California Golden Properties

Stately Colonial Revival Fourplex located on the desirable and sought after residential East End of Downtown Alameda. Excellent location directly across the street from Chochenyo Park. Period Details. 3 units are 2 bedrooms/1ba and 1 unit is 1 bedroom/1ba. 6 Off street parking spaces. Great Investment property in unbeatable neighborhood and location. Large lot offers the opportunity for addition of ADU. Separately metered for gas and electricity, and tenant pays hot H2O. With a 93 walk score, the property is steps to great shops, restaurants, movies offers at Park St commercial district, South Shore Center, Alameda Beach, Shoreline Drive walking and biking trails! 25% upside potential in rent income. 2.8% cap rate on current income and 3.8% on proforma rent