1527 8th St, Alameda, CA 94501
1527 8th St, Alameda, CA 94501
1527 8th St, Alameda, CA 94501
1527 8th St, Alameda, CA 94501
1527 8th St, Alameda, CA 94501
1527 8th St, Alameda, CA 94501
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Kevin Kieffer

Kevin Kieffer

+1(925) 300-8000
Listed by Welcome Management Corporation 
$ 1,575,000
Est. payment | /mo

3,140 SqFt

Save
$ 1,575,000
Est. payment | /mo
Save

3,140 SqFt

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,140 sqft

Price per Sqft $501

Subdivision West End

MLS Listing ID 41136830

HOA Y/N No

Year Built 1912

Lot Size 5,600 Sqft

Property Sub-Type 5 or More Units

Source BAY EAST

Property Description

1527 8th Street, Alameda, CA offers discerning buyers the chance to own a stable multifamily asset in a coveted location, just blocks from the vibrant amenities of Webster Street. Astute investors will appreciate not only the superb location, but also the low historical vacancy, minimal maintenance requirements, embedded rental upside available upon tenant turnover, and robust overall appreciation potential. The property is comprised of a 0.13-acre parcel with original building construction dating to 1912. The architectural detail and period style is reflective of the boom times on the island during that era. Residents enjoy a generous and attractive common area garden space at the middle of the parcel. The main building also includes a spacious basement area with bike parking for tenants, two large storage areas, and a coin operated laundry machine and dryer. There is also a private enclosed garage which beckons for a potential future owner-occupant. The unit mix consists of one (1) studio; two (2) one-bedroom one-bath apartments; one (1) two-bedroom one-bath apartment; plus a free-standing one-bedroom one-bath cottage featuring its own generous secluded garden area at the rear of the property. Each unit is separately metered for gas and electricity.

Location

State CA

County Alameda

Interior

Heating Zoned, MultiUnits

Cooling None

Flooring Hardwood, Hardwood Flrs Throughout

Fireplace No

Window Features Double Pane Windows

Appliance Washer

Building

Lot Description 2 Houses / 1 Lot, Level, Rectangular Lot, Back Yard, Garden, Landscaped, See Remarks

Water Meter on Site

Kevin Kieffer

"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"

+1(925) 300-8000

kevin@eastbaypro.com

1646 N California Blvd, Walnut Creek, CA 94596, USA

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