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    2119 Alameda Ave Alameda, CA 94501

    For Sale
    $1,400,000

    Five-unit property in Central Alameda with strong rental income.

    Property size:
    3,204 SF

    Property Features for 2119 Alameda Ave

    General Information

    Standard status
    Active
    Size
    3,204 SF

    Building Details

    Year built
    1933

    Source: CERDA-ZEIN REAL ESTATE Agent JOSE CERDA-ZEIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Central Alameda Five-Unit Property

    Located in the heart of Central Alameda, 2117–2119 Alameda Ave is a five-unit property situated on a single lot. The property includes a fourplex featuring three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, in addition to a detached 2-bedroom/1-bath single-family home with a private yard. The property is fully leased and professionally managed, generating a gross monthly rent of $10,555, which amounts to $126,660 annually. The location provides convenient access to shops, restaurants, and a historic theater on Park Street, as well as the SF Ferry, BART, O-Bus, I-880, and Oakland Airport. This property is suitable for rental income or for an owner-occupant who wants to live on-site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.2496383
    Latitude
    37.7661465

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Central Alameda with strong rental income.
    Where is this apartment building located?
    The property is located at 2119 Alameda Ave Alameda, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - High Rental Income: Generates $10,555 per month ($126,660 annually) in gross rent.; - Five Units on One Lot: Includes a fourplex and a detached single-family home.; - Fully Leased and Professionally Managed: Ensures immediate and hassle-free income.
    (510) 523-5673
    Request Owner's contact information
    2119 Alameda Ave Alameda, CA 94501
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    Alameda, CA 94501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2119 Alameda Ave Alameda, CA 94501
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