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$2,695,000
Est. payment /mo
3,393 Sqft Lot
UPDATED:
09/30/2024 06:41 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41060987
HOA Y/N No
Year Built 1923
Lot Size 3,393 Sqft
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre Welcome to 4092 Piedmont Ave, where luxury and investment potential converge in a vibrant neighborhood. This exceptional mixed-use property offers a blend of residential comfort and thriving commercial spaces, generating an impressive income of $16,370 monthly and $196,440 annually. The residential unit features a cozy and modern 2-bedroom, 1-bath apartment with an open-concept living area, a well-appointed kitchen, and spacious bedrooms, ideal for urban living. The commercial spaces include an office, a bar, and an Indian restaurant. The lively bar, with its stylish interior and well-stocked selection of beverages, attracts a dedicated clientele. The popular Indian restaurant is known for its authentic cuisine and warm ambiance, enjoying excellent street visibility. Located on bustling Piedmont Ave, this property benefits from high foot traffic and outstanding visibility. The area is renowned for its eclectic mix of shops, dining options, and entertainment venues, making it a sought-after destination for residents and businesses. With easy access to public transportation and major thoroughfares, 4092 Piedmont Ave combines convenience and vibrancy.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Flooring Wood
Fireplace No
Exterior
Garage None
Parking Type None
Building
Sewer Public Sewer
Others
Tax ID 12992142
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Listed by Jatin Mehta • Pellego
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605