$1,600,000
$1,300,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
3501 Richmond Blvd Oakland, CA 94611
8 Beds
3,288 SqFt
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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Bought with ElisabethSantos