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Listed by Haili Wu Kidder Mathews
$5,250,000
Est. payment /mo
36 Beds
4 Baths
0.65 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 425045659
Bedrooms 36
Full Baths 4
HOA Y/N No
Lot Size 0.647 Acres
Acres 0.6474
Property Sub-Type Multi Family
Property Description
Originally constructed in 1958, the Property is a well-maintained, two-story building with a wood frame stucco exterior and 13,053 SF of building area. The Property features sixteen two-bedroom, one bath units and four one-bedroom, one bath units. 3437 - 3475 Somerset Ave has been well maintained with upgraded dual-pane windows, some updated interiors, and a pitched shingle roof. The property offers a laundry area with 3 washers & 3 dryers. There is 18 covered spaces for 36 tandem spots with 2 additional enclosed 2 car garages and 1 enclosed 1 car garage. There is also a quaint office available for the manager/owner's use. Nine of the twenty units have been extensively renovated with new resurfaced hardwood floors, new three-piece tub enclosures with updated bathrooms. Each unit has its own separate water heater and air conditioning unit. Through a complete interior renovation program, an investor will have the opportunity to capitalize on the remaining extensive rental upside.
Location
State CA
County Alameda
Area Castro Valley
Interior
Cooling Ceiling Fan(s)
Flooring Wood
Fireplace No
Appliance Free-Standing Gas Range, Free-Standing Refrigerator
Exterior
Total Parking Spaces 18
Building
Lot Description Other
New Construction No
Others
Tax ID 84A116172
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