1833 Clinton Ave - Apartments FOR SALE


Alameda, CA 94501- South Shore
$2,000,000 USD
650-759-3414
1833 Clinton Ave, Alameda, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/22
null | 4.34% Cap Rate

1833 Clinton Ave
Alameda, CA 94501
South Shore


HIGHLIGHTS

  • Award Winning Single Family Home + 4-Unit Apartment Building
  • Excellent Alameda Location

OVERVIEW

Marcus & Millichap is pleased to present 1833 Clinton Avenue, located in Alameda's historic Leonardville district. Built in 1891 by renowned builder Joseph A. Leonard, this Queen Anne Victorian exemplifies the craftsmanship and architectural charm that define the neighborhood. The residence has been thoughtfully preserved and restored, retaining original architectural details like woodwork, coffered ceilings, art glass windows, and finely crafted trim. Beginning in 2009, longtime preservationist and former president of the Alameda Victorian Preservation Society, Jim Smallman, undertook an extensive restoration of the property. His work included carefully removing the original stucco by hand and full foundation replacement, returning the home to its original Victorian character. His exceptional craftsmanship and dedication were recognized with Alameda Architectural Preservation Society (AAPS) Preservation Awards in 2011 and 2015. The offering also includes a 1960s fourplex located at the rear of 1833 Clinton Avenue. The fourplex features all two-bedroom, one-bathroom units, each with off-street parking, providing additional income potential.The offering also includes a 1960s fourplex located at the rear of 1833 Clinton Avenue. The fourplex features all two-bedroom, one bathroom units, each with off-street parking, providing additional income potential. This is 2 adjacent parcels that can be sold separately or together. Reach out to Listing Agents for Offering Memorandum.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

5

PRICE/UNIT

$400,000

CAP RATE

4.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1833 Clinton Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,221 SF

ZONING

R-4

APN/PARCEL ID

071-0272-005-00

ASK ABOUT THIS PROPERTY

Sam RuncoMarcus & MillichapMore Info
650-759-3414

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Sam RuncoMarcus & MillichapMore Info
650-759-3414

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