1826 Santa Clara Ave Active

Alameda,CA 94501-2691

$ 2498000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41073849

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

Interior

Heating Natural Gas

Flooring Wood

Exterior

Garage Garage

Roof Type Metal,Shingle

Building

Lot Description Front Yard

Sewer Public Sewer

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

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