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$ 4,180,000
Est. payment | /mo
4 Beds
3 Baths
9,316 SqFt
$ 4,180,000
Est. payment | /mo
4 Beds
3 Baths
9,316 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,316 sqft
Price per Sqft $448
MLS Listing ID ML81976393
Bedrooms 4
Full Baths 3
Year Built 1968
Lot Size 10,375 Sqft
Property Description
1523 Schiller Street represents an extremely rare opportunity to acquire a 10-unit multifamily asset on one of Alameda's most coveted blocks, steps from downtown. Originally built in 1968, the property features eight (8) massive 3-bedroom/2-bathroom floor plans at over 1,000 square feet each, along with two (2) large 1-bedroom/1-bathroom layouts. Many units have recently undergone extensive renovation, including high-end kitchens and bathrooms, waterproof LVT flooring, and upgraded electrical panels. The exterior has also gone through major upgrades including new paint, fencing, modern landscaping, wood siding, and a full seismic retrofit in the parking area to comply with Alameda's city ordinance.
Location
State CA
County Alameda
Area Alameda Map Area 2
Zoning R-5
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Attached Garage, Carport , On Street
Garage Spaces 2.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 71-279-7-1
Security Features None
Special Listing Condition Not Applicable
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Listed by Eymon Binesh • Marcus & Millichap
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Pete Ruiz
Agent | License ID: 01974535