1211,1213 A&B,1215 Lincoln ave Alameda,Ca 94501 Fully leased mixed use building of approximately 5150 sq feet on a 5604 sq feet lot. Commercial TENANTS are Domino's Pizza and Alameda copy-income $3600/month.1bed 1bath ground level $700 month to month,2 units are upstairs 3bed 2bath $1600 each month to month.PLEASE DON'T NOT DISTURB TENANTS!!
Liquor Store and two residential units (3bd/1bth and 4bd/2bth) Residential units are currently remodeled.
This desired six unit investment property is located on a large corner lot with great curb appeal and immediate access to public transportation. It consists of one four bedroom, two baths and five two bedroom, one bath unit mixes. There is plenty of upside in rental income making this mid-town investment an attractive destination for quality renters.
Charming 1920's apartment property. Spacious units with excellent natural light. Many capital improvements over last 10 years. Rents well below market. Well maintained by long-term owner. Many units have hardwood floors. 2 large garage spaces. Coin operated laundry on-site.
2136 Lincoln presents a rare opportunity for an investor to acquire today's most dynamic asset class with dramatic rental upside, in the thriving city of Alameda. Rents in Alameda increased on average 8.2% in 2013; and with occupancy rates around 98% today, the market is well positioned for rents to continue to rise. "2136" current average rents are approximately 20% below area market rents. This is the first time in 30+ years this property has been on the market. 2136 Lincoln is a well constructed property built in 1966. Built on a concrete slab the wood frame/stucco three story building located on Lincoln Avenue near Alameda's dynamic Central Business District. 2136 Consists of (1) Jr. one bedroom one bath, (7) one bedroom one bath and (8) two bedroom one bath units. The property has one to one covered and open parking (ample on street parking), tenant storage, on site laundry facilities and elevator access to all floors. The property is individually metered for gas and electricity. New 100 Gallon Water Heater installed 2013. 2136 Lincoln Avenue is on the City of Alameda Soft Story Ordinance List as of 8/1/14.
NEW TOUR DATE & TIME: FRIDAY, MARCH 21st, 11:00AM-1:00PM The subject property offers an investor the unique opportunity to own, operate, and potentially reside in, a well-located asset in one of the healthiest and most desirable submarkets in the East Bay Area. It consists of a single-family residence in front and a fourplex in back, all on one parcel. The property is close to Alameda' s lagoon and its state beach. These properties were built in 1913 and have been renovated in 2014. The detached home in the front of the lot has two-bedrooms and one-bathroom, while the fourplex is made up of four one-bedroom/one-bathroom units. The fourplex has a two-car covered garage for tenants to rent and the single-family home also has a two-car covered garage. Additionally, there is ample room on the lot and street for tenant parking. There is a laundry facility on-site for tenants, as well as, a picnic area for common use. New capital improvements include new exterior and interior paint, granite counter-tops, garage doors, flooring, vinyl windows, stainless steel appliances, and landscaping.