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1009 Union St
Alameda, CA 94501
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 4,564 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1918 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Zoning | R-4 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,564 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | R-4 |
ABOUT 1009 UNION ST , ALAMEDA, CA 94501
Qualified investors are extended the opportunity to acquire 1009-1011 Union Street located in Alameda's coveted Gold Coast. This well-maintained apartment community was built in 1918 and consists 3 Buildings on one lot. The property boast 1 two bedroom one bath unit, 3 spacious one bedroom / one bathroom units and 1 studio unit in the front building and two 1 bedroom one bathroom cottages in back. Each unit is individually metered for gas and electric. The property boasts a spacious back yard common area along with a balcony and porch in the front building. Tenants enjoy the convenience of an on-site laundry and parking. 1009-1011 Union Street allows both local and regional investors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value. 009-1011 Union Street is located in Alameda’s Gold Coast. The property is in proximity to an abundance of retail, restaurants, and entertainment along Park Street and South Shore Shopping Center. Tenants enjoy the convenience of Alameda Theater, Alameda Beach, and Franklin Park. The properties location provides quick access to major Bay Area transportation arteries including ferry terminals, BART stations and freeways, which directly connect it to San Francisco, the East Bay, North Bay and the Silicon Valley. 1009-1011 Union Street is located in Alameda’s Gold Coast. The property is in proximity to an abundance of retail, restaurants, and entertainment along Park Street and South Shore Shopping Center. Tenants enjoy the convenience of Alameda Theater, Alameda Beach, and Franklin Park. The properties location provides quick access to major Bay Area transportation arteries including ferry terminals, BART stations and freeways, which directly connect it to San Francisco, the East Bay, North Bay and the Silicon Valley. Highlights - First time on the market in over 40 years - 3 Detached Buildings on One Lot - One 5 Unit Building and Two 1 Bedroom / 1 Bath Cottages - Individually Metered for Gas and Electric - Tenant Storage Units and Laundry Facility - On-Site Tenant Parking and Bike Racks - Coveted Alameda Gold Coast Location - Near Park Street and South Shore Shopping Center
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 5 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 072-0306-011-00 | Improvements Assessment | $1,144,767 |
| Land Assessment | $681,924 | Total Assessment | $1,826,691 |
PROPERTY TAXES
