1501 Encinal Ave Alameda, CA 94501
1501 Encinal Avenue in Alameda is a rare opportunity for investors looking for a charming 6-unit building in a prime location. The property is centrally located on the edge of the desirable Gold Coast neighborhood close to Franklin Park, recreation, retail, easy transportation options to San Francisco, the Alameda Farmer’s Market, the famed Alameda Beach, Alameda Point attractions, and more. The building is situated in historic Morton Station amid iconic Victorians and tree-lined streets and offers 6 studio apartments providing a delightful living experience for tenants. The property also offers a 3 garage spaces and 5 storage units for additional income opportunity. In the rear of the property there is a delightful yard for barbeques, container gardening, and relaxation. There is also an opportunity to create a laundry room in a storage unit adjacent to the garage with existing hook ups. Additionally, the building offers 1 unit delivered vacant. Tenants are responsible for electricity and gas while the owner is responsible for water, sewer, and garbage. The property offers strong yearly income of approximately $106, 908 (when 100% occupied and two planned rent increases are in place).
- Property TypeCommercial
- NeighborhoodGold Coast
- CountyAlameda
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site17 Days
- MLS StatusPending
- MLS ID Number41057405
- Home Size Source N/A
- Year Built1926
- Lot Size0.1102 Acres
- Full Baths5
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 1501 Encinal Ave Alameda, CA 94501
2 days ago | |
2 weeks ago | |
3 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing