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2000 Clinton Ave
Alameda, CA 94501 South Shore

$1,555,000 USD

Apartments For Sale  •  2,381 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,381 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1905
  • Cap Rate 6.53 %
40 Transit Score
60 Walk Score

Highlights

Historic Waterfront Investment Opportunity: Award-winning 1905 Craftsman triplex plus a detached waterfront cottage.
Flexible Owner-User Opportunity: Vacant 2-bedroom/2-bathroom owner's flat and detached waterfront cottage.
Premier Bronze Coast Location: Situated on a large 8,750-SF waterfront corner lot at the end of a quiet cul-de-sac with unobstructed lagoon views.
Strong Cash Flow & Rental Upside: Offering a 6.53% current cap rate and 11.40 GRM with upside to a 7.07% pro-forma cap rate and 10.71 GRM.
Major Capital Improvements: Exterior renovation with new cedar shingles & reinforced masonry, seismic retrofit (1997), and newer 30-year roof.
Waterfront Cottage: Featurees a kitchenette, full bath, & skylights with estimated short-term rental income (airbnb) potential (Buyer to verify).

Financial Summary (Actual)

Net Operating Income: $101,503 USD (2025)
Cap Rate: 6.53 %
Total Expenses: $30,856 USD

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.7 mi
11 min - 4.9 mi
AirportDriveWalkDistance
Metro Oakland International 11 min - 4.6 mi
San Francisco International 43 min - 26.8 mi
Norman Y Mineta San Jose International 51 min - 39.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate