954 Park St, Alameda, CA 94501
954 Park St, Alameda, CA 94501
954 Park St, Alameda, CA 94501
25
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$1,625,000
Est. payment /mo
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4,104 SqFt
Pending

954 Park St Alameda, CA 94501

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,104 sqft

Price per Sqft $395

Subdivision Park St District

MLS Listing ID 41109306

HOA Y/N No

Year Built 1910

Lot Size 7,421 Sqft

Acres 0.17

Property Sub-Type Multi Family

Property Description

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'.

Location

State CA

County Alameda

Zoning R-4

Rooms

Basement None

Interior

Heating Other

Cooling None

Flooring Linoleum, Partial Carpeting

Fireplace No

Appliance Tankless Water Heater

Exterior

Utilities Available All Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Level, Rectangular Lot, Back Yard, Landscaped

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7018144

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Rich Krinks • BHHS Drysdale Properties

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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