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Investment Highlights

  • Well maintained 10 units + Parking and Storage
  • Onsite Laundry for tenants
  • Incredible location – walk to downtown Alameda
  • Lovely units with period details and hardwood floors

Executive Summary

The Baglieri Team at Marcus & Millichap is pleased to offer this fantastic investment property for sale at 739 Santa Clara Avenue in Alameda, CA.
The offering consists of a 3-story, 10-unit apartment building totaling approximately 8,804 square feet. The property has a 9,570 square foot lot and includes 10 parking spots behind the building as well as a large storage room (possible ADU) which could be rented for additional income. The building was constructed in 1905 and many of the units have had significant upgrading as the units turned. The property is in good condition with many of the units updated. The units feature hardwood floors, period detailing, bay windows and beautiful moldings. Heating is through gas wall heaters. Tenants have access to an onsite laundry room. Located just off Webster Street and downtown Alameda, making this a prime rental location.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $341,194 $38.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $341,194 $38.75
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $341,194
Annual Per SF $38.75
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $341,194
Annual Per SF $38.75
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $4,331,124 CAD
Price Per Unit $433,112 CAD
Sale Type Investment
Cap Rate 4.85%
Gross Rent Multiplier 12.69
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 8,804 SF
Average Occupancy 100%
No. Stories 3
Year Built 1919
Parking Ratio 1.25/1,000 SF
Zoning R40, County

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 600 - 800
2+2 2 - 1,000
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
073-0420-016-00
Land Assessment
$1,459,107 CAD
Improvements Assessment
$3,187,274 CAD
Total Assessment
$4,646,382 CAD
  • Listing ID: 40615837

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 739 Santa Clara Ave, Alameda, CA 94501

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