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Alameda Multi-Unit Investment Opportunity

1606 MORTON ST Alameda, CA 94501

1606 MORTON ST, Alameda, CA, 94501
$1,995,000
For Sale
$1,995,000

Five-unit property with garages on a 10,000 sq ft lot.

Property Size3,231 SF
Lot Size0.23 Acres
Price / SF$617.46
Days on Market264

Property Features for 1606 MORTON ST

General Information

Standard status
Active
Size
3,231 SF
Lot size
0.23 Acres
Property subtype
Commercial

Building Details

Year Built
1885
Listing Agency SHAMROCK, REALTORS
Listed by JAMES ESMEYER
Source Corcoran
Added: Oct 31, 2025 Updated: Jul 6 at 9:59 am Checked: Jul 20 at 3:49 am

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 SHAMROCK, REALTORS


Investment Insights

Based on property information with market context.

This multi-unit property, located in Alameda, presents an investment opportunity. Constructed around 1885, the building encompasses approximately 3,231 sq ft and is situated on a 10,000 sq ft lot. The property features five one-bedroom, one-bath residences. Each unit includes a one-car garage. Additionally, there are two detached storage buildings. The property is located in Central Alameda, near dining, shopping, and Bayfront amenities. The large lot provides possibilities for expansion, upgrades, or redevelopment.

Key Highlights

  • Five (5) one‑bedroom, one‑bath residences, each with a one‑car garage, providing a solid income stream.
  • Generous 10,000 sq ft lot offers possibilities for expansion, upgrades, or redevelopment (buyer to verify with city).
  • Located in desirable Central Alameda, near dining, shopping, and Bayfront amenities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Garden Center Pharmacy Real Estate Agency Locksmith Electrical Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-unit property with garages on a 10,000 sq ft lot.
Where is this apartment building located?
The property is located at 1606 MORTON ST Alameda, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Five (5) one‑bedroom, one‑bath residences, each with a one‑car garage, providing a solid income stream.; Generous 10,000 sq ft lot offers possibilities for expansion, upgrades, or redevelopment (buyer to verify with city).; Located in desirable Central Alameda, near dining, shopping, and Bayfront amenities.
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