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Listed by Danny Burgess • eXp Realty of California Inc
$ 1,500,000
Est. payment /mo
New
2310 Pacific AVE Alameda, CA 94501
2,289 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,289 sqft
Price per Sqft $655
MLS Listing ID ML82022220
Year Built 1905
Lot Size 7,467 Sqft
Property Sub-Type Fourplex
Source MLSListings, Inc.
Property Description
2310 Pacific Ave presents an exceptional investment opportunity in the heart of Alameda with nearly a 5% cap rate. This four-unit property offers immediate upside, with three of the four units currently vacant and ready to be leased at market rates. The building sits on a massive lot, creating potential for additional income opportunities, while the finished side yard serves as a private retreat. Ample off-street parking adds convenience and value, and the property is situated within the highly sought-after East Alameda school district. Enjoy the lifestyle benefits of this prime location, boasting a high walkability score and close proximity to Alamedas best amenities. Just a short stroll takes you to Park Streets vibrant mix of shops, cafes, and restaurants such as East End Pizza, Burma Superstar, and Alameda Theatre & Cineplex. Parks, beaches, and local favorites like South Shore Center are all within easy reach, making this property not only a smart investment but also an attractive offering for future tenants. Reach out to listing agent(s) regarding financials.
Location
State CA
County Alameda
Area Alameda Map Area 2
Zoning r2
Interior
Heating Central Forced Air
Cooling None
Flooring Carpet, Hardwood
Exterior
Parking Features Common Parking Area, Guest / Visitor Parking, Parking Area, Uncovered Parking
Garage Spaces 12.0
Utilities Available Other
Roof Type Composition
Building
Foundation Brick / Mortar Perimeter, Capped Brick, Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Tax ID 071-0201-003
Special Listing Condition Not Applicable
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