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.
Sold for $2,425,000
Tax assessed value
$2,425,000
431 Linda Ave, Piedmont, CA 94611
8beds
4,609sqft
Quadruplex
Built in 1940
-- sqft lot
$2,298,700 Zestimate®
$526/sqft
$3,136 Estimated rent
Home value
$2,298,700
$2.09M - $2.55M
$3,136/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Keith Manson DRE #01490046 415-773-3592,
CBRE,
Zachary Wayne Greenwood DRE #01960296 415-714-4825,
CBRE
Bought with:
Heman Galzie, DRE #01422754
New Cal Realty
Source: SFAR,MLS#: 424055736
Originating MLS: San Francisco Association of REALTORS
Originating MLS: San Francisco Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Gas, Individual, Separate
Appliances
- Included: Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater
- Laundry: Coin Operated, Common Area
Features
- Formal Entry
- Flooring: Linoleum, Wood
- Windows: Skylight(s)
- Basement: Partial
Interior area
- Total structure area: 4,609
- Total interior livable area: 4,609 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage, Off Street, Uncovered
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Four
- Stories: 3
Lot
- Size: 8,300 Square Feet
- Features: Curbs/Gutters, Sidewalk
Details
- Parcel number: 0504558011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Wood
- Foundation: Concrete, Concrete Perimeter
- Roof: Composition,Shingle,See Remarks
Condition
- Fixer
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Separate Meter
- Gas: Separate Meter
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Fire Extinguisher, Secured Access, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Piedmont
- Elevation: 0
Financial & listing details
- Price per square foot: $526/sqft
- Tax assessed value: $2,425,000
- Date on market: 8/8/2024
- Cumulative days on market: 15 days
- Total actual rent: 8850
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $2,425,000+10.2%$526/sqft |
Source:  SFAR #424055736 Report a problem | ||
| 8/24/2024 | Pending sale | $2,200,000$477/sqft |
Source: SFAR #424055761 Report a problem | ||
| 8/8/2024 | Listed for sale | $2,200,000+58.8%$477/sqft |
Source: SFAR #424055736 Report a problem | ||
| 8/16/2012 | Sold | $1,385,000+8.2%$300/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #40576535 Report a problem | ||
| 6/23/2012 | Pending sale | $1,280,000$278/sqft |
Source: Pacific Union International, Inc. #40576535 Report a problem | ||
| 6/4/2012 | Listed for sale | $1,280,000+8.1%$278/sqft |
Source: Pacific Union International, Inc. #40576535 Report a problem | ||
| 11/22/2000 | Sold | $1,184,000$257/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $2,425,000 +45% |
| 2024 | $28,783 +1.6% | $1,672,027 +2% |
| 2023 | $28,327 +3% | $1,639,244 +2% |
| 2022 | $27,514 +4.6% | $1,607,111 +2% |
| 2021 | $26,313 +0.4% | $1,575,603 +1% |
| 2020 | $26,213 +2.8% | $1,559,454 +2% |
| 2019 | $25,498 +3.7% | $1,528,887 +2% |
| 2018 | $24,600 | $1,498,915 +2% |
| 2017 | $24,600 +8% | $1,469,525 +2% |
| 2016 | $22,776 +0.1% | $1,440,717 +1.5% |
| 2015 | $22,751 +0.1% | $1,419,084 +2% |
| 2014 | $22,727 | $1,391,287 +0.5% |
| 2013 | -- | $1,385,000 +25.9% |
| 2012 | -- | $1,100,000 -6.8% |
| 2011 | -- | $1,180,000 -14.6% |
| 2010 | -- | $1,382,118 -0.2% |
| 2009 | -- | $1,385,410 +2% |
| 2008 | -- | $1,358,248 +2% |
| 2007 | -- | $1,331,620 +2% |
| 2006 | -- | $1,305,513 +2% |
| 2005 | -- | $1,279,915 +2% |
| 2004 | -- | $1,254,827 +6.8% |
| 2003 | -- | $1,175,000 -2.7% |
| 2002 | -- | $1,207,680 +2% |
| 2001 | $18,038 | $1,184,000 |
Find assessor info on the county website
Neighborhood: 94611
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Nearby schools
GreatSchools rating
- 8/10Beach Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Piedmont Middle SchoolGrades: 6-8Distance: 0.6 mi
- 9/10Piedmont High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Alameda
Source: SFAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,298,700
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Estimated market value
$2,298,700
- California
- Alameda County
- Piedmont
- 94611
- 431 Linda Ave
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