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2507 Clement Ave, Alameda, CA 94501

Fourplex

2507 Clement Ave, Alameda, CA 94501 Sold October 2023 CRMLS
$1,490,000Sold October 2023

Listing Agent: Steve Cressy (DRE #00765911) · Listing Office: BHHS Drysdale Properties · Contact: 510-523-1144 · Bought with: Stephen Ung · Re/Max Accord · MLS #41036079 · Source: CRMLS

7,027 sqft
Lot Size
1915
Year Built
Fourplex
Type
WallFurnace
Heating

About this fourplex

Great condition and high income earner in much sought after Alameda. This listing comprises two duplexes, the first (2501 & 2503 Clement) having two one-bedroom units, and the second (2507 & 2509 Clement) having two two-bedroom units. All units have one bath. Recent renovation and upgrades to multiple units include all new permitted 220v electrical wiring throughout, new baseboard heaters throughout, new electric water heaters, and many other upgrades. Tenants are stable and pay on time, and one two-bedroom unit likely vacant soon presents the opportunity to charge full market rate. Most recently leased unit has new carpet, paint, appliances, kitchen, and bath. Supreme walkability to super market (Nob Hill Foods), as well as downtown Alameda with its shops, restaurants, theatre, and other services. Excellent school district. Easy commute to freeway or BART (less than a mile away across Fruitvale Bridge). This pair of duplexes are ready to pass on to the next lucky investor. Please note that official address with the County is 2507 Clement, but the unit addresses are 2501 - 2509 Clement.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,490,000
Sold October 2023 · on market August 2023 · MLS #41036079 · Source: CRMLS
Listing Agent: Steve Cressy · Listing Office: BHHS Drysdale Properties · Contact: 510-523-1144 · Bought with: Stephen Ung · Re/Max Accord
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