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Sold for $1,800,000 on 07/29/24
  • $1,800,000

    1629 Santa Clara Ave, Alameda, CA 94501

    --beds
    --baths
    6,219sqft
    Quadruplex
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $289/sqft
    $4,162 Estimated rent

    Owner options

    List your home for rent

    $4,162/mo

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    $4,162/mo

    Rent Zestimate®

    Refinance and save

    $11,388/mo

    Est. payment

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    $11,388/mo

    Est. payment

    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: July 29, 2024 at 04:58pm

    Listed by:

    Jatin Mehta DRE #02045713 510-878-6800,

    Pellego

    Bought with:

    Stephen Ung, DRE #01463166

    Re/Max Accord

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41042200MLS Logo

    Facts & features

    Interior

    Heating
    • Electric
    Cooling
    • No Air Conditioning
    Features
    • Storage
    • Flooring: Carpet
    • Basement: Unfinished
    Interior area
    • Total structure area: 6,219
    • Total interior livable area: 6,219 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Exterior features: No Yard
    Lot
    • Size: 10,454 sqft
    Details
    • Parcel number: 072 031802600
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    Condition
    • Year built: 1954

    Utilities & green energy

    • Utilities for property: Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Alameda

    Other

    Other facts
    • Listing terms: Cash,Conventional