1604 Schiller St - Apartments FOR SALE


Alameda, CA 94501- West Alameda
$1,297,000 USD
510-523-5673
1604 Schiller St, Alameda, CA for Sale
$1,297,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

1604 Schiller St
Alameda, CA 94501
West Alameda


OVERVIEW

3 Homes on 1 Lot. 4 Units. Rare Alameda Opportunity. Located on the corner of Schiller & Lincoln, this unique compound-style property offers a flexible layout with 2 detached single-family homes and a duplex totaling 4 residential units. Opportunities like this rarely come to market in Alameda. The configuration creates multiple ownership paths for buyers exploring compound living, rental income, or long-term investment potential. Unit mix includes: 1604 – 2 bed / 1 bath; 1821A – 1 bed / 1.5 ba; 1821B – 2 bed / 1 ba; 1825 – 2 bed / 1 ba. The detached homes provide natural separation and flexibility, offering the possibility to live in one residence while generating income from the others or hold as a strategic long-term asset. A detached garage structure and the configuration of 3 homes on 1 lot may present additional possibilities for creative use, potential ADU, or future parcelization concepts. Ideally positioned near Grand Street with convenient access to Park Street, Webster Street, South Shore Center, neighborhood parks, dining, the SF Ferry, BART connections, AC Transit, and major commuter routes.

FOR SALE DETAILS

PRICE

$1,297,000 USD

PRICE/SF

$297 USD /SF

# OF UNITS

4

PRICE/UNIT

$324,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R-5

APN/PARCEL ID

071-0280-013-00

ASK ABOUT THIS PROPERTY

Jose Cerda-ZeinCerda Zein Real EstateMore Info
510-523-5673

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Jose Cerda-ZeinCerda Zein Real EstateMore Info
510-523-5673

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