1173 Park Ave, Alameda, CA

$1,799,000

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7

Beds

3,482

Square feet

0.15

Acres

About 1173 Park Ave

Stately Colonial Revival Fourplex located on the desirable and sought after residential East End of Downtown Alameda. Excellent location directly across the street from Chochenyo Park. Period Details. 3 units are 2 bedrooms/1ba and 1 unit is 1 bedroom/1ba. 6 Off street parking spaces. Great Investment property in unbeatable neighborhood and location. Large lot offers the opportunity for addition of ADU. Separately metered for gas and electricity, and tenant pays hot H2O. With a 93 walk score, the property is steps to great shops, restaurants, movies offers at Park St commercial district, South Shore Center, Alameda Beach, Shoreline Drive walking and biking trails! 25% upside potential in rent income. 2.8% cap rate on current income and 3.8% on proforma rent

Features of 1173 Park Ave

MLS® # 40999604
Price $1,799,000
Bedrooms 7
Bathrooms 0.00
Square Footage 3,482
Acres 0.15
Year Built 1906
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1173 Park Ave
Area Alameda Map Area 1
City Alameda
County Alameda
State CA
Zip Code 94501

Amenities

Parking Off Street
View Greenbelt, Park
Is Waterfront No
Has Pool No

Interior

Interior Features Updated Kitchen
Heating Baseboard
Cooling No Air Conditioning
Fireplace No

Exterior

Exterior Features Back Yard, Front Yard, Greenbelt
Lot Description Level, Regular, Back Yard, Front Yard
Construction Wood Siding

School Information

District Alameda (510) 748-4000

Additional Information

Date Listed June 29th, 2022
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteven Wang
OfficeCA Golden Properties

Listing Map

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