730 Pacific Avenue

Alameda, CA 94501

$1,110,000
Beds: 0.5
Baths: 0.5

Features

  • MLS #40762999
  • Four Units
  • 730-A: 2Bed/1Bath
  • 730-B: Studio
  • 732-A: 1bed/1bath
  • 732-B: 1+bed/1bath
  • Tremendous Upside
  • Located in Alameda's Booming West End

A Majestic Four-Plex  

A majestic four-plex situated on large corner lot at Pacific and Concordia.  The 1896 victorian was converted into a 4 unit building and offers a total 3,452 sqft of living space and sits on a 5,720 sqft lot. The unit breakdown is as follows, 730A-2Bd/1Ba, 730B-Studio, 732A-1bd/1ba, 732B-1+bd/1ba. This building offers tremendous upside. 730A is ready to be rented at fair market value. 732-A & B will be vacated by 12-1-2016. Once vacated, the remainder of the units will be ready to be updated and rented at market rates. The total Market Rate is projected to gross $8,800 per month.  Take a look at the unit breakdown and projected estimated market rents below:

Unit # Size est. Market Rent
730-A 2 bed 1 bath $2,700
730-B Studio $1,800
732-A 1 bed 1 bath $2,050
732-B 1+ bed 1 bath $2,250
Total $8,800


730 Pacific is located in Alameda’s booming West End. A block from Webster Street, this location offers the cool vibe from the local shops, pubs and restaurants. The west end is home to the SF trans-bay ferry terminal and bus lines. Conveniently located, drive from Alameda through the tube to downtown Oakland and get onto the 880 Freeway. The building offers Separate Electric and Gas meters plus 3 off street parking. Set up a private tour with Jose by calling or texting at 510-523-5673.  

Location

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