INCOME PROPERTY FOR SALE
Surfside Apartments
Multi - Units 53 Units
434 Central Ave, Alameda, CA 94501
434CENTRAL.COM
Year Built: 1964 Building Size: 34,344 SF Lot Size: 46,800 SF Tax ID: 74-1305-3 CAP 5.9% PROJECTED
OFFERED AT $16,950,000
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
RE/MAX MARKETPLACE IS PROUD TO PRESENT
RARE ALAMEDA APARTMENT COMPLEX, CENTRALLY LOCATED TO OAKLAND, SAN FRANCISCO AND SILICON VALLEY. 53-unit apartment complex centrally located in prime Alameda Location. Fantastic unit mix of 17 two-bedroom/one bath floor plans, and 36 one-bedroom/one bath floor plans. Located just three blocks from Webster Street, containing various restaurants, stores and retail shops. Close proximity to the 1,500-acre Alameda Point Development, one of the largest development projects in the bay area. This project is anticipated to create over 9,000 new jobs and is to include 1,425 new homes and over 5.5 million sq. ft. of commercial space. Property consists of two buildings with partial views of the bay and a private pool for the resident’s enjoyment. Gated complex with coin-operated laundry room, assigned carports and ample guest parking. Property includes over a 300 sq. ft. utility room, presently used to house maintenance equipment Upon vacancy, interiors have been upgraded with laminate floors and new paint. Many units have been completely upgraded with remodeled kitchens and baths. Great location in Alameda's West End, near South Shore Shopping, restaurants and access to Oakland and other Points of Interest in and around the Bay Area. Perfect commute to Oakland, San Francisco and Silicon Valley.
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
PROPERTY PROFILE
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
Grounds
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
1 Bedroom Unit
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
1 Bedroom Unit
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
LOCATION
COMMUTER LOCATION
2.9 Miles to Oakland Bart Station via Webster St and Posey Tube 2.5 Miles to Jackson Square - Oakland 1.5 Miles to US Hornet .5 Miles to Pier 29 13 Miles to San Francisco 2.6 Miles to Downtown Alameda
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
LOCATION
COMMUTER LOCATION - WEST END ALAMEDA
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
LOCATION
AROUND SURSIDE
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
COUNTY ASSESSOR'S PARCEL MAP
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
FINANCIALS
INCOME AND EXPENSE PROPERTY REPORT
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
RENT ROLL
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
RENT COMPARABLES SUMMARY
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
VACANCY
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
CENTRAL AVENUE - PROJECT The Central Avenue project is expected to improve safety, have minimal motor vehicle delays and operate similar to the mid-section of Broadway, which is a truck and bus route and has bike lanes.
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
David & Erika Rendino INCOME PROPERTY SPECIALISTS DRE#01252035 | 01465104
DIRECT: 707.696.3742 ESPAÑOL: 707.318.1851 EMAIL: DRENDINO@MAC.COM
SonomaCountyIncomePropertyReport.com
Each office independently owned and operated. The information contained herein has been obtained through sources deemed reliable by RE/MAX Marketplace, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.