REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Robert Loebl, DRE #01973113 • Welcome Management Corporation
$ 1,575,000
Est. payment /mo
Price Dropped by $75K
1527 8th St Alameda, CA 94501
3,140 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,140 sqft
Price per Sqft $501
MLS Listing ID BE41125542
Year Built 1912
Lot Size 5,600 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
1527 8th Street, Alameda, CA offers discerning buyers the chance to own a stable multifamily asset in a coveted location, just blocks from the vibrant amenities of Webster Street. Astute investors will appreciate not only the superb location, but also the low historical vacancy, minimal maintenance requirements, embedded rental upside available upon tenant turnover, and robust overall appreciation potential. The property is comprised of a 0.13-acre parcel with original building construction dating to 1912. The architectural detail and period style is reflective of the boom times on the island during that era. Residents enjoy a generous and attractive common area garden space at the middle of the parcel. The main building also includes a spacious basement area with bike parking for tenants, two large storage areas, and a coin operated laundry machine and dryer. There is also a private enclosed garage which beckons for a potential future owner-occupant. The unit mix consists of one (1) studio; two (2) one-bedroom one-bath apartments; one (1) two-bedroom one-bath apartment; plus a free-standing one-bedroom one-bath cottage featuring its own generous secluded garden area at the rear of the property. Each unit is separately metered for gas and electricity.
Location
State CA
County Alameda
Area Alameda Map Area 4
Interior
Heating Heating - 2+ Zones
Cooling None
Flooring Hardwood
Laundry Washer
Exterior
Exterior Feature Wood Frame
Parking Features Attached Garage
Garage Spaces 2.0
Roof Type Composition
Building
Lot Description Grade - Level
Water Heater - Gas
Others
Tax ID 73-419-6
Special Listing Condition Price Change, Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.