1718 Alameda Ave, Alameda, CA 94501
Local realty services provided by:ERA Excel Realty
1718 Alameda Ave,Alameda, CA 94501
$1,499,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jason pugao, miranda tsang
Office: keller williams tri-valley925-397-4200
MLS#:41144604
Source:CRMLS
Price summary
- Price:$1,499,000
About this home
Rare value-add multifamily opportunity in the heart of Central Alameda! 1718 Alameda Ave is a 6-unit property offering investors immediate upside, with three junior 1-bedroom units to be delivered vacant at close of escrow—providing a new owner the opportunity to renovate, reposition, and establish market rents from day one. The approximately 4,559 SF building sits on a spacious, flat 6,750 SF lot and features a versatile unit mix consisting of one studio, four junior 1-bedroom units, and one 2-bedroom/1-bath unit. Adding to the property's potential is a large full-size basement and generous lot with possible opportunity for future ADU development or additional improvements, subject to buyer investigation and City approval. The property is beautifully landscaped and offers multiple avenues to create additional value over time. Owner currently pays water, garbage, and the common-area house meter. Centrally located near shopping, dining, transportation, and all that Alameda has to offer. With 50% of the units delivered vacant, a substantial building footprint, large lot, flexible unit mix, and future development potential, 1718 Alameda Ave presents a compelling opportunity for an investor looking to reposition and maximize the value of a well-located Alameda multifamily asset....
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Home facts
- Year built:1915
- Subdivision & Development:ALAMEDA
- Listing ID #:41144604
- Added:49 day(s) ago
- Updated:September 30, 2026 at 11:46 AM
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1915
- Lot area:0.16 Acres
- Lot Features:Street Level
- Construction Materials:Wood Siding
Finances and disclosures
- Price:$1,499,000
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