Size Area: 0
Lot Size Square Feet: 3,590
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 3220554
Interior
Features
Flooring: Wood
Measurements
Living Area: 1,450
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Rooms Total: 10
Other
Location
Subdivision Name: ALLENDALE
Parking
Parking
Covered Spaces: 2
Garage Spaces: 2
Parking Features: Detached, Parking Spaces
Utilities
Equipment
Cooling: No Air Conditioning
Electric: No Solar
Heating: Electric, Natural Gas
Has Heating: Yes
Laundry Features: Hookups Only
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
