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954 Park St, Alameda, CA 94501

$1,625,000 Approx. USD 0 beds, 0 baths

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Rich Krinks | rich.krinks@bhhsdrysdale.com
Lic#: 01095444
Broker: Courtesy of BHHS Drysdale Properties
Phone: 510-523-1144

Agent Remarks

Incredible SixPlex investment property with potential to build two Accessory Dwelling Units (ADUs). The current units are of varying sizes, but are all one bedroom and one bath. Hardwood floors, high ceilings, recently upgraded electrical, and charming detail in each unit. By adding two potential ADUs, in the backyard, at approximately 800 sf each with projected rents of $76,800/year the NOI goes to $161,500 and the CAP rate goes to 9.94%. The potential development, the the size of the ADUs, potential rents, NOI and CAP rate are not guaranteed by the seller nor the seller's broker. All buyers must complete their own investigation with the City of Alameda and come to their own conclusions. In the rear of the property there is a large yard and parking area that is shared by the tenants. In addition to the main driveway there is a north side walkway that runs the length of the property. The landlord pays for water and garbage for each unit. The Tenant pays electric and gas. The backyard/parking area is approximately 50' x 54'.

Listing Details

Property type: (Multi-Family)

Status: Pending

MLS# 41109306

List price is $1,625,000 Reduced by $300,000 on 1/8/2026

Price: $1,625,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1910

0.17 acres

Lot size: 0.1704

Subdivision: PARK ST DISTRICT

County: Alameda

Zoning: R-4

Construction: Wood Siding

Lot description: Street Level

Heating/cooling: None

Heating description: See Remarks

Last Updated: 6/24/2026

Days On Market (DOM): 302

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Lat/Long: 37.758740, -122.247065.
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