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Multifamily

1523 Broadway

1523 Broadway, Alameda, CA 94501

Listing Price: $1,800,000

Cap Rate
3.72%
Number of Units
4
GRM
15.99
Occupancy
98.0%
Price/Unit
$450,000
Price/Gross SF
$479.36
Gross SF
3,755

Investment Overview

This offering at 1523 Broadway, Alameda, CA is a four-unit apartment complex, located just two blocks off Park Street and walking distance to stores and restaurants, in the desirable City of Alameda, California. The property and tenants benefit from the superior City of Alameda school district and offers an attractive living environment surrounded by single-family homes on a tree lined street. Tenants at the subject property enjoy easy access to nearby employment with San Francisco and Oakland public bus lines across the street and the Fruitvale BART Station a 23-minues walk (1.2 miles) from 1523 Broadway, Alameda, CA.

Investment Highlights

  • Unit A configured with spacious1,400 square foot three-bedroom/one-bath layout
  • Washer/dryer laundry hook-ups, perfect for an owner occupant.
  • Three of the four units(b, and d) are highly renovated.

Exclusively Listed By

  • Jon A. Holmquist

    Senior Managing Director Investments

    (415) 625-2117

    Email Jon

    License(s): CA: 01257479

    San Francisco

Financing By

Listing Price: $1,800,000

Cap Rate
3.72%
Number of Units
4
GRM
15.99
Occupancy
98.0%
Price/Unit
$450,000
Price/Gross SF
$479.36
Gross SF
3,755

Investment Highlights

  • Unit A configured with spacious1,400 square foot three-bedroom/one-bath layout
  • Washer/dryer laundry hook-ups, perfect for an owner occupant.
  • Three of the four units(b, and d) are highly renovated.

Investment Overview

This offering at 1523 Broadway, Alameda, CA is a four-unit apartment complex, located just two blocks off Park Street and walking distance to stores and restaurants, in the desirable City of Alameda, California. The property and tenants benefit from the superior City of Alameda school district and offers an attractive living environment surrounded by single-family homes on a tree lined street. Tenants at the subject property enjoy easy access to nearby employment with San Francisco and Oakland public bus lines across the street and the Fruitvale BART Station a 23-minues walk (1.2 miles) from 1523 Broadway, Alameda, CA.

Exclusively Listed By

  • Jon A. Holmquist

    Senior Managing Director Investments

    (415) 625-2117

    Email Jon

    License(s): CA: 01257479

    San Francisco

Financing By

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