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  • 954 Park St

954 Park St, Alameda, CA 94501

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

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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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

 Find more Alameda homes and real estate

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Lat/Long: 37.758740, -122.247065.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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