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This Multifamily Property is no longer advertised on LoopNet.com.
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
Listing ID: 26781314
Date on Market: 10/5/2022
Last Updated:
Address: 724 Central Ave, Alameda, CA 94501
The West Alameda Multifamily Property at 724 Central Ave, Alameda, CA 94501 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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