Theoretically, it's possible. The Java Serialization, like pretty much everything in Javaland, is standardized. So, you could implement a deserializer according to that standard in Python. However, the Java Serialization format is not designed for cross-language use, the serialization format is closely tied to the way objects are represented inside the JVM. While implementing a JVM in Python is surely a fun exercise, it's probably not what you're looking for (-:
There are other (data) serialization formats that are specifically designed to be language agnostic. They usually work by stripping the data formats down to the bare minimum (number, string, sequence, dictionary and that's it) and thus requiring a bit of work on both ends to represent a rich object as a graph of dumb data structures (and vice versa).
Two examples are JSON (JavaScript Object Notation) and YAML (YAML Ain't Markup Language).
ASN.1 (Abstract Syntax Notation One) is another data serialization format. Instead of dumbing the format down to a point where it can be easily understood, ASN.1 is self-describing, meaning all the information needed to decode a stream is encoded within the stream itself.
And, of course, XML (eXtensible Markup Language), will work too, provided that it is not just used to provide textual representation of a "memory dump" of a Java object, but an actual abstract, language-agnostic encoding.
So, to make a long story short: your best bet is to either try to coerce log4j into logging in one of the above-mentioned formats, replace log4j with something that does that or try to somehow intercept the objects before they are sent over the wire and convert them before leaving Javaland.
Libraries that implement JSON, YAML, ASN.1 and XML are available for both Java and Python (and pretty much every programming language known to man).