2216 Santa Clara Ave - Apartments FOR SALE


Alameda, CA 94501- Downtown Alameda
$1,600,000 USD
925-855-4115
2216 Santa Clara Ave, Alameda, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

2216 Santa Clara Ave
Alameda, CA 94501
Downtown Alameda


HIGHLIGHTS

  • 10 Units just blocks from the vibrant shops, restaurants, and culture of downtown Park Street in Alameda.
  • Present rental income of $8,354 monthly with room for growth.
  • Market rent potential estimated at $18,000–$25,000 monthly.

OVERVIEW

The building is fully occupied by tenants, most of whom are long-term and operating on month-to-month agreements, providing flexibility for future adjustments. The owner covers water and garbage expenses, while tenants handle PG&E through separate meters, ensuring streamlined utility management. The site includes 10 dedicated parking spaces plus a two-car garage, enhancing convenience for occupants and visitors.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

10

PRICE/UNIT

$160,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-Unit Multi-Family Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,384 SF

ZONING

-

APN/PARCEL ID

071-0218-029-00

ASK ABOUT THIS PROPERTY

Mark TraikoffSerenoMore Info
925-855-4115

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Mark TraikoffSerenoMore Info
925-855-4115

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