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$4,180,000
Est. payment /mo
10,375 Sqft Lot
UPDATED:
11/14/2024 03:24 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81976393
HOA Y/N No
Year Built 1968
Annual Tax Amount $60,078
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 699 - Not Defined
Zoning R-5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 8
Roof Type Flat
Total Parking Spaces 2
Building
Water Public
Schools
School District Alameda City Unified
Others
Tax ID 7127971
Special Listing Condition Standard
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Listed by Eymon Binesh • Marcus & Millichap