$625,000

4031 Penniman Ave Oakland, CA 94619

Allendale Neighborhood

Estimated payment $3,679/month

Total Views 169
4 Beds
2 Baths
1,450 Sq Ft
$431 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Back, Front, and Side Yard
  • Corner Lot
  • 2 Car Detached Garage
  • Heating System Uses Natural Gas

About This Home

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.

Listing Agent

Michelle Thomas

Complex Living Real Estate License #02122327 Listed on: 09/14/2025

Co-Listing Agent

Erica Jackson

Complex Living Real Estate License #01913898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,187

Year Built

  • Built in 1954

Lot Details

  • 3,590 Sq Ft Lot
  • Corner Lot
  • Back, Front, and Side Yard

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Frame Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Delta Association
  • Allendale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,187

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Features: Corner Lot
  • LotSizeAcres: 0.08
  • Has HOA?: No
  • Co List Office Mls Id: DCOMPLX
  • Co List Office Mls Id: DCOMPLX
  • Special Conditions: Offer As Is
  • Subdivision Name: ALLENDALE
  • Directions: use GPS
  • Architectural Style: None
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1450
  • Is New Construction?: No
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Flooring: Wood
  • Total Bedrooms: 10
  • Stories: 1
  • RoomKitchenFeatures: None

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Frame
  • Exterior Features: Back Yard, Front Yard, Side Yard
  • Property Condition: Existing

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Has Attached Garage?: Yes
  • Parking Features: Detached, Parking Spaces
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Hookups Only
  • Cooling: No Air Conditioning
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: DELTA

Lot Info

  • Lot Size Sq Ft: 3590

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,187 $54,200 $20,737 $33,463
2024 $4,187 $53,138 $20,331 $32,807
2023 $3,001 $52,095 $19,932 $32,163
2022 $2,893 $51,074 $19,541 $31,533
2021 $2,412 $50,072 $19,158 $30,914
2020 $2,750 $49,560 $18,962 $30,598
2019 $11,057 $700,000 $210,000 $490,000
2018 $4,882 $47,634 $18,225 $29,409
2017 $1,960 $46,701 $17,868 $28,833
2016 $2,487 $45,785 $17,518 $28,267
2015 $2,349 $45,098 $17,255 $27,843
2014 $1,768 $44,215 $16,917 $27,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2025 09/14/25 For Sale $625,000 -- $431 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Ticor Title
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $90,500 Unknown
Source: Public Records

Source: bridgeMLS

MLS Number: 41111583

bridgeMLS

APN: 032-2055-004-00

California Alameda County Oakland 94619 Allendale

4031 Penniman Ave, Oakland, CA

This home is located at 4031 Penniman Ave, Oakland, CA 94619 and is currently priced at $625,000, approximately $431 per square foot. This property was built in 1954. 4031 Penniman Ave is a home located in Alameda County with nearby schools including Allendale Elementary School, Bret Harte Middle School, and Skyline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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Listing Agent
Michelle Thomas
Complex Living Real Estate