2000 Clinton Ave, Alameda, CA 94501
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2000 Clinton Ave,Alameda, CA 94501
$1,555,000
- - Beds
- - Baths
- 2,381 sq. ft.
- Multi-family
- Active
Listed by: gianluca jacoli
Office: shield cre, inc.310-593-9869
MLS#:41145751
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,555,000
- Price per sq. ft.:$653.09
About this home
2000 Clinton Avenue presents an opportunity to own a rare waterfront property in Alameda's coveted Bronze Coast, combining historic character, flexible living options, and compelling income potential. Situated on an 8,750-SF waterfront corner lot at the end of a quiet cul-de-sac, the property features a historic Craftsman triplex designed in 1905 by renowned architect John Leonard, plus a detached waterfront cottage directly on Alameda's iconic lagoon. The vacant 2-bedroom/2-bathroom owner's flat creates an ideal starter-home or owner-user opportunity, allowing a buyer to enjoy waterfront living while income from the two long-term studio tenants helps subsidize the mortgage. The detached waterfront cottage will also be delivered vacant and features a kitchenette, full bathroom, and skylights, presenting a unique opportunity for potential Airbnb/VRBO income, guest accommodations, a home office, or creative studio (Buyer to Verify permitted uses). The property offers strong investment fundamentals with a 6.40% current cap rate and upside to a 7.07% pro-forma cap rate through below-market studio rents. Major capital improvements include a 2021 exterior renovation, 1997 seismic retrofit, and newer 30-year roof. Listed on the City of Alameda Historic Register and recipient of the 2022 Alameda Architectural Preservation Society Award, the property offers unobstructed lagoon views and is just a half mile from Park Street, South Shore Center, and Alameda Beach. Whether utilized as an owner-occupied income property, turn-key investment, multi-generational residence, or potential single-family conversion, 2000 Clinton Avenue offers a unique opportunity to own an income-producing waterfront asset in one of Alameda's most desirable neighborhoods....
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Home facts
- Year built:1905
- Subdivision & Development:ALAMEDA COUNTY
- Listing ID #:41145751
- Added:3 day(s) ago
- Updated:August 24, 2026 at 02:34 PM
Rooms and interior
- Flooring:Wood
- Living area:2,381 sq. ft.
Structure and exterior
- Year built:1905
- Building area:2,381 sq. ft.
- Lot area:0.2 Acres
- Architectural Style:Triplex
Finances and disclosures
- Price:$1,555,000
- Price per sq. ft.:$653.09
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