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
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

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

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