1826 Santa Clara Ave, Alameda, CA 94501

$2,553,060
4
BD
6,660
SqFt

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Listed by Jatin Mehta, (949) 929-9562 from Pellego
(If provided) CoList: from

Sold listing courtesy of Daniel Ding from CATAL

Sold Price
$2,553,060
List Price
$2,498,000
Closing Date
Dec 05, 2024
MLS#
EB41073849
Status
SOLD
Sqft. of Residence
6,660
Lot Size
20,750
Listing Area
Alameda Map Area 2

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.

Additional Information

Acres
0.47
Age
87
Amenities
Storage Area(s)
Cooling System
Air Conditioning - None
Days On Market
Unknown
Exterior Features
Stucco
Floor Covering
Wood
Garage Parking
Garage
Heating System
Gas
Laundry Facilities
Coin Operated
Living Area
6,660
Lot Description
Regular
Lot Size
20,750
Neighborhood
Alameda Map Area 2
Numberof Units
8
Roof
Metal, Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes

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