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  • DESCRIPTION

    53-unit apartment complex centrally located in prime Alameda Location. Fantastic unit mix of 17 two-bedroom/one bath floor plans, and 36 one-bedroom/one bath floor plans. Located just three blocks from Webster Street, containing various restaurants, stores and retail shops. Close proximity to the 1,500-acre Alameda Point Development, one of the largest development projects in the bay area. This project is anticipated to create over 9,000 new jobs and is to include 1,425 new homes and over 5.5 million sq. ft. of commercial space. Property consists of two buildings with partial views of the bay and a private pool for the resident's enjoyment. Gated complex with coin-operated laundry room, assigned carports and ample guest parking. Property includes over a 300 sq. ft. utility room, presently used to house maintenance equipment. Great location in Alameda's West End, near South Shore Shopping, restaurants and access to Oakland and other Points of Interest in and around the Bay Area.

    KEY DETAILS
    • Price:
    • $16,950,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 34,344
    • Acreage:
    • 1.07
    • Year Built:
    • 1964
    • MLS #:
    • 21927894
    • Street Address:
    • 434 Central Ave
    • City:
    • Alameda
    • State:
    • CA
    • Postal Code:
    • 94501
    • County:
    • Alameda
    • Area:
    • Alameda County
    • Listing Status:
    • For Sale - Active

    Building

    • Dwelling Type:
    • Apartments
    • New Construction Or Resale:
    • Resale
    • Siding:
    • Stucco
    • Square Footage Source:
    • Realist Public Rec
    • Total # Of Buildings:
    • 2
    • Total Building Square Footage:
    • 34344
    • Type Of Roof:
    • Bituthene
    • View:
    • Bay
    • Year Built:
    • 1964
    • Year Built Source:
    • Realist Public Rec

    Business

    • Annual Expenses:
    • 434067.00
    • Annual Insurance Expenses:
    • 8588.00
    • Annual Maintenance Expenses:
    • 37374.00
    • Annual Management Expenses:
    • 61717.00
    • Annual Utility Expenses:
    • 92178.00
    • Gross Income:
    • 1217760.00
    • Miscellaneous Expenses:
    • 7874.00

    Land

    • Approximate Lot Size Range Source:
    • (realist Public Rec)
    • Lot Description:
    • Level
    • Lot Square Footage:
    • 46801.00

    Listing

    • For Sale Or Lease?:
    • Sale
    • Price Per Acre:
    • 15776247.21

    Money

    • Price Per Square Foot:
    • 493.54

    Systems

    • Existing Water:
    • Water-Public
    • Heating And Air:
    • Wall Furnace
    • Sewage Type:
    • Sewer Public

    Source

    • Provided By:
    • Listing Courtesy of David Rendino of RE/MAX Marketplace

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    NOTES

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