About This Home

This 4-bedroom, 4-bathroom multi-family at 343 Somerset Road in Oakland, CA is listed for $1,295,000 ($500 per sqft). Built in 1949, the home offers 2,588 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1949
  • 0.16 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
4 full
4-car garage
1949

Amenities

View
Listing Description

Located near the border of Piedmont, this rare 4-unit property is a trophy investment opportunity. Each of the four 1 BD/1 BA units offers spacious living with abundant natural light. Every unit includes a garage, providing added convenience and value for tenants.

The property features a common laundry area equipped with coin-operated washers and dryers, offering ease and accessibility. With market rent significantly higher than the current rent, this property presents an excellent opportunity to increase revenue and maximize your investment potential.

Set on a tranquil street yet close to local amenities, shops, dining, and public transportation, this property is in an excellent location, allowing easy access to the vibrant energy of Montclair Village and also downtown Oakland. Don't miss out on acquiring this exceptional income-generating property!

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

343 Somerset Road

Oakland, CA 94611

Features & Amenities

Exterior Features

Yard Space

Property Details

Flooring

WoodCarpet

Construction

Stucco

Views

Forest

Parking

Garage

Heating

Wall Furnace

Appliances

Free-Standing Gas RangeFree-Standing Refrigerator

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 343 Somerset Road is listed at $1,295,000 ($500/sqft). The estimated monthly payment is $6,926 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1949, 0.16 acre lot, 2 stories, 8 parking spaces. Exterior Features: Yard Space.

This property is listed by Ben H Faber.

BF

Ben H Faber

Agent at Compass

Listed by Compass · Broker phone: (415) 660-9955 · View on Broker Site · Broker website

MLS# 326071859· Source: Bay Area Real Estate Information Services, Inc.· 1 day on PropertySimple

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

343 Somerset Road, Oakland, CA 94611

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