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$1,500,000
Est. payment /mo
2,289 SqFt
Active
2310 Pacific AVE Alameda, CA 94501
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,289 sqft
Price per Sqft $655
MLS Listing ID ML82022220
HOA Y/N No
Year Built 1905
Annual Tax Amount $4,972
Lot Size 7,466 Sqft
Property Sub-Type Quadruplex
Property Description
2310 Pacific Ave presents an exceptional investment opportunity in the heart of Alameda with nearly a 5% cap rate. This four-unit property offers immediate upside, with three of the four units currently vacant and ready to be leased at market rates. The building sits on a massive lot, creating potential for additional income opportunities, while the finished side yard serves as a private retreat. Ample off-street parking adds convenience and value, and the property is situated within the highly sought-after East Alameda school district. Enjoy the lifestyle benefits of this prime location, boasting a high walkability score and close proximity to Alamedas best amenities. Just a short stroll takes you to Park Streets vibrant mix of shops, cafes, and restaurants such as East End Pizza, Burma Superstar, and Alameda Theatre & Cineplex. Parks, beaches, and local favorites like South Shore Center are all within easy reach, making this property not only a smart investment but also an attractive offering for future tenants.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning r2
Interior
Heating Central
Cooling None
Flooring Carpet, Wood
Fireplace No
Exterior
Parking Features Guest, Uncovered
Utilities Available Other
View Y/N No
Roof Type Composition
Accessibility Other
Total Parking Spaces 12
Building
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Alameda City Unified
Others
Tax ID 0710201003
Special Listing Condition Standard

Listed by Danny Burgess eXp Realty of California Inc
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