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1523 Broadway, Alameda, CA – $1,800,000

  • list_beds0
  • list_baths0
  • list_walk95

Essential Information

  • MLS® #40960889
  • Price$1,800,000
  • Bathrooms0.00
  • Lot Square Footage5,662
  • Year Built1917
  • TypeIncome
  • Sub-TypeQuadruplex
  • StatusActive
  • Walkscore95

Community Information

  • Address1523 Broadway
  • CityAlameda
  • CountyAlameda
  • StateCA
  • Zip Code94501

Amenities

  • ParkingAssigned
  • GaragesAssigned

Interior

  • InteriorCarpet, Laminate, Vinyl
  • HeatingSee Remarks

Exterior

  • ExteriorWood Siding
  • Lot DescriptionFront Yard, Street Level
  • RoofShingle
  • ConstructionWood Siding

Additional Information

  • Date ListedJuly 29th, 2021
  • Days on Market8
  • HOA Fees0.00

Listing Details

  • AgentJon Holmquist
  • OfficeMARCUS & MILLICHAP
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1523 Broadway

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.

Lifestyle Data

Courtesy of Jon Holmquist of MARCUS & MILLICHAP

Based on information from California Regional Multiple Listing Service, Inc. as of October 17th, 2021 at 3:54am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.