954 Park St, Unit ALAMEDA Alameda, CA 94501
Sixplex investment property with ADU potential in Alameda, California.
Property size:
4,104 SFProperty Features for 954 Park St
General Information
- Standard status
- Active
- Size
- 4,104 SF
Building Details
- Year built
- 1910
Source:
Corcoran
Listing Agent: Rich Krinks
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Alameda Sixplex with ADU Potential
This is a sixplex investment property with the potential to build two Accessory Dwelling Units (ADUs). The current units are of varying sizes, but are all one bedroom and one bath. Each unit features hardwood floors, high ceilings, recently upgraded electrical systems, and charming details. There is potential for adding two ADUs in the backyard, at approximately 800 square feet each. In the rear of the property, there is a large yard and parking area shared by the tenants. In addition to the main driveway, there is a north side walkway that runs the length of the property. The landlord is responsible for water and garbage expenses for each unit, while tenants cover electric and gas. The backyard and parking area measure approximately 50 feet by 54 feet. The property is located in Alameda, California.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Alameda
- County
- Alameda
- State
- California
- Longitude
- -122.2472073
- Latitude
- 37.7587562
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FAQs
What type of property is this?
Apartment building - Sixplex investment property with ADU potential in Alameda, California.
Where is this apartment building located?
The property is located at 954 Park St, Unit ALAMEDA Alameda, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: - Potential to increase NOI to $143,000 and CAP rate to 7.41% by building two ADUs (buyer to verify).; - Six existing one-bedroom, one-bath units provide immediate rental income.; - Large backyard and parking area shared by tenants.