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1718 Alameda Ave, Alameda, CA 94501

$1,399,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Jason Pugao | jason@thejpregroup.com
Lic#: 01908325
Broker: Courtesy of Keller Williams Tri-Valley
Phone: 925-397-4200

Co Listing Agent

Miranda Tsang | mirandatsanghomes@gmail.com
Lic#: 02017852
Broker: Courtesy of Keller Williams Tri-Valley
Phone: 510-785-8888

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 41144604

List price is $1,399,000 Reduced by $100,000 on 11/3/2026

Price: $1,399,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1915

0.16 acres

Lot size: 0.1550

Subdivision: ALAMEDA

County: Alameda

Construction: Wood Siding

Lot description: Street Level

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 11/10/2026

Days On Market (DOM): 93

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Lat/Long: 37.768897, -122.256833.
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