Bought with Faber Real Estate Team • Compass
$1,500,000
$1,395,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
355 Somerset RD Oakland, CA 94611
1,030 Beds
4 Baths
2,588 SqFt
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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