Log In/Sign Up
Your email has been sent.
10-Unit Multi-Family Property 2216 Santa Clara Ave 10 Unit Apartment Building $1,600,000 ($160,000/Unit) Alameda, CA 94501
Investment Highlights
- 10 Units just blocks from the vibrant shops, restaurants, and culture of downtown Park Street in Alameda.
- Market rent potential estimated at $18,000–$25,000 monthly.
- Present rental income of $8,354 monthly with room for growth.
Executive Summary
The building is fully occupied by tenants, most of whom are long-term and operating on month-to-month agreements, providing flexibility for future adjustments. The owner covers water and garbage expenses, while tenants handle PG&E through separate meters, ensuring streamlined utility management. The site includes 10 dedicated parking spaces plus a two-car garage, enhancing convenience for occupants and visitors.
Property Facts Under Contract
| Price | $1,600,000 | Building Class | B |
| Price Per Unit | $160,000 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 6,990 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low-Rise | Parking Ratio | 1.72/1,000 SF |
| Price | $1,600,000 |
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 6,990 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.72/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 2+1 | 2 | - | - |
| 1+1 | 7 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 071-0218-029-00 | Improvements Assessment | $210,792 |
| Land Assessment | $149,306 | Total Assessment | $360,098 |
Property Taxes
Parcel Number
071-0218-029-00
Land Assessment
$149,306
Improvements Assessment
$210,792
Total Assessment
$360,098
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
10-Unit Multi-Family Property | 2216 Santa Clara Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.