5-Units | West Alameda

The West Alameda neighborhood, situated within the vibrant city of Oakland, is a hidden gem that exudes a distinct sense of charm and tranquility. Bordered by scenic waterfronts and characterized by tree-lined streets, this neighborhood offers a unique blend of residential comfort and natural beauty. Its proximity to the waterfront grants residents and visitors captivating views of the bay, enhancing the area's appeal. One of the defining features of West Alameda is its strong sense of community. The neighborhood is known for its friendly and welcoming atmosphere, fostering a tight-knit spirit among its residents. This is reflected in the local events, farmers' markets, and gatherings that regularly take place, providing opportunities for neighbors to connect and engage in meaningful ways. West Alameda's historical significance also adds to its allure. The architecture in the area showcases a mix of styles from different eras, offering a glimpse into its rich past. The Alameda Naval Air Museum, located nearby, pays homage to the neighborhood's ties to aviation history. This unique combination of community, history, and natural beauty makes West Alameda a sought-after destination for those seeking a serene yet engaging urban experience in Oakland. Walk Score - 87 Transit Score - 47 Bike Score - 87This extraordinary property at Santa Clara Ave presents a unique owner-occupy opportunity that's a game-changer for real estate investors. Imagine living in the spacious, 4-bedroom, 2-bathroom 2,100 SQFT home, while offsetting your mortgage with a substantial $5,793/month rental income from the remaining units. The rare unit configuration includes one 4-bedroom, two-bathroom 2-story house, and four two-bedroom, one-bathroom units, resulting in an impressive monthly cash flow of $10,793 and an annual income of $129,516. Your investment is secured further by the addition of modern in-unit laundry facilities, providing convenience and appeal to both residents and future occupants. But the potential for profitability doesn't end there. With a promising rental upside of at least 39% for the 4-Plex unit, your investment in Santa Clara Ave is poised for substantial growth. Ample off-street parking for 4-6 vehicles ensures convenience and accessibility, enhancing the property's appeal to a wide range of potential tenants. Located in an ideal neighborhood, the property benefits from its proximity to popular retailers, dining options, entertainment venues, and shopping centers, guaranteeing a consistent pool of potential tenants who can readily seize vacant opportunities. Don't miss your chance to secure this extraordinary investment that promises both financial stability and growth potential.