$499,000
1,450
SQ FT
$344
SQ/FT
4031 Penniman Ave
@ Eastman - Allendale, Oakland
- 4 Bed
- 2 Bath
- 2 Park
- 1,450 sqft
- Oakland
-
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.
- Current Status
- New
- Original Price
- $499,000
- List Price
- $499,000
- On Market Date
- Apr 7, 2026
- Property Type
- Detached
- D/N/S
- Allendale
- Zip Code
- 94619
- MLS ID
- 41129918
- APN
- 3220554
- Year Built
- 1954
- Stories in Building
- 1
- Possession
- Subject To Tenant Rights, See Remarks
- Data Source
- MAXEBRDI
- Origin MLS System
- DELTA
Allendale Elementary School
Public K-5 Elementary
Students: 401 Distance: 0.3mi
Cornerstone Christian Academy
Private PK-10 Coed
Students: 16 Distance: 0.4mi
Melrose Leadership Academy
Public PK-8 Middle
Students: 538 Distance: 0.4mi
St. Lawrence O'toole Elementary School
Private K-8 Elementary, Religious, Coed
Students: 180 Distance: 0.5mi
American Christian Academy
Private 1-12 Religious, Nonprofit
Students: NA Distance: 0.6mi
Laurel Elementary School
Public K-5 Elementary
Students: 475 Distance: 0.6mi
- Bed
- 4
- Bath
- 2
- Parking
- 2
- Detached, Parking Spaces
- SQ FT
- 1,450
- SQ FT Source
- Public Records
- Lot SQ FT
- 3,590.0
- Lot Acres
- 0.08 Acres
- Pool Info
- None
- Kitchen
- None
- Cooling
- No Air Conditioning
- Disclosures
- None
- Entry Level
- Exterior Details
- Back Yard, Front Yard, Side Yard
- Flooring
- Wood
- Foundation
- Fire Place
- None
- Heating
- Electric, Natural Gas
- Laundry
- Hookups Only
- Main Level
- 1 Bedroom, 2 Bedrooms, 3 Bedrooms, 4 Bedrooms, 2 Baths, Primary Bedrm Suite - 1, Main Entry
- Possession
- Subject To Tenant Rights, See Remarks
- Architectural Style
- None
- Construction Status
- Existing
- Additional Miscellaneous Features
- Back Yard, Front Yard, Side Yard
- Location
- Corner Lot
- Roof
- None
- Water and Sewer
- Public
- Fee
- Unavailable
MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

