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1131 Park Ave Alameda, CA 94501-5276
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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41075225
Year Built 1902
Lot Size 7,108 Sqft
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
Flooring Carpet, Laminate, Vinyl, Wood
Exterior
Parking Features Garage, On Street
Roof Type Shingle
Building
Sewer Public Sewer
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Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER