1629 Santa Clara Ave, Alameda, CA 94501
-
Sold Price :
$1,800,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1954
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. This extraordinary property at Santa Clara Ave presents a unique owner-occupy opportunity that's a game-changer for real estate investors. Imagine living in the spacious, 4-bedroom, 2-bathroom 2,100 SQFT home, while offsetting your mortgage with a substantial $5,886/month rental income from the remaining units. The rare unit configuration includes one 4-bedroom, two-bathroom 2-story house, and four two-bedroom, one-bathroom units, resulting in an impressive monthly cash flow of $10,886 and an annual income of $129,516. Your investment is secured further by the addition of modern in-unit laundry facilities, providing convenience and appeal to both residents and future occupants. But the potential for profitability doesn't end there. With a promising rental upside of 70% for the 4-Plex unit, your investment in Santa Clara Ave is poised for substantial growth. Ample off-street parking for 4-6 vehicles ensures convenience and accessibility, enhancing the property's appeal to a wide range of potential tenants. Located in an ideal neighborhood, the property benefits from its proximity to popular retailers, dining options, entertainment venues, and shopping centers, guaranteeing a consistent pool of potential tenant
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Wood |
Listing Information
| Address |
1629 Santa Clara Ave |
| City |
Alameda |
| State |
CA |
| Zip |
94501 |
| County |
Alameda |
| Listing Agent |
Jatin Mehta DRE #02045713 |
| Courtesy Of |
Pellego |
| Close Price |
$1,800,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
10,500 |
| Year Built |
1954 |
Listing information courtesy of: Jatin Mehta, Pellego. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 30th, 2024 at 12:18 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
