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954 Park St, Alameda, CA 94501

Alameda
Local realty services provided by:CENTURY 21 Discovery
954 Park St,Alameda, CA 94501
$1,625,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: rich krinks
Office: bhhs drysdale properties510-523-1144
MLS#:41109306
Source:CRMLS

Price summary

  • Price:$1,625,000

About this home

Incredible SixPlex investment property with potential to build two Accessory Dwelling Units (ADUs). The current units are of varying sizes, but are all one bedroom and one bath. Hardwood floors, high ceilings, recently upgraded electrical, and charming detail in each unit. By adding two potential ADUs, in the backyard, at approximately 800 sf each with projected rents of $76,800/year the NOI goes to $161,500 and the CAP rate goes to 9.94%. The potential development, the the size of the ADUs, potential rents, NOI and CAP rate are not guaranteed by the seller nor the seller's broker. All buyers must complete their own investigation with the City of Alameda and come to their own conclusions. In the rear of the property there is a large yard and parking area that is shared by the tenants. In addition to the main driveway there is a north side walkway that runs the length of the property. The landlord pays for water and garbage for each unit. The Tenant pays electric and gas. The...

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Home facts

  • Year built:1910
  • Subdivision & Development:PARK ST DISTRICT
  • Listing ID #:41109306
  • Added:383 day(s) ago
  • Updated:September 13, 2026 at 08:06 AM

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Lot area:0.17 Acres
  • Lot Features:Street Level
  • Construction Materials:Wood Siding

Finances and disclosures

  • Price:$1,625,000

Parking

  • Total parking spaces:8
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Discovery is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Discovery, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Stephanie Goedl

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