1523 Schiller Street represents an extremely rare opportunity to acquire a 10-unit multifamily asset on one of Alameda's most coveted blocks, steps from downtown. Originally built in 1968, the property features eight (8) massive 3-bedroom/2-bathroom floor plans at over 1,000 square feet each, along with two (2) large 1-bedroom/1-bathroom layouts. Many units have recently undergone extensive renovation, including high-end kitchens and bathrooms, waterproof LVT flooring, and upgraded electrical panels. The exterior has also gone through major upgrades including new paint, fencing, modern landscaping, wood siding, and a full seismic retrofit in the parking area to comply with Alameda's city ordinance.
MLS# | ML81976393 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1968 |
Days On Site | 40 |
Listing Provided By | Marcus & Millichap (650) 391-1700 | Eymon Binesh |
SQ Feet | 9,316 |
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Car Port | Yes |
Building(s) | 1 |
Zoning | R-5 |
Acreage | 0.24 |
State | CA |
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County | Alameda |
City | Alameda |
Zip Code | 94501 |
Area | 699 Not Defined |
Listing VS Median (in 94501) | |
Price: $4,180,000 low | high Med: $986,624 SqFt: 9,316 low | high Med: 1,483 $ / SqFt: $449 low | high Med: $665 On Site: 40 low | high Med: 96.000000 |