7.26% CAP | $285K PER UNIT | 7 UNITS 1211 Paru St 7 Unit Apartment Building $2,705,419 CAD ($386,488 CAD/Unit) 7.26% Cap Rate Alameda, CA 94501

Located in Alameda’s highly desirable Bronze Coast neighborhood, 1211 Paru Street is a seven-unit multifamily property offering an excellent unit mix and strong tenant appeal. The property provides convenient access to major employment hubs via Highways 880, 580, and 24, along with ferry service to San Francisco. Nearby amenities include regional bus and multiple BART stations, plus close proximity to Alameda South Shore Shopping Center and Alameda Landing (Target).
The building features a well-balanced mix of one-, two-, and three-bedroom units, including one (1) large 3-bedroom / 2.5-bath unit, five (5) 2-bedroom / 1-bath units, and one (1) 1-bedroom / 1-bath unit. The standout three-bedroom townhome-style residence includes a fireplace, two full bathrooms plus a half bath downstairs, an en-suite primary bathroom, and a balcony off the primary bedroom—ideal for an owner’s unit. Residences offer fully equipped electric kitchens, larger floor plans with ample closet space, and select downstairs units with private backyard patios. Additional features include extra-wide baseboards, spacious mirrored closets, updated bathrooms with three-piece tub enclosures, mature landscaping, an on-site laundry facility providing additional income, and a large lot with covered parking.
View Disclosures and Submit Offers Here: https://app.disclosures.io/link/1211-Paru-Street-dvy9dsmt
Virtual Tours:
• Unit A Downstairs: https://my.matterport.com/show/?m=u2ZTB6uvTe5
• Unit A Upstairs: https://my.matterport.com/show/?m=3u2vhs2bkFH
Please DO NOT disturb Tenants.
OFFERS DUE: Offers will be reviewed upon receipt.