Oakland, CA 94611,355 Somerset RD
Listed by Faber Real Estate Team • Compass
Bought with Faber Real Estate Team • Compass

$1,500,000

$1,395,000

7.5%
Est.Price: ?

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Est. payment /mo

1,030 Beds

4 Baths

2,588 SqFt


SOLD DATE : 02/01/2022

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,588 sqft

Price per Sqft $579

MLS Listing ID 321112411

Sold Date 02/01/22

Bedrooms 1030

HOA Y/N No

Year Built 1949

Lot Size 7,113 Sqft

Property Description

Located near the border of Piedmont, this rare 4 unit property is a great opportunity to acquire a trophy property. Two units are 1 BA/1 BA/666 SqFt and two units are 1 BA/1 BA/621 SqFt. Two units are tenant-occupied. Each unit includes a garage. The market rent is significantly higher than the actual rent. Opinion of market rent on 12/01/2019 was $2,200/unit (source: appraisal report). EBMUD Compliance Certificate for Private Sewer Lateral. Excellent location and opportunity!

Location

State CA

County Alameda

Area Oakland Zip 94611

Interior

Heating Gas, Wall Furnace

Cooling None

Exterior

Garage Detached, Garage

Garage Spaces 4.0

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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Edwin & Miguel Alvarado

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1545 N Texas St, Fairfield, CA, 94533, USA

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