954 Park St ALAMEDA, Alameda, CA 94501

Building Details

Year Built

1910

Listing agent RICH KRINKS License #01095444

Listing office BHHS DRYSDALE PROPERTIES r***@bhhsdrysdale.com Show Phone

Listing date Aug 26, 2025

Source Corcoran

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 BHHS DRYSDALE PROPERTIES

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Overview

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.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Alameda

County

Alameda

State

California

Longitude

-122.247

Latitude

37.7588

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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 ALAMEDA Alameda, CA.

What is the asking price?

The asking price for this property is $1,625,000.

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.