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
Property Details
- Lot DescriptionFrontYard
Measurements
- Acres0.4764
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1937
Utilities / Energy Details
- Sewer InformationPublicSewer
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$2,498,000
Other
- MLS #41073849
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jatin Mehta (#BMLS-R02045713)
Listing Office: Pellego (#BMLS-OBPELLEGO)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.