Oakland, CA 94611,3501 Richmond Blvd

$1,600,000

Est. payment /mo

$1,300,000

23.1%
Est.Price: ?

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3501 Richmond Blvd Oakland, CA 94611

8 Beds

3,288 SqFt

SOLD DATE : 06/26/2024

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

Bedrooms 8

HOA Y/N No

Year Built 1986

Lot Size 5,394 Sqft

Acres 0.12

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

Area Listing

Zoning RM-4

Rooms

Basement None

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

Exterior Feature Front Yard

Utilities Available Individual Electric Meter, Individual Gas Meter

Building

Lot Description Corner Lot, Front Yard, Paved

New Construction No

Others

Tax ID 973163

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Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with ElisabethSantos

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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