1527 8th St | Alameda, CA 94501
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- LoopNet Team
1527 8th St
Alameda, CA 94501
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Many recent improvements with units B, C, and D having undergone renovations.
- Walking distance to restaurants, retail and entertainment of Webster Street.
- Spacious patio with attractive landscaping to rear of the property provides charming setting with ample outdoor space for tenants.
- Current leases are 22% below market allowing a new owner to capture rental tremendous upside upon turnover.
- 1/2 mile to Crown Memorial State Beach.
- Superior cottage (unit E to rear) provides desirable privacy.
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,140 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1912/2020 |
| Building Class | C | Parking Ratio | 0.32/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R-5 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,140 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1912/2020 |
| Parking Ratio | 0.32/1,000 SF |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $670.00 | 475 |
| 1+1 | 2 | $1,480 | 550 |
| 1+1 | 1 | $1,680 | 650 |
| 2+1 | 1 | $2,500 | 915 |
PROPERTY TAXES
| Parcel Number | 073-0419-006-00 | Improvements Assessment | $1,057,061 |
| Land Assessment | $504,070 | Total Assessment | $1,561,131 |
PROPERTY TAXES
Parcel Number
073-0419-006-00
Land Assessment
$504,070
Improvements Assessment
$1,057,061
Total Assessment
$1,561,131
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