739 Santa Clara Ave — Sale in Alameda, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Alameda, CA 94501

Photos

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Investment Figures

Cap rate
5.71%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Baglieri Team at Marcus & Millichap is pleased to offer this fantastic investment property for sale at 739 Santa Clara Avenue in Alameda, CA. The offering consists of a 3-story, 10-unit apartment building totaling approximately 8,804 square feet. The property has a 9,570 square foot lot and includes 10 parking spots behind the building as well as a large storage room (possible ADU) which could be rented for additional income. The building was constructed in 1905 and many of the units have had significant upgrading as the units turned. The property is in good condition with many of the units updated. The units feature hardwood floors, period detailing, bay windows and beautiful moldings. Heating is through gas wall heaters. Tenants have access to an onsite laundry room. Located just off Webster Street and downtown Alameda, making this a prime rental location. Investment Highlights: • Well maintained 10 units + Parking and Storage • Incredible location – walk to downtown Alameda • Lovely units with period details and hardwood floors • Onsite Laundry for tenants

Market Context

This multifamily in Alameda, CA is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Alameda, CA — view the full market.

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