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Executive Summary

Situated in a highly desirable Alameda location, 712 Santa Clara Avenue presents a compelling 6-unit multifamily investment opportunity positioned for stable returns and long-term growth. The property benefits from its proximity to the thriving Park Street corridor, a major draw for tenants with its concentration of dining, retail, and daily conveniences that support strong occupancy and rental demand. Nearby access to reputable schools, parks, and shoreline amenities further enhances tenant retention, while seamless connectivity to ferry service, BART, and key commuter routes into Oakland and San Francisco broadens the renter pool. Alameda’s limited housing supply and consistently strong rental market fundamentals make this an attractive asset for investors seeking dependable income with upside potential in one of the East Bay’s most resilient submarkets.

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Property Facts

Price $1,789,489 CAD
Price Per Unit $298,248 CAD
Sale Type Investment
Cap Rate 7.57%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 7,184 SF
Average Occupancy 100%
No. Stories 2
Year Built 1942
Parking Ratio 0.84/1,000 SF
Zoning R-5

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
073-0422-016-00
Land Assessment
$231,937 CAD
Improvements Assessment
$118,401 CAD
Total Assessment
$350,338 CAD
  • Listing ID: 40179399

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 712 Santa Clara Ave, Alameda, CA 94501

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