Central Ave Alameda, CA 94501

This multifamily property features eight units, including one 3-bedroom, 2.5-bath townhouse-style unit, three 2-bedroom, 1-bath units, and four 1-bedroom, 1-bath units. All units have hardwood floors. Three of the units have been recently updated with refinished floors, new windows, glass doors, and appliances. One unit will be vacant in December. The other four units have long-term tenants and are in serviceable condition. All balcony work has been completed to comply with SB721, and the final engineer's report is available. A new roof was installed in 2020, and the driveway was repaved in 2023. The property includes an owned coin-operated laundry room and freshly landscaped, easy-to-maintain grounds. A new sewer lateral was completed on July 24, 2025, with a compliance certificate valid for 20 years. The property is conveniently located near Park St., restaurants, shopping, schools, and freeways. The property is split between two buildings: a front fourplex built in the 1940s, featuring four 1-bedroom units of approximately 750 sq ft each, and a back fourplex built in 1958, featuring three 2-bedroom units and the one townhouse-style 3-bedroom unit. The total property size is 5482 square feet. The laundry room connects the two buildings. Each unit has a separate gas and electric meter, as well as a front and back entrance. The property is clean and well-maintained, with one carport for each unit.