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.
AGENT: Erica Jackson LISTING BROKERAGE: Complex Living Real Estate
Courtesy of Complex Living Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 4031 Penniman Ave
Oakland, CA
Property Details
Price:
$499,000
MLS #:
41129918
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ALLENDALE
Listed Date:
Apr 7, 2026
Finished Sq Ft:
1,450
Lot Size:
3,590 sqft / 0.08 acres (approx)
Year Built:
1954
Allendale
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Schools
Interior
Bathrooms
2 Full Bathrooms
Flooring
WOOD
Heating
ELC, GAS
Levels
A
Exterior
Attached Garage YN
1
Construction Materials
WOD
Garage Spaces
2
Parking Spots
2
Parking Total
2
Financial
Map
Community
- Address4031 Penniman Ave Oakland CA
- SubdivisionALLENDALE
- CityOakland
- CountyAlameda
- Zip Code94619
