1629 SANTA CLARA AVE ALAMEDA, CA 94501

Features

• Price/sqft: $289
• Lot Size: 0.241 acres
• Total Units: 5
• Stories: 200
• Construction Type: Wood

Facts

• Year Built: 01/01/1954
• Property ID: 896878370
• MLS Number: 41042200
• Parcel Number: 72-318-26
• Property Type: Multi-family (5 or more units)
• County: Alameda

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. To access the marketing package copy/paste: https://bit.ly/kitehillre. This extraordinary property at Santa Clara Ave presents a unique owner-occupy opportunity that's a game-changer for real estate investors. Imagine living in the spacious, 4-bedroom, 2-bathroom 2, 100 SQFT home, while offsetting your mortgage with a substantial $5, 886/month rental income from the remaining units. The rare unit configuration includes one 4-bedroom, two-bathroom 2-story house, and four two-bedroom, one-bathroom units, resulting in an impressive monthly cash flow of $10, 886 and an annual income of $129, 516. Your investment is secured further by the addition of modern in-unit laundry facilities, providing convenience and appeal to both residents and future occupants. But the potential for profitability doesn't end there. With a promising rental upside of 70% for the 4-Plex unit, your investment in Santa Clara Ave is poised for substantial growth. Ample off-street parking for 4-6 vehicles ensures convenience and accessibility, enhancing the property's appeal to a wide range of potential tenants. Located in an ideal neighborhood, the property benefits from its proximity to popular retailers, dining options, entertainment venues, and shopping centers, guaranteeing a consistent pool of potential tenant