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2000 Clinton Ave

Alameda, CA 94501
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Bed 2

Bed

Bath 5

Bath

SqFt8,750

Sqft(Lot)

2000 Clinton Avenue presents an opportunity to own a rare waterfront property in Alameda's coveted Bronze Coast, combining historic character, flexible living options, and compelling income potential. Situated on an 8,750-SF waterfront corner lot at the end of a quiet cul-de-sac, the property features a historic Craftsman triplex designed in 1905 by renowned architect John Leonard, plus a detached waterfront cottage directly on Alameda's iconic lagoon. The vacant 2-bedroom/2-bathroom owner's flat creates an ideal starter-home or owner-user opportunity, allowing a buyer to enjoy waterfront living while income from the two long-term studio tenants helps subsidize the mortgage. The detached waterfront cottage will also be delivered vacant and features a kitchenette, full bathroom, and skyl ights, presenting a unique opportunity for potential Airbnb/VRBO income, guest accommodations, a home office, or creative studio (Buyer to Verify permitted uses). The property offers strong investment fundamentals with a 6.40% current cap rate and upside to a 7.07% pro-forma cap rate through below-market studio rents. Major capital improvements include a 2021 exterior renovation, 1997 seismic retrofit, and newer 30-year roof. Listed on the City of Alameda Historic Register and recipient of the 2022 Alameda Architectural Preservation Society Award, the property offers unobstructed lagoon views and is just a half mile from Park Street, South Shore Center, and Alameda Beach. Whether utilized as an owner-occupied income property, turn-key investment, multi-generational residence, or potential single-family conversion, 2000 Clinton Avenue offers a unique opportunity to own an income-producing waterfront asset in one of Alameda's most desirable neighborhoods.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,555,000

AD Id : 89844575

MLS Id : 41145751

Beds : 2

Lot Size : 8,750 Sqft

Year Built : 1905

County : Alameda

Subdivision: Regency Surf & Racquet Club

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: SeeRemarks Has Cooling: Yes Cooling: SeeRemarks

  • Building Information

    Year Built: 1905
    Construction Materials: SeeRemarks
    Private Pool: No

  • Lot Information

    Main Square Feet: 8750 Lot Size Acres: 0.2009 Lot Size Source: Other Lot Size Square Feet: 8,750

    Property Information

    Subdivision: ALAMEDA COUNTY Source Property Type: ResidentialIncome Property SubType: Triplex Property Age: 121

  • Listing Price Information

    Listing Price: $1555000

  • Tax Information

    Parcel Number: 74123572

  • Location Information

    Direction: Cross Street: Chestnut St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1446 Fernside Blvd, Alameda, CA, 94501 $1,399,900 5 2 -- 4,945 Sqft
2305 San Jose Ave, Alameda, CA, 94501 $1,599,000 5 4 -- 7,500 Sqft
1405 Central Avenue, Alameda, CA, 94501 $1,599,000 7 -- 3,247 7,492 Sqft

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ByOwner last updated this listing 09/04/2026 @ 09:57

MLS: 41145751 LISTED BY: GianLuca Jacoli, Shield CRE, Inc. 310-593-9869 SOURCE: CRMLS

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