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$1270000   Price Analysis
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389 Somerset Rd
Oakland, CA 94611
6 bed 4 bath 2680 SqFt ($473/SqFt)
7081SqFt lot. Built 1963
Listed 2024-05-22, Taxes $6085
Ⓧ USDA Ineligible
due to price & location

near Oakland

Well-maintained tw o-level quadruplex located on a large lot in the highly sought-after Montclair neighborhood of Oakland blocks away from Piedmont and Montclair Village.

Two units have 1 bedroom and 1 bath and the other two units have 2 bedrooms and 1 bath. All unts have a private balcony with tree-lined views.

Onsite laundry room, storage basement, with 4 carport and 2 uncovered parking spaces. Located near nature trails, grocery stores, restaurants and State Route 13.


Presented by Ivy Wang at
CENTURY 21 Ludecke Inc.
Listing Agent Photo

Property MLS #AR24100887 from CRMLS

Bedrooms: 6

Laundry Features: Community, Individual Room

Full Bathrooms: 4

Carport Spaces: 4
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport
Parking Total: 6

Lot Description: Cul-De-Sac, Lot 6500-9999, Rectangular Lot
Lot Size Acres: 0.1625574
Lot Size Source: Assessor
Lot Size Square Feet: 7081

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 3
Tenant Pays: Electricity, Gas, Water
Rent Control: Yes

Community Features: Hiking

Source Listing Status: Active
County: Alameda
Source Property Type: Residential Income
Insurance Expense: 5250.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 048C720000149
Postal Code Plus 4: 3332
Professional Management Expense: 4938.00
Trash Expense: 3980.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$70217 + $133639
$203856
$6085
2021$68840 + $131019
$199859
$5341
2020$68134 + $129676
$197810
$5268
2019$66799 + $127133
$193932
$4760
2018$65489 + $124641
$190130
$4656
2017$64205 + $122197
$186402
$4340
2016$62946 + $119801
$182747
$4134
2015$62000 + $118001
$180001
$4100
2014$60786 + $115690
$176476
$4260
2013$60512 + $115168
$175680
$4302
2012$59325 + $112910
$172235
$4150
2010$58162 + $110696
$168858
$3733
2009$57727 + $109869
$167596
$15371
2008$669732 + $287028
$956760
$14561
2007$55618 + $105854
$161472
$4045

Price Changed 2024-07-08
$1270000
CRMLS
Listed 2024-05-22
$1360000
CRMLS
Listing removed 2023-11-03
$0
BayEast
Price Changed 2023-08-28
$1495000
BayEast
Listed 2023-07-04
$1580000
BayEast

Net Operating Income: 74417.00

Total Square Feet Living: 2680
Year Built: 1963
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 61
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 4715.00
Water Source: Public

Montera Middle School is a public middle school located approximately 0.4 miles away.
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Montclair Elementary School is a public elementary school located approximately 0.8 miles away.
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Skyline High School is a public high school located approximately 3 miles away.
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Zion Lutheran School is a private elementary and middle school located approximately 0.1 miles away.
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Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.