fbpx

$1,800,000
0 Sqft
10,500 Sqft lot

1629 Santa Clara Ave, Alameda, California 94501

  • Residential Income Property Type
  • 17 Days Time on market
  • 1954 Year Built
Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. This extraordinary property at Santa Clara Ave presents a unique owner-occupy opportunity that’s a game-changer for real estate investors. Imagine living in the spacious, 4-bedroom, 2-bathroom 2,100 SQFT home, while offsetting your mortgage with a substantial $5,886/month rental income from the remaining units. The rare unit configuration includes one 4-bedroom, two-bathroom 2-story house, and four two-bedroom, one-bathroom units, resulting in an impressive monthly cash flow of $10,886 and an annual income of $129,516. Your investment is secured further by the addition of modern in-unit laundry facilities, providing convenience and appeal to both residents and future occupants. But the potential for profitability doesn’t end there. With a promising rental upside of 70% for the 4-Plex unit, your investment in Santa Clara Ave is poised for substantial growth. Ample off-street parking for 4-6 vehicles ensures convenience and accessibility, enhancing the property’s appeal to a wide range of potential tenants. Located in an ideal neighborhood, the property benefits from its proximity to popular retailers, dining options, entertainment venues, and shopping centers, guaranteeing a consistent pool of potential tenant

Basic Details
Residential Income
Buy
41042200
$1,800,000
0 Sqft
1954
10,500 Sqft
Pending
Quadruplex
Multi-family
Features
: Electric
4
$0
: Public Sewer
Address
CA
Alameda
Alameda
94501
1629 Santa Clara Ave
1629
0
W123° 44' 37.2''
N37° 46' 19.5''
Additional Information
17
0
1
0 Sqft
0 Sqft
0 Sqft
0.24 Sqft
10,500 Sqft
0 Sqft
072 031802600
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
10/06/2024
10/06/2024 00:00:00
$1,899,000
Cash,Conventional
Google Maps Cross Street: Grand Street.
Destrahan
Harry Hurst
Pellego
Jatin Mehta
BMLS-OBPELLEGO
BMLS-R02045713
$0
: Stucco
172
: Carpet, Wood
1
1
5
US-06001-N-072 031802600-R-N
Quadruplex
18/10/2023 16:00:42
Santa Clara Ave
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$