1123 Union Street is a two-story fourplex, located near Alameda's coveted Gold Coast, and consists of 2 one bedroom / one bathroom units, 2 studio units, and one non-conforming unit. Units are individually metered for gas and electric and are sewer lateral and gas shut off compliant. The subject property allows the new owner the opportunity to add value by converting the non-conforming unit into an ADU to generate additional income, or move forward with the approved remodel of the 2nd floor, removing the non-conforming unit and allowing Unit A to become a two bedroom / one bathroom unit, and Unit B a two bedroom / two bathroom unit. 1123 Union allows both local and regional investors the opportunity to acquire a asset in a desirable location with both income stream and investment value.
Off market
Zestimate®
$1,408,200
1123 Union St, Alameda, CA 94501
--beds
0baths
3,488sqft
MultiFamily
Built in 1896
-- sqft lot
$1,408,200 Zestimate®
$404/sqft
$3,158 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Interior area
- Total interior livable area: 3,488 sqft
Property
Lot
- Size: 2,857 sqft
Details
- Parcel number: 7230515
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
- Roof: Composition
Condition
- Year built: 1896
Community & neighborhood
Location
- Region: Alameda
Other
Other facts
- Class: RESIDENTIAL INCOME
- Source: Public Records
- Building Type: FOURPLEX
- City: ALAMEDA
- List Date: 2020-08-11
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Estimated market value
$1,408,200