Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER
$1,325,000
$1,300,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
3,596 SqFt
SOLD DATE : 12/13/2024
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,596 sqft
Price per Sqft $368
MLS Listing ID 41075225
Sold Date 12/13/24
HOA Y/N No
Originating Board Bridge AOR
Year Built 1902
Lot Size 7,110 Sqft
Property Sub-Type Quadruplex
Property Description
Alameda's 1131 Park Avenue is a dream for investors seeking an owner-occupy multifamily. Located in the buzzworthy Park Street District, this charming Victorian-style property features 1BR/1BA units and one 2BR/1BA unit. Onsite laundry is available, as is onsite parking. One of the 1BR units will be delivered vacant, allowing the buyer to occupy or handpick their own tenant. With a gross potential income of $12,316 per month, PITI should be covered with a 20% down payment. Tenants will love all this location offers, including dining (Burma Superstar, Speisekammer), retail (Safeway, Trader Joe's), nearby parks (Chochenyo, Alameda Beach), and great schools (Frank Otis Elementary, Lincoln Middle, Alameda High). This is a rare chance to own a beautiful property in one of Alameda's most vibrant neighborhoods.
Location
State CA
County Alameda
Interior
Heating Floor Furnace, Wall Furnace
Cooling Ceiling Fan(s), Room Air
Flooring Laminate, Partial Carpeting, Vinyl, Wood
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Laundry Common Area, Dryer, Laundry Room, Washer, Washer/Dryer Hookups
Building
Lot Description 2 Houses / 1 Lot, Landscape Front, Landscape Back
Water Public
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