1213 Park Ave - Apartments FOR SALE


Alameda, CA 94501- South Shore
$1,200,000 USD
415-625-2117
1213 Park Ave, Alameda, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/6
null | 5.39% Cap Rate

1213 Park Ave
Alameda, CA 94501
South Shore


HIGHLIGHTS

  • Half-block to quaint neighborhood cafes and retail on Park Street.
  • Unit interiors feature high-end renovations with new flooring, appliances, and fixtures.
  • Spacious rear sitting area and garden.
  • Close to South Shore Shopping Center and beach.
  • Easy commute to nearby employment centers.
  • Across the street from grass covered park with picnic area.

OVERVIEW

First Showing 12:00 noon sharp this Friday 6/20/25. Second Showing 1:00 pm sharp this Saturday 6/21/25. Call Jon Holmquist 415-596-3691 to RSVP -- Amazing Location 1/2 Block From Park Street, all units are tenant occupied. This Exclusive Listing of 1213 Park Avenue, Alameda, CA is supremely situated just a half-block from Encinal and Park Street with an easy walk to the best of the City of Alameda. This impeccably maintained and stunningly beautiful property further benefits from proximity to to Crown Beach, Shoreline. and South Shore Shopping Center allowing fantastic opportunity for entertainment and outdoor recreation. Surrounded primarily by a mix of apartments and single-family-homes and across the street from Chocheyno Park with open grass and picnic spots, the complex affords tenants the ability to walk to the best offerings of Alameda including South Shore Beach, South Shore Shopping Center, and Park Street. Centrally located in the Bay Area, Alameda South Shore Center is an established open-air shopping center featuring 594,000 square feet of dining, shopping and entertainment destinations. Both residents and visitors alike are drawn not only to the comprehensive variety of national and local restaurants and retailers, but also to the new outdoor family play area, spacious central courtyard and newly renovated building facades. Alameda South Shore Center is the area’s premier family friendly option to shop, dine, play and relax. The subject property sits on a 0.11-acre parcel, constructed circa 1890 (per property records), featuring wood frame with wood siding, and a pitched composite roof. The complex features four highly renovated charming one-bedroom/one bath units with great period detail, and units have been heavily renovated and upgraded with new flooring, countertops, appliances, and fixtures. The exterior of the property features intricate detail and unique high-end woodwork, and construction that would be cost prohibitive in todays market. Each unit is individually metered for gas and electricity and there is a spacious Zen garden to the rear of the property. This offering is perfect for a rock-solid long-term investment, or an owner user, with an irreplaceable location, A+ location.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$437 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

5.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Half-Block to Park Street / Great School Dist

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,643 SF

ZONING

-

APN/PARCEL ID

070-0184-010-00

ASK ABOUT THIS PROPERTY

Jon HolmquistJon HolmquistMore Info
415-625-2117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jon HolmquistJon HolmquistMore Info
415-625-2117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.