2310 Pacific Ave presents an exceptional investment opportunity in the heart of Alameda with nearly a 5% cap rate. This four-unit property offers immediate upside, with three of the four units currently vacant and ready to be leased at market rates. The building sits on a massive lot, creating potential for additional income opportunities, while the finished side yard serves as a private retreat. Ample off-street parking adds convenience and value, and the property is situated within the highly sought-after East Alameda school district.
Enjoy the lifestyle benefits of this prime location, boasting a high walkability score and close proximity to Alamedas best amenities. Just a short stroll takes you to Park Streets vibrant mix of shops, cafes, and restaurants such as East End Pizza, Burma Superstar, and Alameda Theatre & Cineplex. Parks, beaches, and local favorites like South Shore Center are all within easy reach, making this property not only a smart investment but also an attractive offering for future tenants.
For sale
$1,500,000
2310 Pacific Ave, Alameda, CA 94501
--beds
--baths
2,289sqft
Est.:
Quadruplex
Built in 1905
-- sqft lot
$1,432,000 Zestimate®
$655/sqft
$-- HOA
What's special
Massive lotAmple off-street parking
- 46 days |
- 590 |
- 19 |
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