$ 2,498,000
1826 Santa Clara Ave Alameda, CA 94501-2691
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$ 2,498,000
Est. payment /mo
Active
1826 Santa Clara Ave Alameda, CA 94501-2691
4 Beds
4 Baths
6,660 SqFt
UPDATED:
10/04/2024 05:26 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,660 sqft
Price per Sqft $375
MLS Listing ID EB41073849
Bedrooms 4
Originating Board Bridge MLS
Year Built 1937
Lot Size 0.476 Acres
Property Description
To access the 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.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Gas
Cooling Air Conditioning - None
Flooring Wood
Laundry Coin Operated
Exterior
Exterior Feature Stucco
Garage Garage
Garage Spaces 8.0
Roof Type Metal,Composition
Building
Lot Description Regular
Sewer Sewer - Public
Others
Tax ID 71-277-8
Special Listing Condition Not Applicable
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Listed by Jatin Mehta • Pellego