$1,300,000
$1,325,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
2,857 Sqft Lot
SOLD DATE : 11/10/2020
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40916178
Sold Date 11/10/20
HOA Y/N No
Year Built 1896
Lot Size 2,857 Sqft
Property Sub-Type Quadruplex
Property Description
1123 Union Street is a two-story fourplex, located near Alameda's coveted Gold Coast, and consists of 2 one bedroom / one bathroom units, 2 studio units, and one non-conforming unit. Units are individually metered for gas and electric and are sewer lateral and gas shut off compliant. The subject property allows the new owner the opportunity to add value by converting the non-conforming unit into an ADU to generate additional income, or move forward with the approved remodel of the 2nd floor, removing the non-conforming unit and allowing Unit A to become a two bedroom / one bathroom unit, and Unit B a two bedroom / two bathroom unit. 1123 Union allows both local and regional investors the opportunity to acquire a asset in a desirable location with both income stream and investment value.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Fireplace No
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 1
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 7230515
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Bought with Robin Maes • CALIFORNIA GOLDEN BEAR REALTY