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712 Santa Clara Ave 6 Unit Apartment Building $1,789,489 CAD ($298,248 CAD/Unit) 7.57% Cap Rate Alameda, CA 94501



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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- Rent Roll and Financials
Property Facts
| Price | $1,789,489 CAD | Building Class | C |
| Price Per Unit | $298,248 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 7,184 SF |
| Cap Rate | 7.57% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1942 |
| Property Subtype | Apartment | Parking Ratio | 0.84/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-5 | ||
| 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 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 073-0422-016-00 | Improvements Assessment | $118,401 CAD |
| Land Assessment | $231,937 CAD | Total Assessment | $350,338 CAD |
Property Taxes
Parcel Number
073-0422-016-00
Land Assessment
$231,937 CAD
Improvements Assessment
$118,401 CAD
Total Assessment
$350,338 CAD
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712 Santa Clara Ave
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