Qualified investors are extended the opportunity to acquire 2001-2005 Alameda Ave and 1314 Chestnut St located in Alameda, CA. Built in 1918 the subject property has been meticulously maintained for the last 40 plus years and consists of 3 buildings on one lot. The property boasts 2 Studio units, 12 spacious one bedroom / one bathroom units, 2 one bedroom one bath units plus den and 2 two bedroom one bathroom unit. Each unit has its own unique floor plan, includes individual hot water heaters on the 2005 Alameda Ave Building and is individually metered for gas and electric throughout. Tenants enjoy the convenience of an on-site laundry facility and on-site parking. The subject property 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.
2001-2005 Alameda Avenue & 1312 Chestnut Street is located in the desirable East End of Alameda. Tenants enjoy the convenience of shops, restaurants, and entertainment
along Alameda’s vibrant Park Street and South Shore Shopping Center. The subject property location offers quick access to major Bay Area transportation arteries, directly connecting it to San Francisco, the East Bay, North Bay and the Silicon Valley. Other nearby conveniences include Alameda Theater, Alameda Beach, and Franklin Park.
Highlights:
- First Time on the Market in over 40 Years
- 3 Buildings on 1 Lot
- Unique Floor Plans Throughout
- Two Spacious 2 Bedroom / 1 Bath units
- Two 1 Bedroom / 1 Bath Plus Den
- Twelve Spacious 1 Bedroom / 1 Bathroom Units
- Two Studio Units
- Individually Metered for Gas and Electric
- On-site Parking, Laundry and Storage
