1523 Broadway, ALAMEDA, California

$1,800,000

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5,662

Square feet

0.13

Acres

About 1523 Broadway

The subject property consists of one three story building constructed circa 1917 (per public records) of wood frame with a pitched composite roof. Tenants each have a dedicated assigned off-street parking space, and there is ample basement storage (currently used by owner). Unit B (top floor) one-bedroom one-bath with washer dryer, C (bottom floor) two-bedroom one-bath, and D (top floor) one-bedroom one bath, were all recently renovated and are in great condition. The large three-bedroom/one-bath unit A (middle floor) three-bedroom one-bath with washer dryer hookups is occupied by a long-term tenant with below market rents, which presents significant upside for a new buyer or owner user upon acquisition and turnover. The well-located building features attractive landscaping to the front of the property, open tenant parking on concrete slab to the rear, and is separately metered for PG&E which ensures minimal expense for the owner.

Features of 1523 Broadway

MLS® # 40960889
Price $1,800,000
Square Footage 5,662
Acres 0.13
Year Built 1917
Type Residential Income
Sub-Type FOURPLEX
Status Active

Community Information

Address 1523 Broadway
Area Alameda Map Area 1
City ALAMEDA
County Alameda
State California
Zip Code 94501

Amenities

Features Extra Storage, Garden, Storage Area(s)
Parking Spaces 4
Parking Space Per Unit - 1, Uncovered Parking Space, Spaces - Assigned

Interior

Heating Other Heat
Cooling Ceiling Fan(s)
Fireplace No

Exterior

Exterior Wood Frame, Wood Shingles
Lot Description Level
Roof Composition Shingles

Additional Information

Date Listed July 29th, 2021
Short Sale No
RE / Bank Owned No

Listing Details

AgentJon Holmquist
OfficeMARCUS & MILLICHAP

Listing Map

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