$ 2,498,000
1826 Santa Clara Ave Alameda, CA 94501
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$ 2,498,000
Est. payment | /mo
0.48 Acres Lot
$ 2,498,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41073055
HOA Y/N No
Year Built 1937
Lot Size 0.476 Acres
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. For the first time in 63 years, this rare opportunity presents itself—1826 Santa Clara Ave, a charming 8-unit cottage-style property on Santa Clara Ave in Alameda. Each of the one-bedroom, one-bath units offers over 760 square feet of living space, situated on an expansive 20,750 square foot lot. The units feature beautiful wooden-beamed ceilings, large windows that fill the space with natural light, and offer picturesque views of the lush surroundings, creating a warm and inviting atmosphere for residents. This income-generating property boasts strong in-place cash flow, producing $16,595 in monthly revenue, totaling $199,140 annually. Additional conveniences include on-site coin-operated laundry facilities and eight garages at the rear of the property, ensuring both comfort and ease for tenants. The property has also seen a long list of capital improvements, including a full remodel of the front unit, replacement of the central driveway, and sewer lateral compliance in 2024. Ideally located in a highly desirable neighborhood, this property is surrounded by excellent schools and provides a safe, family-friendly environment. The vibrant community and prime location make this an exceptional investment opportunity
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Total Parking Spaces 8
Others
Tax ID 712778
Listed by Jatin Mehta • Pellego
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Valerie Condon
Partner | Lic# 680245