Victorian
For Sale
$998,000
843 Santa Clara Avenue, Alameda, CA 94501
ResidentialIncome, Victorian, Alameda, CA
Property Size1,872 SF
Lot Size0.06 Acres
Price / SF$533.12
Days on Market35
Property Features for 843 Santa Clara Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
r2
Parking features
On Street
Interior features
HighCeiling
Appliances
Microwave, OvenRangeGas, Refrigerator, WasherDryer
Elementary school
AlamedaCityUnified
High school
AlamedaCityUnified
Elementary school district
AlamedaCityUnified
High school district
AlamedaCityUnified
Subdivision
AlamedaMapArea3
Standard status
Active
APN
073-0406-007
Size
1,872 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Water source
Public
Amenities
backyard
storage shed
Building Details
Year built
1890
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Architectural style
Victorian
Additional Structures
Shed(s)
Listing Agency:
KW Advisors · Keller Williams Realty
(650) 627-3700
Listed By:
OWN Real Estate · License #70010079
(650) 888-0153
Added: Sep 17
Changed: Oct 21
Last Checked: Oct 21 at 11:06AM
MLS# ML82061755
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1890, this 1,872-square-foot Victorian duplex contains two residences. The lower unit has two bedrooms, a bonus room, one bathroom, a dedicated laundry room, and an updated kitchen. The upper residence features two bedrooms, an updated bathroom and kitchen, a formal entry, high ceilings, and large windows. Stained-glass details preserve elements of the building’s original character.
The property occupies a 0.0637-acre lot in Alameda and is zoned R2. A landscaped backyard and storage shed add outdoor space and utility. Shopping, dining, parks, and everyday amenities are nearby.
The property occupies a 0.0637-acre lot in Alameda and is zoned R2. A landscaped backyard and storage shed add outdoor space and utility. Shopping, dining, parks, and everyday amenities are nearby.
Key Highlights
- Two‑residence Victorian duplex built in 1890
- 1,872 square feet on a 0.0637‑acre lot
- Lower unit includes 2 bedrooms, a bonus room, 1 bathroom, and dedicated laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,834
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,680
$1.3M
Cap Rate 7%
$897,629
$897.6K
Cap Rate 9%
$698,156
$698.2K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$95.5K $51.00/SF
− Vacancy
−$5.7K −$3.05/SF
EGI
$89.8K $47.95/SF
− OpEx
−$26.9K −$14.39/SF
NOI
$62.8K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,680
Cap Rate 7%
$897,629
Cap Rate 9%
$698,156
Alternative Uses
Best Use
Multifamily LT 5
$897.6K
$785.4K – $1.05M
NOI $62,834 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$387.4K
$339.0K – $452.0K
NOI $27,118 @ 7.0% cap · market cap 2.72%
Theoretical Best
Retail
$8.53M
$7.47M – $9.96M
NOI $597,405 @ 7.0% cap · market cap 59.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct layouts, including a lower unit with a bonus room and a two-bedroom upper home.
Where is this duplex located?
The property is located at 843 Santa Clara Avenue Alameda, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Two‑residence Victorian duplex built in 1890; 1,872 square feet on a 0.0637‑acre lot; Lower unit includes 2 bedrooms, a bonus room, 1 bathroom, and dedicated laundry
