1527 8Th St Alameda, CA 94501
Multifamily property in a desirable location near Webster Street.
Lot size:
0.13 AcresProperty Features for 1527 8Th St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.13 Acres
Building Details
- Year built
- 1912
Source:
Elliman
Listing Agent: Robert Loebl
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Alameda Multifamily Investment Opportunity
Located in Alameda, CA, this multifamily property at 1527 8th Street presents an opportunity to own a stable asset in a sought-after location, situated blocks from Webster Street's amenities. The property, built in 1912, sits on a 0.13-acre parcel and features architectural details reflecting the era. Residents can enjoy a common area garden. The main building includes a basement with bike parking, two storage areas, and a coin-operated laundry. A private enclosed garage is also present. The unit mix comprises one studio, two one-bedroom one-bath apartments, one two-bedroom one-bath apartment, and a detached one-bedroom one-bath cottage with its own garden area. Each unit is separately metered for gas and electricity. The property's location, low historical vacancy, minimal maintenance needs, potential rental upside upon tenant turnover, and overall appreciation potential make it an attractive investment.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Alameda
- County
- Alameda
- State
- California
- Longitude
- -122.2728145
- Latitude
- 37.7743637
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FAQs
What type of property is this?
Apartment building - Multifamily property in a desirable location near Webster Street.
Where is this apartment building located?
The property is located at 1527 8Th St Alameda, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Prime Location: Blocks from Webster Street amenities in a coveted Alameda location.; - Strong Investment Potential: Low historical vacancy and potential for rental upside upon tenant turnover.; - Multifamily Asset: Five units consisting of a studio, two 1-bedroom/1-bath apartments, one 2-bedroom/1-bath apartment, and a detached 1-bedroom/1-bath cottage.
