544 Central Ave | Alameda, CA 94501
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
544 Central Ave
Alameda, CA 94501
ArtHaus Central · Multifamily Property For Sale
·
72 Units
INVESTMENT HIGHLIGHTS
- Phenomenal Value Add Investment in one of the Bay Area’s most desirable submarkets
- Above Average Submarket Occupancy at 96% and projected 2023 rent growth of 4.45%
- Irreplaceable Waterfront Location
- Average in place Rent of $2,239
- First time on the Market in over 38 years
- 92% of the units have value add upside for an extra $21,000+/month
PROPERTY FACTS
| No. Units | 72 | Building Size | 66,540 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 1.64 AC | ||
| Zoning | R-5 | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.64 AC |
| Building Size | 66,540 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R-5 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Views
- Carpet
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Grill
- Recycling
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 600 |
| 1+1 | 35 | - | 798 |
| 2+1 | 35 | - | 900 |
| 3+1 | 1 | - | 1,100 |
PROPERTY TAXES
| Parcel Number | 074-1305-020-01 | Improvements Assessment | $18,000,000 |
| Land Assessment | $5,000,000 | Total Assessment | $23,038,896 |
PROPERTY TAXES
Parcel Number
074-1305-020-01
Land Assessment
$5,000,000
Improvements Assessment
$18,000,000
Total Assessment
$23,038,896
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
