Oakland, CA 94611,3501 Richmond Blvd
Oakland, CA 94611,3501 Richmond Blvd
Oakland, CA 94611,3501 Richmond Blvd
Oakland, CA 94611,3501 Richmond Blvd
Oakland, CA 94611,3501 Richmond Blvd
Oakland, CA 94611,3501 Richmond Blvd
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$1,600,000

$1,300,000

23.1%
Est.Price: ?

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Est. payment /mo

5,392 Sqft Lot


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

Subdivision Piedmont Avenue

MLS Listing ID 41058059

Sold Date 06/26/24

HOA Y/N No

Year Built 1986

Lot Size 5,392 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

Zoning RM-4

Interior

Heating Forced Air

Flooring Carpet, Laminate, Tile, Vinyl

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Garage Covered, Carport

Total Parking Spaces 4

Building

Lot Description Corner Lot, Front Yard

Sewer Public Sewer

Others

Tax ID 973163

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty
Bought with Elisabeth Santos • EXP Realty of Northern California, Inc

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Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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