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1523 Broadway Alameda, CA 94501
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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40960889
Sold Date 10/28/21
HOA Y/N No
Year Built 1917
Lot Size 5,662 Sqft
Acres 0.13
Property Description
The subject property consists of one three story building constructed circa 1917 (per public records) of wood frame with a pitched composite roof. Tenants each have a dedicated assigned off-street parking space, and there is ample basement storage (currently used by owner). Unit B (top floor) one-bedroom one-bath with washer dryer, C (bottom floor) two-bedroom one-bath, and D (top floor) one-bedroom one bath, were all recently renovated and are in great condition. The large three-bedroom/one-bath unit A (middle floor) three-bedroom one-bath with washer dryer hookups is occupied by a long-term tenant with below market rents, which presents significant upside for a new buyer or owner user upon acquisition and turnover. The well-located building features attractive landscaping to the front of the property, open tenant parking on concrete slab to the rear, and is separately metered for PG&E which ensures minimal expense for the owner.
Location
State CA
County Alameda
Interior
Heating SeeRemarks
Flooring Carpet, Laminate, Vinyl
Fireplace No
Exterior
Garage Assigned
Roof Type Shingle
Parking Type Assigned
Building
Lot Description FrontYard, StreetLevel
Others
Tax ID 7016917
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Jun Huang • Bay Home Investments&Loans