$1,275,000
Rare investment opportunity featuring two separate homes on one lot, each with its own private outdoor space. Both units are currently rented, providing immediate and stable income. Each home offers strong tenant appeal with hardwood floors, in-unit laundry, and distinctive character. The front residence is a three-bedroom, one-and-a-half-bath home with a large basement and a recently painted exterior, offering long-term durability and potential added value. The rear residence is a two-story home with three spacious bedrooms and two bathrooms, including a bedroom on the main level—ideal for flexible living arrangements and broad rental demand. Located minutes from Park Street and South Shore Center, and close to Crown Memorial State Beach, this centrally located Alameda property benefits from consistent rental demand, walkable amenities, and a highly desirable coastal location. An excellent opportunity for investors seeking a multi-unit property with solid cash flow, long-term appreciation, and future upside in one of Alameda’s most sought-after neighborhoods. Now if your time to start or add to your Investment Portfolio or for future Multi Generational Living in Alameda. Viewings By Appointment.
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Listed by Elisa Uribe with Golden Gate Sothebys International Realty (510) 542-2600
Property Type
Single Family Residence
Status
Active
MLS Number
41122829
Year Built
1909
Lot Size
6,730 sq ft