Two-Unit Residential Income
2517 Webb Ave Alameda, CA 94501
New
For Sale
$999,800
Duplex features an upstairs 3-bed, 2-bath unit and a downstairs 2-bed, 1-bath unit with a flat backyard and attached garage.
Property Size2,053 SF
Price / SF$486.99
Days on Market4
Property Features for 2517 Webb Ave
General Information
Standard status
Active
Size
2,053 SF
Property subtype
Multi Family
Building Details
Year Built
1908
Listing Agency:
Bay Home Investments&Loans
(510) 962-2428
Listed By:
Jimmy J.H. He · License #01877145
(510) 962-2428
Source:
Exitrealty
Added: Jul 26
Changed: Jul 29
Last Checked: Jul 29 at 4:06AM
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 Bay Home Investments&Loans
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units with an upstairs layout that includes three bedrooms, two bathrooms, a large living room, and a kitchen/dining combination. The lower unit provides two bedrooms and one bathroom.
A flat backyard includes matured fruit trees and is designed for outdoor gatherings and gardening. An attached 1-car garage provides tandem parking for two small cars and includes additional space that may support an ADU conversion.
The property is located on a quiet street and is close to shopping, dining, and a high school, with freeway 880 minutes away.
A flat backyard includes matured fruit trees and is designed for outdoor gatherings and gardening. An attached 1-car garage provides tandem parking for two small cars and includes additional space that may support an ADU conversion.
The property is located on a quiet street and is close to shopping, dining, and a high school, with freeway 880 minutes away.
Key Highlights
- Duplex built in 1908 with an upstairs 3‑bedroom, 2‑bath unit and a downstairs 2‑bedroom, 1‑bath unit
- Upper unit includes 3 bedrooms, 2 bathrooms, a large living room, and a kitchen/dining combo
- Downstairs unit offers 2 bedrooms and 1 bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.7k | $51.00 |
| − Vacancy | −$6.3k | −$3.05 |
| EGI | $98.4k | $47.95 |
| − OpEx | −$29.5k | −$14.39 |
| NOI | $68.9k | $33.57 |
2,053 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$984.4K
$861.4K – $1.15M
NOI $68,909 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$424.9K
$371.8K – $495.7K
NOI $29,740 @ 7.0% cap · market cap 2.97%
Theoretical Best
Retail
$9.36M
$8.19M – $10.92M
NOI $655,167 @ 7.0% cap · market cap 65.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex features an upstairs 3-bed, 2-bath unit and a downstairs 2-bed, 1-bath unit with a flat backyard and attached garage.
Where is this duplex located?
The property is located at 2517 Webb Ave Alameda, CA.
What is the asking price?
The asking price for this property is $999,800.
What are key features of this property?
This property features: Duplex built in 1908 with an upstairs 3‑bedroom, 2‑bath unit and a downstairs 2‑bedroom, 1‑bath unit; Upper unit includes 3 bedrooms, 2 bathrooms, a large living room, and a kitchen/dining combo; Downstairs unit offers 2 bedrooms and 1 bathroom
