Description

Discover a rare and expansive income-producing asset in the heart of Alameda’s desirable East End. This substantial multi-family property offers both scale and flexibility for the astute investor. * 6,990 square feet of total living space * Ten unit structure (5+ units classification) * 12 bedrooms and 11 bathrooms in total * Situated on a generous ±10,384 sq ft lot * Built in 1966 * Zoned and marketed as a commercial / multifamily This property’s scale offers meaningful economies of scale and upside potential. With multiple bedrooms and bathrooms distributed across a large footprint, there’s flexibility to reposition, renovate, or reconfigure (subject to permitting). The lot size allows for parking, amenity enhancements, or other value-add strategies. As Alameda continues to appeal to renters and investors alike, this is a chance to acquire a portfolio under one roof. Positioned in Alameda’s vibrant East End / Encinal area, you benefit from strong neighborhood amenities, transit access, and proximity to schools, shops, and waterfront destinations. The locale blends residential charm with investor-friendly dynamics. This offering is ideal for investors who want a significant footprint in Alameda’s rental market with an opportunity to unlock value.