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- LoopNet Team
This Multifamily Property is no longer advertised on LoopNet.com.
1715 Central Ave
Alameda, CA 94501
Central Apartments · Multifamily Property For Sale
·
34 Units

Investment Highlights
- Incredibly Low Sale Velocity Market for 20+ Unit Buildings
- In-Place Cap Rate of 7.08%
- Private Patios in Select Units
- Attractive basis of $220,588 Per unit
- RUBS Implemented
- Centralized Location to Premier Retail Corridors
Property Facts
| No. Units | 34 | Building Size | 22,300 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 0.44 AC | ||
| Zoning | R5 | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 22,300 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | R5 |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Deck
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Storage Space
- Elevator
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | - | 725 |
| 2+1 | 8 | - | 850 |
Property Taxes
| Parcel Number | 072-0302-010-00 | Improvements Assessment | $3,925,031 |
| Land Assessment | $1,793,008 | Total Assessment | $5,733,883 |
Property Taxes
Parcel Number
072-0302-010-00
Land Assessment
$1,793,008
Improvements Assessment
$3,925,031
Total Assessment
$5,733,883
Listing ID: 35916610
Date on Market: 5/19/2025
Last Updated:
Address: 1715 Central Ave, Alameda, CA 94501
The West Alameda Multifamily Property at 1715 Central Ave, Alameda, CA 94501 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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