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$ 1,600,000
Est. payment | /mo
10,384 Sqft Lot
$ 1,600,000
Est. payment | /mo
10,384 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Alameda
MLS Listing ID 41114507
HOA Y/N No
Year Built 1966
Lot Size 10,384 Sqft
Property Description
Discover a rare and expansive income-producing asset in the heart of Alameda's desirable East End. This substantial multi-family property offers both scale and flexibility for the astute investor. * 6,990 square feet of total living space * Ten unit structure (5+ units classification) * 12 bedrooms and 11 bathrooms in total * Situated on a generous ±10,384 sq ft lot * Built in 1966 * Zoned and marketed as a commercial / multifamily This property's scale offers meaningful economies of scale and upside potential. With multiple bedrooms and bathrooms distributed across a large footprint, there's flexibility to reposition, renovate, or reconfigure (subject to permitting). The lot size allows for parking, amenity enhancements, or other value-add strategies. As Alameda continues to appeal to renters and investors alike, this is a chance to acquire a portfolio under one roof. Positioned in Alameda's vibrant East End / Encinal area, you benefit from strong neighborhood amenities, transit access, and proximity to schools, shops, and waterfront destinations. The locale blends residential charm with investor-friendly dynamics. This offering is ideal for investors who want a significant footprint in Alameda's rental market with an opportunity to unlock value.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 10
Building
Lot Description Street Level
Others
Tax ID 7121829
Listed by Steve Ohlmeyer Coldwell Banker
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”