$1,050,000
$50K PRICE DROP

389 Somerset Rd Piedmont, CA 94611

Montclair Neighborhood

Estimated payment $6,359/month

Total Views 3,049
6 Beds
4 Baths
2,680 Sq Ft
$392 Price per Sq Ft

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: 05/04/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

1963

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Co List Office Mls Id: OBBKWR
  • Directions: North on Park Blvd, left on Estates Drive
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Window Features: Screens, Window Coverings

Exterior Features

  • Construction Type: Concrete, Stucco, Frame, Wood

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Ceiling Fan(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 7081

Tax Info

  • Tax Tract: 4045.01

Range of Values:

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Average Value
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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
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
05/04/2025 05/04/25 For Sale $1,100,000 -- $410 / 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: 41096117

bridgeMLS

APN: 048C-7200-001-49

California Alameda County Piedmont 94602 Montclair

389 Somerset Rd, Piedmont, CA

This home is located at 389 Somerset Rd, Piedmont, CA 94611 and is currently priced at $1,050,000, approximately $391 per square foot. This property was built in 1963. 389 Somerset Rd is a home located in Alameda County with nearby schools including Montclair Elementary School, Montera Middle School, and Skyline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Listing Agent
Joey Wang
Keller Williams Realty