Property Details
About this Property
431 Linda Ave, is a pride of ownership 4-plex with a 5th unwarranted studio unit, located in the prestigious city of Piedmont. The property is ideal for owner occupiers in a market where the avg. single-family home has commanded nearly $2.9 Million since 2019. Built in 1940, this 4,609 SF structure is comprised of 4 2-bed, 1-bath units that are 808 SF on avg. & a 675 SF studio unit. The building is situated on a large 8,300 SF flag lot removed from street offering peace and tranquility for residents of the property. The building features on-site laundry, 6 off-street surface parking spaces, & 4 garages. The studio presents a unique opportunity for an ADU conversion or a chance to create a larger owner's unit by combining it with a 2-bed unit. The property has been meticulously maintained and improved including a newer roof (2015), updated electrical (2013), Installation of a French Drain (2016), and more! Current rents are approximately 24% below projected market rate & NOI can potentially be increased by 54%. Piedmont does not have a local rent control ordinance. The property provides access to some of the best retail districts in the East Bay including Grand Ave, Lakeshore Ave & Piedmont Ave. Additionally, Piedmont has one of the top public school districts in the Bay Area.
MLS Listing Information
MLS #
SF424055736
MLS Source
San Francisco Association of Realtors® MLS
Interior Features
Appliances
Dishwasher, Oven - Electric, Oven Range - Electric, Refrigerator
Flooring
Linoleum, Wood
Laundry
Coin Operated
Heating
Central Forced Air, Gas, Individual Room Controls, Separate
Exterior Features
Roof
Composition, Other, Shingle
Foundation
Concrete Perimeter, Slab
Style
Flat
Parking, School, and Other Information
Garage/Parking
Garage, Off-Street Parking, Garage: 4 Car(s)
Elementary District
Piedmont City Unified
High School District
Piedmont City Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Contact Information
Listing Agent
Keith Manson
CBRE
License #: 01490046
Phone: (510) 874-1919
Co-Listing Agent
Zachary Greenwood
CBRE
License #: 01960296
Phone: (510) 874-1918
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 5 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 805 | 2 | 1/0 | $2,900 |
| 2 | 815 | 2 | 1/0 | $4,000 |
| 3 | 675 | 0 | 1/0 | $1,950 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
431 Linda Ave is a Residential Income in Piedmont, CA 94611. This 4,609 square foot property sits on a 8,300 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,425,000 and was built in 1940. This address can also be written as 431 Linda Ave, Piedmont, CA 94611.
©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of September 30, 2024. For the most current information, please contact Keith Manson, (510) 874-1919
