Compass Commercial is pleased to offer this fantastic investment property for sale at 739 Santa Clara Avenue in Alameda, CA. The offering consists of a 3-story, 10-unit apartment building totaling approximately 8,804 square feet. The property has a 9,570 square foot lot and includes 10 parking spots behind the building as well as a large storage room which could be rented for additional income. The building was constructed in 1905 and many of the units have had significant upgrading as the units turned. The property is generally in good condition with the majority of the units updated. The units feature hardwood floors, period detailing, bay windows and beautiful moldings. Heating is through gas wall heaters. Tenants have access to an onsite laundry room. Located just off Webster Street and downtown Alameda making this a prime rental location. Seller offering Seller Financing up to $1.5 million at favorable terms.
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Courtesy: Mirella M. Webb - Compass Commercial
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