724 Central Ave | Alameda, CA 94501
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- LoopNet Team
724 Central Ave
Alameda, CA 94501
724 Central Ave · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Value Add Opportunity
- 23% gap between current average rents and market rents
- First Time On Market in 20 + Years
PROPERTY FACTS
| No. Units | 18 | Building Size | 12,380 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1956 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | R-5 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 12,380 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | R-5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $2,126 | 600 |
| 2+1 | 12 | $2,200 | 715 |
| 2+2 | 1 | $2,700 | 800 |
PROPERTY TAXES
| Parcel Number | 074-1328-002-00 | Improvements Assessment | $3,100,392 |
| Land Assessment | $1,456,560 | Total Assessment | $4,556,952 |
PROPERTY TAXES
Parcel Number
074-1328-002-00
Land Assessment
$1,456,560
Improvements Assessment
$3,100,392
Total Assessment
$4,556,952
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