Apartment Building with
For Sale
Contact for pricing
Pending
1131 Park Ave, Alameda, CA 94501
Apartment Building with Garages
Property SizeContact for details
Days on Market145
Property Features for 1131 Park Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Financials
Cap Rate
6.74%
Business Included
Yes
Additional Details
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
The Turtlestone Group
Listed By:
David Cotton · License #01227191
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Aug 29 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Turtlestone Group
Investment Insights
Based on property information with market context.
1129–1131 Park Ave is a two-building, five-unit apartment property on one lot with three garages. The 1131 building contains four residences, including three 1-bedroom units and one 2-bedroom unit, along with one garage. The 1129 building includes one 1-plus bedroom residence with two garages, a private yard, a laundry room, and additional storage.
All units are fully leased, as are two of the three garages. The third garage is currently used by the owner. The property is described as in good condition and has been freshly painted, and all units are City Certified and separately metered.
The owner may carry for the right buyer.
All units are fully leased, as are two of the three garages. The third garage is currently used by the owner. The property is described as in good condition and has been freshly painted, and all units are City Certified and separately metered.
The owner may carry for the right buyer.
Key Highlights
- Two‑building, 5‑unit apartment property on one lot at 1129–1131 Park Ave with 3 garages
- 1131 Park Ave has 4 residences: three 1‑bedroom units and one 2‑bedroom unit, with 1 garage
- 1129 Park Ave has 1 residence (1+ bedroom) plus two garages; includes a private yard, laundry room, and additional storage
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,912
Businesses Nearby
Explore this area
Business Placement
Demographics for 94501, CA
64,116
Population
27,117
Households
2.4
Avg Household Size
41
Median Age
58%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
8,015
Density / Sq Mi
$119,500
Median Household Income
$75,514
Median Earnings
$2,362
Median Rent
$1,213,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Apartment Building with Garages
Where is this multifamily property located?
The property is located at 1131 Park Ave Alameda, CA.
What are key features of this property?
This property features: Two‑building, 5‑unit apartment property on one lot at 1129–1131 Park Ave with 3 garages; 1131 Park Ave has 4 residences: three 1‑bedroom units and one 2‑bedroom unit, with 1 garage; 1129 Park Ave has 1 residence (1+ bedroom) plus two garages; includes a private yard, laundry room, and additional storage
