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730 Pacific Avenue

Alameda, CA 94501

Sold

$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

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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

Jose Cerda-Zein

Jose Cerda-Zein

DRE #01403669

510-523-5673

jose@cerdazein.com

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Members of: California Association of Realtors (CAR), National Association of Realtors (NAR),

Alameda Association of Realtors (AAR), National Association of Residential Property Managers (NARPM), DRE # 01878914

* All information is deemed reliable, but not verified or guaranteed

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