2310 Pacific AVE Active

Alameda,CA 94501

$ 1500000

- Bed

- Bath

2289 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,289 sqft

Price per Sqft $655

MLS Listing ID ML82022220

Year Built 1905

Lot Size 7,467 Sqft

Property Sub-Type Fourplex

Property Description

2310 Pacific Ave presents an exceptional investment opportunity in the heart of Alameda with nearly a 5% cap rate. This four-unit property offers immediate upside, with three of the four units currently vacant and ready to be leased at market rates. The building sits on a massive lot, creating potential for additional income opportunities, while the finished side yard serves as a private retreat. Ample off-street parking adds convenience and value, and the property is situated within the highly sought-after East Alameda school district. Enjoy the lifestyle benefits of this prime location, boasting a high walkability score and close proximity to Alamedas best amenities. Just a short stroll takes you to Park Streets vibrant mix of shops, cafes, and restaurants such as East End Pizza, Burma Superstar, and Alameda Theatre & Cineplex. Parks, beaches, and local favorites like South Shore Center are all within easy reach, making this property not only a smart investment but also an attractive offering for future tenants.

Location

State CA

County Alameda

Area Alameda Map Area 2

Zoning r2

Interior

Heating Central Forced Air

Cooling None

Flooring Carpet,Hardwood

Exterior

Parking Features Common Parking Area,Guest / Visitor Parking,Parking Area,Uncovered Parking

Utilities Available Other

Roof Type Composition

Building

Foundation Brick / Mortar Perimeter,Capped Brick,Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 071-0201-003

Security Features Other

Horse Property No

Special Listing Condition Not Applicable

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