Alameda, CA 94501
$15,000,000
Bed
0
Bath
0
Living Space
69,138 SqFt
Year Built
1926
Lot Size
1.68 Acres
Days
16
Rare opportunity to acquire a landmark mixed-use asset in the heart of downtown Alameda. The historic 1926 Spanish Colonial Revival building offers 93 residential units and 17 retail spaces across 110 total units, with 96.4% physical occupancy. The property has not traded in over 30 years. The residential mix spans studios, one-bedrooms, and private- and shared-bath rooms with significant rent roll upside as legacy in-place rents roll to market on turnover. Studios currently range from $542 to $1,742/month, one-bedrooms from $1,055 to $2,100, reflecting the spread between long-tenured residents and recent market-rate leases. Alameda's Annual General Adjustment is set at 2.7% for 2026-27, providing predictable annual increases on controlled tenancies. The building features a historic ballroom and event venue a largely untapped revenue opportunity with potential for events, co-working, or food and beverage activation. Ground-floor retail along Broadway adds diversified income from 17 commercial spaces. Zoned CCT (Community Commercial Theater District), the property sits on Alameda's primary commercial corridor with immediate access to the Fruitvale BART station and the Bay Bridge.
Listing provided courtesy ofJake Anthony License 02059020 MJA Equity Investments, Inc., Michael J Anthony License 00819426 MJA Equity Investments, Inc.
Data provided by MLSListings Inc.
Love Elementary School (Elementary) - GreatSchools rating 8/10 Alameda Unified School District
Within a 1-2 mile radius of the property, several parks are available. These include Franklin Park, Marina Cove Waterfront Park, and Littlejohn Park. Lincoln Park, a 8.4-acre park with walking paths and sports facilities, is also nearby. Bohol Circle Immigrant Park, known for its unique ship-themed playground and waterfront views, is another option.
The property is located in Alameda, CA, specifically within the West End neighborhood. This area is characterized by its historic charm, featuring well-preserved Victorian and Craftsman-style homes and tree-lined streets. Downtown Alameda, a vibrant commercial and cultural center, offers a variety of shopping, dining, and entertainment options, including boutique shops and diverse restaurants. The community is known for its friendly atmosphere and local events that bring residents together.
This location has a Walk Score of 75 out of 100, indicating it is "Very Walkable" as most errands can be accomplished on foot. The Transit Score is 50 out of 100, classified as "Good Transit," with many nearby public transportation options. Verified bus lines serving the area include the 51A Broadway - Santa Clara, O Santa Clara - Encinal Transbay, and 314 West Oakland Shopper, among others.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
Love Elementary School (Elementary) - GreatSchools rating 8/10 Alameda Unified School District
Within a 1-2 mile radius of the property, several parks are available. These include Franklin Park, Marina Cove Waterfront Park, and Littlejohn Park. Lincoln Park, a 8.4-acre park with walking paths and sports facilities, is also nearby. Bohol Circle Immigrant Park, known for its unique ship-themed playground and waterfront views, is another option.
The property is located in Alameda, CA, specifically within the West End neighborhood. This area is characterized by its historic charm, featuring well-preserved Victorian and Craftsman-style homes and tree-lined streets. Downtown Alameda, a vibrant commercial and cultural center, offers a variety of shopping, dining, and entertainment options, including boutique shops and diverse restaurants. The community is known for its friendly atmosphere and local events that bring residents together.
This location has a Walk Score of 75 out of 100, indicating it is "Very Walkable" as most errands can be accomplished on foot. The Transit Score is 50 out of 100, classified as "Good Transit," with many nearby public transportation options. Verified bus lines serving the area include the 51A Broadway - Santa Clara, O Santa Clara - Encinal Transbay, and 314 West Oakland Shopper, among others.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
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