954 Park St Alameda, CA 94501
4,104 Sq. Ft. / 7,405 Sq. Ft., 0.17 acres lot size / Multi-Family
Status: Pending
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Incredible SixPlex investment property with potential to build two Accessory Dwelling Units (ADUs). The current units are of varying sizes, but are all one bedroom and one bath. Hardwood floors, high ceilings, recently upgraded electrical, and charming detail in each unit. By adding two potential ADUs, in the backyard, at approximately 800 sf each with projected rents of $76,800/year the NOI goes to $161,500 and the CAP rate goes to 9.94%. The potential development, the the size of the ADUs, potential rents, NOI and CAP rate are not guaranteed by the seller nor the seller's broker. All buyers must complete their own investigation with the City of Alameda and come to their own conclusions. In the rear of the property there is a large yard and parking area that is shared by the tenants. In addition to the main driveway there is a north side walkway that runs the length of the property. The landlord pays for water and garbage for each unit. The Tenant pays electric and gas. The backyard/parking area is approximately 50' x 54'.
property details
Type
Multi-Family
Status
Pending
County
Alameda
Year Built
1910
Sq. Ft.
4,104
Lot Size
7,405 Sq. Ft., 0.2 acres
Listing Id
41109306
Courtesy Of
Rich Krinks - BHHS Drysdale Properties +1 (510) 381-3434
List Office Phone
+1 (510) 910-1800
Subdivision
PARK ST DISTRICT
Interior Features
Living Area Units
Sq. Ft.
Flooring
Linoleum
Appliances
Tankless Water Heater
Exterior Features
Parking
Parking Lot
Private
Private
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
4,104 Sq. Ft.
Architectural Style
Other
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
06/24/2026
06/24/2026
|
Pending |
$1,625,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
01/08/2026
01/08/2026
|
Active |
$1,625,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
08/25/2025
08/25/2025
|
Active |
$1,925,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
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Market Trends
Source: Constellation1
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