7-Units with 2 Move in Ready Vacant Units|1815 San Antonio Ave. Alameda |150K Annual Income, 200K Capital Improvements | Prime Location

1815 San Antonio Ave, Alameda, CA 94501

$1,699,000

Open Houses:
Saturday 2/10, 2pm-4pm
Sunday 2/11, 11am-1pm

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Open Sat 2/10 2pm-4pm, Sun 2/11 Superbowl Hours 11am-1pm showing vacant units! Welcome to 1815 San Antonio! A great investment opportunity to own a desirable 7-units 10BR/7BA Queen Anne multifamily property in a highly-coveted Bronze Coast neighborhood and school district in Alameda.

Over $150k in annual rental income upside allowing a new owner to maximize their return over time. With capital improvements of $200k, offering One 3BR/2BA, Two 2BD/1BA, Three 1BD/1A and One Studio. Two 1BD/1BA are “move-in ready” vacant units.

Period details, hardwood floors, 2 units w/ newly renovated kitchen, low maintenance landscaping and a brand new laundry equipment on-site. The building is set on a large 7,105 SF lot, featuring 7+ off-street parking spaces. Separately metered, tenants are responsible for electric and cable and the owner is responsible for water and garbage.

Its prime location boasts of being a block from the Gold Coast neighborhood, blocks away from highly rated Franklin Elementary, Wood Middle School, Alameda High School and St. Joseph Basilica, Alameda Hospital (great for traveling nurses), shopping and dining at the South Shore Center and beach life vibes. Easy access to public transportation including the Alameda Ferry and less than 15 miles to San Francisco.