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Buy a multi-family propertyat 2158 Central Ave, Alameda, CA 94501

$1,495,000

$1,575,000 (-5.08%)

$0/mo

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Multifamily

7,980 Sq. Ft. lot

0 Bathrooms

341 Days on market

41025972 MLS ID

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About 2158 Central Ave multi-family property

Beautiful, stately, and historic 4-unit 1897 Victorian in unbeatable location. This two-story building is painted stucco with crown moldings, a long driveway leading to ample off-street parking in the rear as well as garage and basement storage space. Walking through the front door leads you to a light filled entry way with units A & B on the ground floor and units C & D upstairs past a beautiful large stained glass window. All four units have hardwood floors except in kitchen and bath. Many units have coved ceilings, large windows, and every unit has additional rear-entry points to/from parking area. There are three 1-bedrooms and one 2-bedroom in this grand 3241 sq. ft. house on a large 7,980 sq. ft. lot (according to County records). The 2-bedroom unit has been most recently renovated with spacious open concept living/dining/kitchen area with recessed lighting and newer appliances. Other units are in good condition with longer term tenants. Location is absolutely prime, with all the services, entertainment, and fun of Park St. just a few blocks away. All units are currently rented. Shared coin-op washer/dryer in basement. Simply an incredible income property opportunity!
Beautiful, stately, and historic 4-unit 1897 Victorian in unbeatable location. This two-story building is painted stucco with crown moldings, a long driveway leading to ample off-street parking in the rear as well as garage and basement storage space. Walking through the front door leads you to a light filled entry way with units A & B on the ground floor and units C & D upstairs past a beautiful large stained glass window. All four units have hardwood floors except in kitchen and bath. Many units have coved ceilings, large windows, and every unit has additional rear-entry points to/from parking area. There are three 1-bedrooms and one 2-bedroom in this grand 3241 sq. ft. house on a large 7,980 sq. ft. lot (according to County records). The 2-bedroom unit has been most recently renovated with spacious open concept living/dining/kitchen area with recessed lighting and newer appliances. Other units are in good condition with longer term tenants. Location is absolutely prime, with all the services, entertainment, and fun of Park St. just a few blocks away. All units are currently rented. Shared coin-op washer/dryer in basement. Simply an incredible income property opportunity!

Property details

Appliances & Equipment

Gas Water Heater

Dryer

Washer

Building

Built in 1897

Stucco

Disclosures

Rent Control

Expenses

Insurance Expense: $2,217

Floors

Laminate

Tile

Wood

Heating

Wall Furnace

Income

Net Operating Income: 75078

Listing

Listing ID: 41025972

Property Subtype: Quadruplex

69 days on market

Rent controlled

Location

County: Alameda

Subdivision: ALAMEDA

Lot

7980 sqft

0.18 acres

Area: 7980

Back Yard

Front Yard

Garden

Yard

Parking

4 total parking spaces

Assigned

On Street

Possession

Close Of Escrow

Property

4 units

Roof

Shingle

Sewer

Public Sewer

Tenant Pays

Gas

Monthly cost

Estimated monthly cost

$9,527/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,405,300

+$44,850

$1,450,150

Seller agent commission$44,850 (3%)*

$0 (0%)

Buyer agent commission$44,850 (3%)*

$44,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: May 4, 2024 at 9:14 p.m.

Data updated: Aug 6, 2023 at 6:05 p.m.

Property listed by BHHS Drysdale Properties, Steve Cressy
Based on information from California Regional Multiple Listing Service, Inc. as of 08/06/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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