1629 Santa Clara Ave, Alameda, CA

$1,800,000

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6,219

Square feet

0.24

Acres

About 1629 Santa Clara Ave

To access the marketing package copy/paste: https://bit.ly/kitehillre. This extraordinary property at Santa Clara Ave presents a unique owner-occupy opportunity that's a game-changer for real estate investors. Imagine living in the spacious, 4-bedroom, 2-bathroom 2,100 SQFT home, while offsetting your mortgage with a substantial $5,886/month rental income from the remaining units. The rare unit configuration includes one 4-bedroom, two-bathroom 2-story house, and four two-bedroom, one-bathroom units, resulting in an impressive monthly cash flow of $10,886 and an annual income of $129,516. Your investment is secured further by the addition of modern in-unit laundry facilities, providing convenience and appeal to both residents and future occupants. But the potential for profitability doesn't end there. With a promising rental upside of 70% for the 4-Plex unit, your investment in Santa Clara Ave is poised for substantial growth. Ample off-street parking for 4-6 vehicles ensures convenience and accessibility, enhancing the property's appeal to a wide range of potential tenants. Located in an ideal neighborhood, the property benefits from its proximity to popular retailers, dining options, entertainment venues, and shopping centers, guaranteeing a consistent pool of potential tenant

Features of 1629 Santa Clara Ave

MLS® # 41042200
Price $1,800,000
Bathrooms 0.00
Square Footage 6,219
Acres 0.24
Year Built 1954
Type Residential Income
Sub-Type Quadruplex
Status Pending

Community Information

Address 1629 Santa Clara Ave
Area Listing
City Alameda
County Alameda
State CA
Zip Code 94501

Amenities

Utilities Individual Electric Meter, Individual Gas Meter
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Electric
Cooling No Air Conditioning
Fireplace No

Exterior

Exterior Features No Yard
Lot Description Regular
Construction Stucco

Additional Information

Date Listed October 18th, 2023
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJatin Mehta
OfficePellego

Listing Map

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