8-Units | Central Alameda

Investment Overview

For the first time in 63 years, this rare opportunity presents itself—1826 Santa Clara Ave, a charming 8-unit cottage-style property on Santa Clara Ave in Alameda. Each of the one-bedroom, one-bath units offers over 760 square feet of living space, situated on an expansive 20,750 square foot lot. The units feature beautiful wooden-beamed ceilings, large windows that fill the space with natural light, and offer picturesque views of the lush surroundings, creating a warm and inviting atmosphere for residents. This income-generating property boasts strong in-place cash flow, producing $16,595 in monthly revenue, totaling $199,140 annually. Additional conveniences include on-site coin-operated laundry facilities and eight garages at the rear of the property, ensuring both comfort and ease for tenants. The property has also seen a long list of capital improvements, including a full remodel of the front unit, replacement of the central driveway, and sewer lateral compliance in 2024. Ideally located in a highly desirable neighborhood, this property is surrounded by excellent schools and provides a safe, family-friendly environment. The vibrant community and prime location make this an exceptional investment opportunity for anyone looking to own a piece of Alameda's charming real estate.

Investment Highlights

• - First Time on the Market in 63 Years!
• - Rare Opportunity: 8 charming, 1 bed/1 bath cottage-style units located on Santa Clara Ave in Alameda.
• - Strong Income Potential: This income-generating property delivers a robust cash flow with monthly revenue of $16,595, amounting to $199,140 annually.
• - Spacious Living & Large Lot: Each unit offers over 760 SQFT of living space, set on an expansive 20,750 SQFT lot.
• - Charming Interiors: The units boast rich, wooden-beamed ceilings, large windows that flood the living spaces with natural light, and scenic views of the surrounding greenery, creating a warm and inviting atmosphere.
• - Ample Parking: Includes eight garages conveniently located at the rear of the property.
• - On-Site Laundry: Coin-operated laundry facilities available for tenants’ convenience.
• - Recent Upgrades: Significant capital improvements including a full remodel of the front unit (1826), replacement of the central driveway, and 2024 sewer lateral compliance.
• -Prime Location: Nestled in a sought-after neighborhood known for its top-rated schools and safe, family-friendly environment.