1131 Park Ave Pending

Alameda,CA 94501-5276

$ 1300000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 41075225

Year Built 1902

Lot Size 7,108 Sqft

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.

Location

State CA

County Alameda

Interior

Heating Floor Furnace,Wall Furnace

Flooring Carpet,Laminate,Vinyl,Wood

Exterior

Garage Garage,On Street

Roof Type Shingle

Building

Sewer Public Sewer

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