2229 Clinton Avenue

Alameda, CA 94501

$2,150,000
Price
Beds
3,328 Sq. Ft.
$646 / Sq. Ft.
3,328
Sq. Ft.
$646
per Sq. Ft.

Description

Discover an exceptional residential income property featuring 5 units across two stories, each thoughtfully designed to offer comfort and convenience. The property includes four 2-bedroom, 1.5-bath units and one spacious 3-bedroom, 2.5-bath unitideal for tenants seeking extra space. Each unit boasts a full suite of appliances: electric oven/stove top, refrigerator, and dishwasher. Four units enjoy their own private backyard oasis. Additional amenities include covered off-street parking for each unit...Discover an exceptional residential income property featuring 5 units across two stories, each thoughtfully designed to offer comfort and convenience. The property includes four 2-bedroom, 1.5-bath units and one spacious 3-bedroom, 2.5-bath unitideal for tenants seeking extra space. Each unit boasts a full suite of appliances: electric oven/stove top, refrigerator, and dishwasher. Four units enjoy their own private backyard oasis. Additional amenities include covered off-street parking for each unit and a shared laundry room for tenant convenience. At the rear, a fenced outdoor patio provides a communal space for relaxation. This property offers an excellent investment opportunity with desirable features tenants love!
  1. Listed by Rob Ross • DRE #01446172 • Brokerage DRE #01499008 • Berkshire Hathaway HomeServices Drysdale Prop • 831-588-0974

Property Details for 2229 Clinton Avenue

MLS City Name
ALAMEDA
Building Type
Other
Garage Spaces
5
Parking Spaces
5
LISTING UPDATED: 11/13/2024 10:40 AM

Property Details for 2229 Clinton Avenue

StatusActive
MLS #ML81985237
Days on Compass23
Taxes$26,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1965
Lot Size0.17 AC / 7,500 SF
CountyAlameda County

Building Information for 2229 Clinton Avenue

Stories-Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 2229 Clinton Avenue

Features
Room Information
  • Additional Rooms: Laundry Room
Features
  • Amenities: Walk-in Closet
  • Fireplace: No
  • Flooring: Concrete, Vinyl / Linoleum
  • Laundry: Coin Operated, Washer / Dryer
  • Living SqFt: 3328
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Other
  • Meters: Master Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters
  • Water: Public
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Carport, Covered Parking, No Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Alameda Map Area 2
  • Restrictions: None
  • Roof: Flat / Low Pitch, Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 2229
  • Street Name: Clinton
  • Street Suffix: Avenue
  • Area ID: 2902
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 3328
  • Structure SqFt Source: Assessor
  • Age: 59
Development Information
  • Ownership Type: Sole Proprietor
  • Zoning Detail: Multi family residential
Location Information
  • City Limits: Yes
  • Parcel Number: 071-0213-017
  • County Name: Alameda
  • City Name: ALAMEDA
  • City Postal ID: 121
  • Postal Code: 94501
  • Elementary School District: 966
  • High School District Text: Alameda City Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .17
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $26,875
  • Capitalization Rate: 3.72
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $1,210
  • Expense Maintenance: $2,583
  • Expense Management: $7,668
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $5,718
  • Expenses Total: $44,054
  • Operating Expenses Include: Fee - Property Management, Maintenance
  • Gross Rent Multiplier: 16.82
  • Income Annual Gross: $123,954
  • Income Annual Rental: $127,788
  • Income Gross Scheduled: $127,788
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,903
Unit 2 Information
  • Unit 2 Approx Square Footage: 991
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,752
Unit 3 Information
  • Unit 3 Approx Square Footage: 990
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,933
Unit 4 Information
  • Unit 4 Approx Square Footage: 990
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,903
Unit 5 Information
  • Unit5 Full Baths: 2
  • Unit5 Half Baths: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 991

Property History for 2229 Clinton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2229 Clinton Avenue

Taxable ValueLand$83,409Additions$132,925Total$216,334
Tax Record2024$7,629 ($636 / month)
Home Facts
Total Finished SqFt3,328 SqFtAbove Grade Finished SqFt3,328 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyALAMEDAAPN71-213-17

Schools near 2229 Clinton Avenue

This home is within Alameda Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Love Elementary
PublicK to 5

Will C. Wood Middle School
Public6 to 8

Alameda High School
Public9 to 12

Island High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2229 Clinton Avenue is for sale in Alameda, CA 94501. This property was listed for sale on October 29, 2024 by Berkshire Hathaway HomeServices Drysdale Prop, it's currently listed at $2,150,000. This listing's school district is Alameda Unified School District. Nearby schools include Love Elementary, Will C. Wood Middle School and Alameda High School. 2229 Clinton Avenue is a 0-bed, 0-bath, 3,328 sqft built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Drysdale Prop, Rob Ross, DRE #01446172

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.