2421 Webb Ave

Description

Charming Triplex in Prime Downtown Alameda. Welcome to 2421 Webb, a rare Colonial Revival-style triplex in the heart of downtown Alameda. Perfect for investors seeking a strong cap rate or homeowners looking to offset living costs, this property combines timeless charm, an unbeatable location, and significant rental income. The triplex features a 2-bedroom, 1-bath unit currently renting for $2,315.25/month, along with (2) 1-bedroom, 1-bath units renting for $1,698.62 and $1,780.81 per month, generating a total monthly income of $5,794.68. Unit B stands out for its abundant natural light and classic period details, offering a warm and inviting living space. The property includes off-street parking, a detached garage with ADU potential (buyer to verify), and separate gas and electric meters for each unit. A spacious utility room provides expansion opportunities, whether for shared laundry, additional living space, or even a fourth unit. Located steps from downtown Alameda's vibrant shops, dining, and parks, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to invest in a high-performing property or live in one unit while renting the others, this triplex is an incredible opportunity.

Listing information courtesy of: Jose Cerda-Zein, Cerda-Zein Real Estate 510-523-5673. *Based on information from the Association of REALTORS/Multiple Listing as of 11/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.