Bought with Elisabeth Santos • EXP Realty of Northern California, Inc
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,288 sqft
Price per Sqft $486
Subdivision Piedmont Avenue
MLS Listing ID 41058059
Sold Date 06/26/24
HOA Y/N No
Originating Board Bridge AOR
Year Built 1986
Lot Size 5,394 Sqft
Property Description
If there’s one word to describe Oakland’s 3501 Richmond Boulevard, it’s “location.” This four-unit (4 x 2br/1ba), 3,288 sq. ft. multi-family residence is close to everything you can imagine. From major employers such as Kaiser and Alta Bates, to exceptionally popular commercial districts such as Piedmont Avenue and Telegraph Avenue. Literally, everything a tenant could ever want is within a one-mile radius—even MacArthur BART is only a five-minute drive away. Sitting across the street from Oak Glen Park and two blocks from Mosswood Park, tenants don’t need to venture far to get outside and stretch their legs. For those looking to own and occupy, one of 3501 Richmond’s units and carport spaces will be delivered vacant upon close. The other three units will remain occupied, generating a steady $6,800 in cash per month. Most importantly, for the new owners to note is the age of this property—built in 1986, this investment is EXEMPT from Oakland rent control.
Location
State CA
County Alameda
Interior
Heating Forced Air, Central
Cooling No Air Conditioning
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Laundry 220 Volt Outlet, Common Area, Dryer, Washer
Exterior
Parking Type Carport - 2 Or More, Covered, Parking Lot, Space Per Unit - 1, Street Parking
Building
Lot Description Corner Lot, Front Yard, Paved
Water Public
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