About 3437 Somerset Avenue
Originally constructed in 1958, the Property is a well-maintained, two-story building with a wood frame stucco exterior and 13,053 SF of building area. The Property features sixteen two-bedroom, one bath units and four one-bedroom, one bath units. 3437 - 3475 Somerset Ave has been well maintained with upgraded dual-pane windows, some updated interiors, and a pitched shingle roof. The property offers a laundry area with 3 washers & 3 dryers. There is 18 covered spaces for 36 tandem spots with 2 additional enclosed 2 car garages and 1 enclosed 1 car garage. There is also a quaint office available for the manager/owner's use. Nine of the twenty units have been extensively renovated with new resurfaced hardwood floors, new three-piece tub enclosures with updated bathrooms. Each unit has its own separate water heater and air conditioning unit. Through a complete interior renovation program, an investor will have the opportunity to capitalize on the remaining extensive rental upside.
Features of 3437 Somerset Avenue
| MLS® # | 425045659 |
|---|---|
| Price | $5,250,000 |
| Bedrooms | 36 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.65 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 3437 Somerset Avenue |
|---|---|
| Area | Castro Valley |
| City | Castro Valley |
| County | Alameda |
| State | CA |
| Zip Code | 94546 |
Amenities
| Parking Spaces | 18 |
|---|---|
| Parking | Carport, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Gas Range, Free-Standing Refrigerator |
|---|---|
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Other |
|---|
Additional Information
| Date Listed | May 11th, 2025 |
|---|
Listing Details
| Agent | Haili Wu |
|---|---|
| Office | Kidder Mathews |