$1,050,000
PENDING

Estimated payment $6,254/month

Total Views 1,527
6 Beds
4 Baths
2,680 Sq Ft
$392 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • Montclair Elementary School Rated A-
  • Garden
  • Hot Water Heating System

About This Home

A rare chance to own a fourplex in Montclair, one of Oakland’s most sought-after neighborhoods, just steps from Piedmont and a short walk to Montclair Village. Priced at $1.1M, 389 Somerset Road is a prime opportunity for investors and owner-occupiers looking to build long-term wealth. The 2,680 SF property features two 2BD/1BA and two 1BD/1BA units, with a 1BD unit delivered vacant at close—perfect for buyers who want to live onsite while earning rental income. The property also comes with onsite covered parking spots, a valuable perk for tenant convenience. Less than half a mile from Montclair Village, residents enjoy cafes, boutiques, and a farmers market, while nearby hiking trails, parks, and the Huckleberry Botanic Preserve offer a perfect nature retreat. With high rental demand, appreciation potential, and move-in-ready flexibility, this is an investment you don’t want to miss.

Listing Agent

Joey Wang

Keller Williams Realty License #01890931 Listed on: 08/03/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1963

Lot Details

  • 7,081 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Garden
  • Back Yard

Home Design

  • Duplex
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Shingle Exterior
  • Stucco

Interior Spaces

  • Window Screens
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Carport
  • Front Facing Garage

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48C7200149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,521

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: North on Park Blvd, left on Estates Drive
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Partial Carpeting, Vinyl
  • Appliances: Disposal, Gas Water Heater
  • Total Bedrooms: 6
  • Window Features: Screens, Window Coverings

Exterior Features

  • Roof: Tar/Gravel, Other
  • Lot Features: 2 Houses / 1 Lot, Sloped Down, Back Yard, Garden, Landscaped, Paved
  • Construction Type: Concrete, Stucco, Frame, Wood

Garage/Parking

  • Parking Features: Carport - 2 Or More, Covered, Space Per Unit - 1, Garage Faces Front

Utilities

  • Heating: Natural Gas, Wall Furnace, Hot Water, Central
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Mutual Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7081
  • Parcel Number: 48C7200149

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,521 $209,333 $141,818 $74,515
2024 $6,521 $205,091 $139,038 $73,053
2023 $6,562 $207,933 $136,312 $71,621
2022 $6,085 $196,856 $133,639 $70,217
2021 $5,342 $192,859 $131,019 $68,840
2020 $5,269 $197,810 $129,676 $68,134
2019 $4,761 $193,932 $127,133 $66,799
2018 $4,657 $190,130 $124,641 $65,489
2017 $4,341 $186,402 $122,197 $64,205
2016 $4,134 $182,747 $119,801 $62,946
2015 $4,100 $180,001 $118,001 $62,000
2014 $4,261 $176,476 $115,690 $60,786
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Pending -- -- --
08/03/2025 08/03/25 For Sale $1,050,000 -- $392 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $335,000 New Conventional
Closed $320,000 New Conventional
Closed $260,000 Stand Alone First
Source: Public Records

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Source: bridgeMLS

MLS Number: 41107026

bridgeMLS

APN: 048C-7200-001-49