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...