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Listed by Danny Burgess • eXp Realty of California Inc
$ 1,500,000
Est. payment /mo
Active
2310 Pacific Avenue Alameda, CA 94501
2,289 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,289 sqft
Price per Sqft $655
MLS Listing ID ML82022220
HOA Y/N No
Year Built 1905
Lot Size 7,467 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
2310 Pacific Ave presents an exceptional investment opportunity in the heart of Alameda with nearly a 5% cap rate. This four-unit property offers immediate upside, with three of the four units currently vacant and ready to be leased at market rates. The building sits on a massive lot, creating potential for additional income opportunities, while the finished side yard serves as a private retreat. Ample off-street parking adds convenience and value, and the property is situated within the highly sought-after East Alameda school district. Enjoy the lifestyle benefits of this prime location, boasting a high walkability score and close proximity to Alamedas best amenities. Just a short stroll takes you to Park Streets vibrant mix of shops, cafes, and restaurants such as East End Pizza, Burma Superstar, and Alameda Theatre & Cineplex. Parks, beaches, and local favorites like South Shore Center are all within easy reach, making this property not only a smart investment but also an attractive offering for future tenants.
Location
State CA
County Alameda
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Hardwood
Fireplace No
Schools
School District Alameda (510) 748-4000, Alameda (510) 748-4000
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