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

1629 Santa Clara Ave, Alameda, California 94501

  • Residential Income Property Type
  • 20 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.

Basic Details
Residential Income
Buy
41042026
$1,800,000
0 Sqft
1954
10,500 Sqft
Pending
Condos/Co-ops
Features
: Electric
4
$0
Address
CA
Alameda
Alameda
94501
1629 Santa Clara Ave
1629
0
W123° 44' 37.2''
N37° 46' 19.5''
Additional Information
20
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
Google Maps Cross Street: Grand Street.
Destrahan
Harry Hurst
Pellego
Jatin Mehta
BMLS-OBPELLEGO
BMLS-R02045713
$0
: Stucco
174
1
1
5
US-06001-N-072 031802600-R-N
16/10/2023 16:17:43
Santa Clara Ave
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