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0 Baths

$1,499,000

1718 Alameda Ave, Alameda CA, 94501

Price per sqftN/A
Built in1915
Property typeResidential
Listed by Jason Pugao CA DRE# 01908325 with Keller Williams Tri-Valley 925-397-4200

Overview

Active

Listed Aug 11, 2026

Updated 8 days ago

Rare value-add multifamily opportunity in the heart of Central Alameda! 1718 Alameda Ave is a 6-unit property offering investors immediate upside, with three junior 1-bedroom units to be delivered vacant at close of escrow—providing a new owner the opportunity to renovate, reposition, and establish market rents from day one. The approximately 4,559 SF building sits on a spacious, flat 6,750 SF lot and features a versatile unit mix consisting of one studio, four junior 1-bedroom units, and one 2-bedroom/1-bath unit. Adding to the property's potential is a large full-size basement and generous lot with possible opportunity for future ADU development or additional improvements, subject to buyer investigation and City approval. The property is beautifully landscaped and offers multiple avenues to create additional value over time. Owner currently pays water, garbage, and the common-area house meter. Centrally located near shopping, dining, transportation, and all that Alameda has to offer. With 50% of the units delivered vacant, a substantial building footprint, large lot, flexible unit mix, and future development potential, 1718 Alameda Ave presents a compelling opportunity for an investor looking to reposition and maximize the value of a well-located Alameda multifamily asset.

$9,973/mo

Est. mortgage payment based on a $1,499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41144604

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Also listed on BEAR

MLS provider logo

Listed by Jason Pugao CA DRE# 01908325 with Keller Williams Tri-Valley 925-397-4200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/14/2026 at 2:03 PM UTC Last Checked: 2:03 PM UTC

 

 

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