1575 Pacific Ave Alameda, CA 94501

Rare 3 buildings 1 lot (4-Plex) located in Central Alameda. This unique 4 plex has great potential, not only for an investor but for the seasoned contractor as well. The 4-plex consists of three buildings which include a fully renovated duplex in front, and two vacant buildings in back that need some TLC. The duplex was completely renovated about year-and-a-half ago and includes stainless steel appliances, granite counters and more. For the Contractor: The middle unit is currently a 1 bed /1 bath (800 sf) and the sellers have the approved plans to make it a 3 bed /2 bath (increasing it to 1080 sf). The back unit is currently 2 bed /1 bath (950 sf), and sellers have the approved plans to make it a 3 bed /2.5 bath (increasing it to 1588 sf). Both buildings in back are vacant and have not been occupied for years. All units are separately metered (water, gas, and electrical) and the Sewer-lateral has been replaced. Plans are approved and permits are ready to issue!