For Sale
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Property summary
This exceptional 18-unit apartment building presents a compelling investment opportunity in Alameda's desirable Bronze Coast neighborhood. Located at 2021 San Jose Avenue, this classic building boasts 14,180 square feet on a 7,500 square foot lot, offering a blend of charm and modern convenience. The property comprises eighteen one-bedroom units, each featuring spacious floorplans, many with original hardwood floors, ample closet space, and excellent natural light. Front units showcase beautiful bay windows. Kitchens and bathrooms have been updated in most units. Residents enjoy a shared backyard and a six-car garage, providing ample parking. Additional amenities include an intercom system, dishwashers, and a shared laundry area with leased machines. The building features copper plumbing, and units are separately metered for gas and electricity; tenants are responsible for their electric heat. Its prime location offers easy access to I-880 and I-80, connecting to major Bay Area cities including San Francisco (15-minute drive), San Jose (30-minute drive), and Sacramento. Public transportation options, including BART access via AC Transit, provide convenient commutes. The Bronze Coast neighborhood is renowned for its vibrant atmosphere, featuring excellent restaurants, bars, parks, entertainment venues, and highly-rated schools. This well-maintained property represents a strong investment in a thriving Alameda community, offering both immediate income and significant long-term potential. Asking price: $4,200,000.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
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