$2,498,000
1826 Santa Clara Ave Alameda, CA 94501-2691
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$2,498,000
Est. payment /mo
0.48 Acres Lot
Active
1826 Santa Clara Ave Alameda, CA 94501-2691
UPDATED:
10/04/2024 05:38 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41073849
HOA Y/N No
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
Fireplace No
Exterior
Garage Garage
Roof Type Metal,Shingle
Parking Type Garage
Total Parking Spaces 8
Building
Lot Description Front Yard
Sewer Public Sewer
Others
Tax ID 712778
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Jatin Mehta • Pellego
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