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8-Unit Apartment Building
New
For Sale
$2,450,000

1611 Santa Clara Ave, Alameda, CA 94501

Residents have access to on-site laundry, secured storage, and covered parking.

Property SizeContact for details
Days on Market2

Property Features for 1611 Santa Clara Ave

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/1BA, 2 x 3BR/1BA, 2 x 3BR/2BA
Multifamily Units 8

Additional Details

Cap Rate 6.38%
Public Transit Yes

Amenities

private fenced yards
onsite laundry facilities
secured storage area
Unit Mix of Four 2BD/1BA, Two 3BD/1BA, and Two 3BD/2BA Units.
Extensive Capital Improvements Completed, Including a New Pitched Composite Roof (2022), Soft-Story Seismic Retrofit, Upgraded Electrical Panels and Circuit Breakers, and Automatic Gas Shut-Off Valves
Onsite Laundry Facilities and Large Secured Storage Area with Additional Income Potential.
Convenient access to Oakland, San Francisco, and the Greater Bay Area.

Building Details

Year Built 1965
Listing Agency: Marcus & Millichap - San Francisco
Listed By: Jon Holmquist · License #License(s): CA: 01257479
Source: Marcusmillichap
Added: Oct 4 Last Checked: Oct 4 at 2:02PM

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 Marcus & Millichap - San Francisco

Investment Insights

Based on property information with market context.

This Alameda apartment property contains eight units: four 2-bedroom/1-bath apartments, two 3-bedroom/1-bath apartments, and two 3-bedroom/2-bath apartments. Eight covered parking spaces serve the building, and select apartments have private fenced yards. On-site laundry and a secured storage area add to the property’s shared amenities.

Built circa 1965, the property has a composite pitched roof installed in 2022 and a completed soft-story seismic retrofit. Electrical panels and circuit breakers have been upgraded, and gas shut-off valves are in place. The address is 1611 Santa Clara Ave in Alameda, California.

Key Highlights

  • Eight apartments: four 2‑bedroom/1‑bath, two 3‑bedroom/1‑bath, and two 3‑bedroom/2‑bath units
  • Eight covered parking spaces
  • Select units include private fenced yards

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residents have access to on-site laundry, secured storage, and covered parking.
Where is this apartment building located?
The property is located at 1611 Santa Clara Ave Alameda, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Eight apartments: four 2‑bedroom/1‑bath, two 3‑bedroom/1‑bath, and two 3‑bedroom/2‑bath units; Eight covered parking spaces; Select units include private fenced yards
More about this property
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