Alameda, CA 94501,1826 Santa Clara Ave
Alameda, CA 94501,1826 Santa Clara Ave
Alameda, CA 94501,1826 Santa Clara Ave
Alameda, CA 94501,1826 Santa Clara Ave
Alameda, CA 94501,1826 Santa Clara Ave
Alameda, CA 94501,1826 Santa Clara Ave
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$2,553,060

$2,498,000

2.2%
Est.Price: ?

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Est. payment /mo

0.48 Acres Lot


SOLD DATE : 12/05/2024

Key Details

Sold Price $2,553,060

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41073055

Sold Date 12/05/24

HOA Y/N No

Year Built 1937

Lot Size 0.476 Acres

Property Description

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

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Jatin Mehta • Pellego
Bought with Daniel Ding • Catalyst Realty and Investments Inc.
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