1523 Broadway, ALAMEDA

$1,800,000

0 Bed
0 Bath
5,662 Sqft
.13 Acre
0 Garage

The subject property consists of one three story building constructed circa 1917 (per public records) of wood frame with a pitched composite roof. Tenants each have a dedicated assigned off-street parking space, and there is ample basement storage (currently used by owner). Unit B (top floor) one-bedroom one-bath with washer dryer, C (bottom floor) two-bedroom one-bath, and D (top floor) one-bedroom one bath, were all recently renovated and are in great condition. The large three-bedroom/one-bath unit A (middle floor) three-bedroom one-bath with washer dryer hookups is occupied by a long-term tenant with below market rents, which presents significant upside for a new buyer or owner user upon acquisition and turnover. The well-located building features attractive landscaping to the front of the property, open tenant parking on concrete slab to the rear, and is separately metered for PG&E which ensures minimal expense for the owner.

Essential Information
MLS® #40960889
Price$1,800,000
Square Footage5,662
Acres0.13
Year Built1917
TypeResidential Income
Sub-TypeFOURPLEX
StatusActive
Community Information
Address1523 Broadway
AreaAlameda Map Area 1
CityALAMEDA
CountyAlameda
StateCA
Zip Code94501
Amenities
Parking Spaces4
Features

Extra Storage, Garden, Storage Area(s)

Parking

Space Per Unit - 1, Uncovered Parking Space, Spaces - Assigned

Interior
HeatingOther Heat
CoolingCeiling Fan(s)
Has BasementYes
Basement

Partial, Separate Entry, Unfinished

Exterior
ExteriorWood Frame, Wood Shingles
Lot DescriptionLevel
RoofComposition Shingles
Additional Information
Date ListedJuly 29th, 2021
Listing Details
AgentJon Holmquist
OfficeMARCUS & MILLICHAP
Property History
Status Changed from New to Active
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Listing information last updated on September 17th, 2021 at 4:31am CDT.