$2,498,000
For Sale

1826 Santa Clara Ave

Alameda, CA 94501
Listing OfficePellego
Browse 42 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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

Christopher PereaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

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.

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