About 1131 Park Ave
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.
Features of 1131 Park Ave
| MLS® # | 41075225 |
|---|---|
| Price | $1,300,000 |
| Bedrooms | 6 |
| Bathrooms | 0.00 |
| Square Footage | 3,596 |
| Acres | 0.16 |
| Year Built | 1902 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Community Information
| Address | 1131 Park Ave |
|---|---|
| Area | Listing |
| City | Alameda |
| County | Alameda |
| State | CA |
| Zip Code | 94501-5276 |
Amenities
| Utilities | Natural Gas Connected, Individual Electric Meter, Individual Gas Meter |
|---|---|
| Parking Spaces | 3 |
| Parking | Attached, Off Street, Parking Lot, Uncovered Park Spaces 2+ |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage |
|---|---|
| Appliances | Dryer, Washer, Gas Water Heater |
| Heating | Floor Furnace, Wall Furnace |
| Cooling | Ceiling Fan(s), Room Air |
| Fireplace | No |
Exterior
| Exterior Features | Low Maintenance |
|---|---|
| Lot Description | 2 Houses / 1 Lot, Landscape Front, Landscape Back |
| Construction | Frame, Wood Siding, Asphalt, Shingles |
Additional Information
| Date Listed | October 3rd, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joey Wang |
|---|---|
| Office | Keller Williams Realty |