1815 Pearl St - Apartments FOR SALE


Alameda, CA 94501- Downtown Alameda
$1,650,000 USD
510-523-1144
1815 Pearl St, Alameda, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/12
null | 3.54% Cap Rate

1815 Pearl St
Alameda, CA 94501
Downtown Alameda


HIGHLIGHTS

  • First rate location on a quiet street in desirable East End neighborhood close to schools, services, transit
  • Large detached single family potential owner's home in front with income generating detached duplex in rear
  • Totally rewired and fresh exterior paint

OVERVIEW

Great East End location in highly desirable SF Bay Area HCOL City! Two properties on one lot, single family split level 3-bedroom, 2.5-bath home plus duplex flats in rear, each consisting of two bedrooms and one bath. Home features include living room with fireplace, formal dining room with built in cabinetry and separate breakfast nook, lovely hardwood floors, and laundry area in basement. Separately metered for gas, electric, and water. Great income property with some deferred maintenance in the rear building. Front home in good condition with new water heater and furnace in 2021. Both properties with all new electrical in 2021 so NO KNOB and TUBE WIRING! Long driveway with 1-car garage. Great schools! Shopping center nearby. Excellent investor opportunity.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$505 USD /SF

# OF UNITS

3

PRICE/UNIT

$550,000

CAP RATE

3.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-4, Alameda

APN/PARCEL ID

070-0161-048-00

ASK ABOUT THIS PROPERTY

Steve CressyBerkshire Hathaway Drysdale PropertiesMore Info
510-523-1144

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Steve CressyBerkshire Hathaway Drysdale PropertiesMore Info
510-523-1144

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.