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Key Details
Sold Price $2,785,000
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Sold
Purchase Type For Sale
Square Footage 9,038 sqft
Price per Sqft $308
MLS Listing ID 40945599
Sold Date 08/10/21
HOA Y/N No
Year Built 1964
Lot Size 7,000 Sqft
Acres 0.16
Property Description
3317 Kempton Ave is a 9-unit apartment building conveniently located between Piedmont and Adams Point. The building consists of (8) large one bedroom, one bath units and (1) 1,700 sqft four bedroom, two bath penthouse with two large balconies that shall be delivered vacant. All of the one-bedroom units are over 850 sqft, have a formal dining area, storage locker, and a private balcony. The majority of the one-bedroom units have tasteful upgrades including granite counters, renovated bathrooms, re-stained cabinets and new floors. The property features on-site laundry and secured parking for all nine units (4 of which are carports). Additionally, there is a maintenance room with a half bathroom for service workers. Being on a secluded street while offering easy access to 580, Sprouts Farmers Market, and Piedmont Avenue, this building is in a highly desirable location and a great investment with 9.84% total return day one.
Location
State CA
County Alameda
Area Oakland Zip Code 94611
Rooms
Basement Other
Interior
Interior Features Elevator, Storage
Heating Forced Air, Wall Furnace
Cooling None
Flooring Partial Carpeting, Vinyl
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Exterior
Utilities Available Water/Sewer Meter on Site, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
Building
Lot Description Curb(s), Landscape Front, Landscape Misc, Paved, Security Gate
New Construction No
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Bought with JohnWarner
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122