Alameda, CA 94501-2691,1826 Santa Clara Ave
Alameda, CA 94501-2691,1826 Santa Clara Ave
Alameda, CA 94501-2691,1826 Santa Clara Ave
Alameda, CA 94501-2691,1826 Santa Clara Ave
Alameda, CA 94501-2691,1826 Santa Clara Ave
Alameda, CA 94501-2691,1826 Santa Clara Ave
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$2,553,060

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

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41073849

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.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Flooring Wood

Fireplace No

Exterior

Parking Features Garage

Roof Type Metal,Shingle

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

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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