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$ 2,498,000
Est. payment | /mo
1 Bed
1 Bath
6,660 SqFt
$ 2,498,000
Est. payment | /mo
1 Bed
1 Bath
6,660 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 6,660 sqft
Price per Sqft $375
MLS Listing ID EB41073055
Bedrooms 1
Originating Board Bridge MLS
Year Built 1937
Lot Size 0.476 Acres
Property Description
To access 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. The vibrant community and prime location make this an exceptional investment opportunity
Location
State CA
County Alameda
Area Other Area
Interior
Heating Gas
Cooling None
Flooring Wood
Laundry Laundry Facility - Coin-Op
Exterior
Exterior Feature Stucco
Garage Spaces 8.0
Building
Lot Description Regular
Sewer Sewer - Public
Others
Tax ID 71-277-8
Special Listing Condition Not Applicable
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Listed by Jatin Mehta • Pellego
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