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    355 Somerset Road

    Oakland, CA 94611
    • $1,500,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: 321045798
    $1,500,000
    • 4
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,588
      SQFT
    • $580
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    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!

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    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2021-07-30T23:56:33.817.
    www.hiraethhomes.com/homes/118749742
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    355 Somerset Road Oakland, CA 94611

    • Price: $1,500,000
    • Status: Active
    • ID#: 321045798
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,588
    SQFT
    $580
    $/SQFT
    1949
    Built
    Neighborhood:
    Oakland Zip 94611
    County:
    Alameda
    Area:
    Oakland Zip 94611
    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!
    Exterior Features

    Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Lot Features None Open Parking Spaces 0 Parking Features DetachedGarage Parking Total 4 Tandem Parking Spaces 0

    Interior Features

    1 Bedroom Units Total 4 2 Bedroom Units Total 0 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating GasWall FurnaceOther Laundry Features Other Studio Units Total 0

    Property Features

    Association Fee 0 Association YN No Auction No Availability Date 1/1/1800 12:00:00 AM Gross Income 0 Property Sub Type Quadruplex Property Type Residentialincome Sewer Public Sewer Water Source Public

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Faber Real Estate Team of Compass.


    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2021-07-30T23:56:33.817.
     
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