1173 Park Ave

Alameda, CA, 94501

$1,799,000

$516 per ft²
$1,799,000
$516 per ft²
Active
Active
 - For Sale
baths
4 Baths
carpenters-square
3,482 ft²
property_type
Multi-family
calendar
Built 1906
Stately Colonial Revival Fourplex located on the desirable and sought after residential East End of Downtown Alameda. Excellent location directly across the street from Chochenyo Park. Period Details. 3 units are 2 bedrooms/1ba and 1 unit is 1 bedroom/1ba. 6 Off street parking spaces. Great Investment property in unbeatable neighborhood and location. Large lot offers the opportunity for addition of ADU. Separately metered for gas and electricity, and tenant pays hot H2O. With a 93 walk score, the property is steps to great shops, restaurants, movies offers at Park St commercial district, South Shore Center, Alameda Beach, Shoreline Drive walking and biking trails! 25% upside potential in rent income. 2.8% cap rate on current income and 3.8% on proforma rent
MLS® ID:
40999604
Listed:
6/28/22
Updated:
12/8/22

Interior Features

Total Bedrooms
0
Total Bathrooms
4
Laundry Description
Other
Floor Description
Linoleum, Partial Carpeting, Wood
Cooling
No Air Conditioning
Heating
Baseboard

Exterior/Building Features

Lot Size
6,350 ft² lot
Lot Details
Level, Regular, Back Yard, Front Yard
Roof
Composition Shingles

School Information

High School
Alameda (510) 748-4000
Elementary School
Alameda (510) 748-4000

Other Property Details

Area Name
Alameda Map Area 1
Garage
No
Parking
Off Street
View
Y
County
Alameda
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
8/11/22
Active
-
-
7/22/22
Pending
-
-

Courtesy of CA Golden Properties, Steven Wang,
Listing Contact: 408-309-8920 

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