Description

OFFER DATE: Tuesday, May 5th by Noon. First time on the market in nearly 30 years, 1813–1817 Everett Street presents a rare opportunity to acquire a well-located, fully occupied triplex just one block off Park Street in Alameda. The property consists of three spacious units averaging approximately 1,000 square feet each, including two 3-bedroom units and one 2+ bedroom, 3-bath multi-level unit with additional attic rooms currently used as bedrooms. All units are separately metered, with tenants paying their own utilities, providing operational efficiency and reduced expense burden. The asset is currently 100% occupied and generates over $9,000 per month in gross income. The unit mix includes a 3BD/1.5BA (~1,100 SF), a 3BD/2BA (~1,000 SF), and a 2+BD/3BA (~900 SF, three-level unit). Approximately $35,000 has recently been invested into Unit 1815, including new flooring, cabinetry, countertops, and appliances, enhancing the overall condition of the property while maintaining strong in-place income. Additional features include off-street parking for four vehicles and private backyard or garden space for each unit—an uncommon amenity in Alameda. Notably, Unit 1817 benefits from an exceptionally large, deep backyard.