1131 Park Ave, Alameda, CA 94501-5276

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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.


Interior Features

Bedroom Information
Bedrooms N/A
Flooring Information
Material Carpet, Laminate, Vinyl, Wood

Listing Information

Address 1131 Park Ave
City Alameda
State CA
Zip 94501-5276
County Alameda
Listing Agent Joey Wang DRE #01890931
Courtesy Of Keller Williams Realty
List Price $1,300,000
Status Pending
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 7,110
Year Built 1902

Listing information courtesy of: Joey Wang, Keller Williams Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 28th, 2024 at 5:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.