2421 Webb Avenue

Charming Triplex in Prime Downtown Alameda 2421 Webb is a superb Colonial Revival-style triplex, a rare find in the heart of downtown Alameda. With its timeless architecture, unbeatable location, and strong rental income, this property offers an opportunity for investors seeking a solid cap rate or homeowners looking to offset living costs with additional income. This triplex features 3 units: a 2-bed, 1-bath unit currently renting for $2,315.25/month and (2) 1-bed, 1-bath units renting for $1,698.62 and $1,780.81 per month. The sunny Unit B stands out for its abundance of natural light, and classic period details and the charm of a bygone era. Together, these units generate a total monthly rental income of $5,794.68. Additional property highlights include off-street parking, a detached garage with potential for conversion (buyer to verify), and separate gas and electric meters for each unit. A spacious utility room adds an opportunity to create a 4th unit, or a shared laundry facilities or an expand an existing living spaces to increase value. This triplex sits in a prime location in the heart of Alameda, just steps away from the vibrant downtown scene. Residents can enjoy easy access to boutique shopping, dining, cafes, and parks, all while being close to major commuter routes. Whether you’re looking to invest in a high-performing property or live in one unit while renting out the others, this triplex combines historic charm, income potential, and a vibrant urban lifestyle. Don’t miss out on this incredible opportunity—schedule your private tour today! List Price: $1,097,000 Cap Rate: 5.04