1833 Clinton Ave - Apartments FOR SALE


Alameda, CA 94501- South Shore
$3,500,000 USD
650-759-3414
1833 Clinton Ave, Alameda, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/35
null | 3.56% Cap Rate

1833 Clinton Ave
Alameda, CA 94501
South Shore


HIGHLIGHTS

  • Award Winning Single Family Homes + 4-Unit Apartment Building
  • Excellent Alameda Location
  • Can be Sold Separately or Together

OVERVIEW

Marcus & Millichap is pleased to present 1833 & 1837 Clinton Avenue, located in Alameda’s historic Leonardville district. Built in 1891 by renowned builder Joseph A. Leonard, these “fraternal twin” Queen Anne Victorians exemplify the craftsmanship and architectural charm that define the neighborhood. Both residences have 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 properties. His work included carefully removing the original stucco by hand and full foundation replacement, returning both homes to their original Victorian character. His exceptional craftsmanship and dedication were recognized with Alameda Architectural Preservation Society (AAPS) Preservation Awards in 2011 and 2015. Today, 1833 and 1837 Clinton Avenue stand as exceptional examples of Alameda’s Victorian heritage. They are among the few remaining mansion-scale residences built by Joseph A. Leonard that continue to function as single-family homes, with interiors that remain largely intact with their original design. 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

$3,500,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

6

PRICE/UNIT

$583,333

CAP RATE

3.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1833 & 1837 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

071-0272-004-00,071-0272-005-00

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.