10 Units with Parking and Storage in a Fantastic Downtown Alameda Location

$3,150,000

739 Santa Clara Avenue, Alameda, CA 94501

For Sale

Multifamily

Active

Last Updated: 05/22/2026

Details:

Cap Rate: 4.85%

NOI: $152,917

Building Size: 8,804 sqft

Lot Area: 0.21 acres

GRM: 12.69

Year Built: 1905

Price Per Sqft: $357.79

Price Per Unit: $315,000

Offered by

Angelo Baglieri

First Vice President

Marcus & Millichap

#01996324

Request Info to Unlock

Description:

10 Units with Parking and Storage in a Fantastic Downtown Alameda Location.

The Baglieri Team at Marcus & Millichap is pleased to offer this fantastic investment property for sale at 739 Santa Clara Avenue in Alameda, CA.

The offering consists of a 3-story, 10-unit apartment building totaling approximately 8,804 square feet. The property has a 9,570 square foot lot and includes 10 parking spots behind the building as well as a large storage room (possible ADU) which could be rented for additional income. The building was constructed in 1905 and many of the units have had significant upgrading as the units turned. The property is in good condition with many of the units updated. The units feature hardwood floors, period detailing, bay windows and beautiful moldings. Heating is through gas wall heaters. Tenants have access to an onsite laundry room. Located just off Webster Street and downtown Alameda, making this a prime rental location.