730 Pacific Avenue
Alameda, CA 94501
$1,110,000
beds: 0.5
baths: 0.5
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 |
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
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