3501 Richmond Blvd, Oakland, CA 94611

$1,600,000
8
BD
3,288
SqFt

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Listed by Joey Wang, (510) 592-4244 from Keller Williams Realty
(If provided) CoList: from

Sold listing courtesy of Elisabeth Santos from SEXO02

Sold Price
$1,600,000
List Price
$1,300,000
Closing Date
Jun 26, 2024
MLS#
EB41058059
Status
SOLD
Zoning
RM-4
Sqft. of Residence
3,288
Lot Size
5,394
Listing Area
Oakland Zip Code 94611

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.

Additional Information

Acres
0.12
Age
38
Amenities
Balcony/Patio
Cooling System
Air Conditioning - None
Days On Market
Unknown
Exterior Features
Stucco, Wood Frame
Floor Covering
Laminate, Tile, Vinyl, Carpet - Wall to Wall
Garage Parking
Covered Parking, Spaces per Unit - 1, Parking Area
Heating System
Forced Air
Laundry Facilities
220 Volt Outlet, Washer, Community Facility, Dryer
Living Area
3,288
Lot Size
5,394
Neighborhood
Oakland Zip Code 94611
Numberof Units
4
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RM-4

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