954 Park St
Alameda, CA 94501
0
Bed
0
Bath
7,421Sqft(Lot)
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. I
Property Details
Map
Map
What's Nearby
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Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: See Remarks Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1910Construction Materials: Wood SidingPrivate Pool: No
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Lot Information
Main Square Feet: 7421 Lot Size Acres: 0.1704 Lot Size Square Feet: 7,421 Lot Description: Street LevelProperty Information
Subdivision: PARK ST DISTRICT Source Property Type: Residential Income Property Age: 116
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Listing Price Information
Listing Price: $1625000Original Price: $1925000
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Tax Information
Parcel Number: 7018144
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Parking Information
Parking Total: 8
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Location Information
Direction: Cross Street: Otis.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Clay Street, Alameda, CA, 94501 | $1,300,000 | 2 | 1 | 1,290 | 1,290 SqFt |
| Sentinel Drive, Alameda, CA, 94501 | $859,500 | 2 | 1 | 1,066 | 1,066 SqFt |
| Bryant Avenue, Alameda, CA, 94501 | $1,989,999 | 5 | 4 | 3,743 | 3,743 SqFt |
| 638 Eucalyptus Way, Alameda, CA, 94501 | $1,449,000 | 4 | 4 | 2,377 | 2,377 SqFt |
| Sentinel Drive, Alameda, CA, 94501 | $761,700 | 2 | 2 | 1,066 | 1,066 SqFt |
| 3125 31293131 Fernside .., Alameda, CA, 94501 | $1,850,000 | 4 | 4 | -- | |
| 3244 Fernside Blvd, Alameda, CA, 94501 | $1,199,000 | 3 | 2 | 1,423 | 1,423 SqFt |
| 1410 Pearl St., Alameda, CA, 94501 | $995,000 | 2 | 1 | 1,332 | 1,332 SqFt |
| Everett St, Alameda, CA, 94501 | $899,000 | 2 | 2 | 2,255 | 2,255 SqFt |
| 3208 Washington St, Alameda, CA, 94501 | $1,300,000 | 5 | 3 | 2,357 | 2,357 SqFt |
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ByOwner last updated this listing 08/20/2026 @ 12:38
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