
389 Somerset Rd Piedmont, CA 94611
Montclair NeighborhoodEstimated payment $6,254/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $335,000 | New Conventional | |
Closed | $320,000 | New Conventional | |
Closed | $260,000 | Stand Alone First |
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Source: bridgeMLS
MLS Number: 41107026

APN: 048C-7200-001-49
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