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2421 Webb Ave, Alameda, CA 94501

Sale Price: $1,200,000
Nov 20, 20242,476 sqft4 beds0 baths
Listed by: Jose Cerda-Zein
License #: 01403669
Phone #: 510-523-5673
Cerda-Zein Real Estate
Source:
CRMLS Logo
MLS #: 41079377

Property Description

Charming Triplex in Prime Downtown Alameda. Welcome to 2421 Webb, a rare Colonial Revival-style triplex in the heart of downtown Alameda. Perfect for investors seeking a strong cap rate or homeowners looking to offset living costs, this property combines timeless charm, an unbeatable location, and significant rental income. The triplex features a 2-bedroom, 1-bath unit currently renting for $2,315.25/month, along with (2) 1-bedroom, 1-bath units renting for $1,698.62 and $1,780.81 per month, generating a total monthly income of $5,794.68. Unit B stands out for its abundant natural light and classic period details, offering a warm and inviting living space. The property includes off-street parking, a detached garage with ADU potential (buyer to verify), and separate gas and electric meters for each unit. A spacious utility room provides expansion opportunities, whether for shared laundry, additional living space, or even a fourth unit. Located steps from downtown Alameda's vibrant shops, dining, and parks, this property offers unmatched convenience and lifestyle appeal. Whether you're looking to invest in a high-performing property or live in one unit while renting the others, this triplex is an incredible opportunity.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$22,683

TurboHome Estimated Value

$1,304,600

$527 sqft

High Valuation
$1,369,830
$553/sqft
Normal Valuation
$1,304,600
$527/sqft
Low Valuation
$1,239,370
$501/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$527/sqft$1,304,600

Neighborhood: EAST END

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Comparative Value

$955K

$1.10M

$1.20M

$1.43M

$1.45M

2102 Buena Vista Ave, Alameda, CA 94501

Sale Price: $955,000

Selected Comparable

2421 Webb Ave, Alameda, CA 94501

List Price: $1,097,000

Subject Property

3107 Fernside Blvd, Alameda, CA 94501

Sale Price: $1,120,000

Selected Comparable

2421 Webb Ave, Alameda, CA 94501

Sale Price: $1,200,000

Selected Comparable

2101 Alameda Ave, Alameda, CA 94501

Sale Price: $1,425,000

Selected Comparable

1336 Versailles Ave, Alameda, CA 94501

Sale Price: $1,450,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2421 Webb Ave, Alameda, CA 94501

2421 Webb Ave, Alameda, CA 94501

List: $1,097,000

Listed: 11/20/2024

Area:2,476 sqft
Price/sqft:$443
Beds:4
Baths:
Year Built:
Lot Size:6,250

Comparable Properties

COMPARABLE
Choose comps
2421 Webb Ave, Alameda, CA 94501

2421 Webb Ave, Alameda, CA 94501

Sale: $1,200,000

2/6/20250.00 mi

Area:2,476 sqft
Price/sqft:$485
Beds:4
Baths:
Year Built:
Weight:23.8%
2101 Alameda Ave, Alameda, CA 94501

2101 Alameda Ave, Alameda, CA 94501

Sale: $1,425,000

12/26/20240.54 mi

Area:2,646 sqft
Price/sqft:$539
Beds:4
Baths:
Year Built:
Weight:21.2%
1336 Versailles Ave, Alameda, CA 94501

1336 Versailles Ave, Alameda, CA 94501

Sale: $1,450,000

8/23/20240.43 mi

Area:2,772 sqft
Price/sqft:$523
Beds:4
Baths:
Year Built:
Weight:20.1%
3107 Fernside Blvd, Alameda, CA 94501

3107 Fernside Blvd, Alameda, CA 94501

Sale: $1,120,000

11/15/20240.74 mi

Area:1,976 sqft
Price/sqft:$567
Beds:4
Baths:
Year Built:
Weight:18.3%
2102 Buena Vista Ave, Alameda, CA 94501

2102 Buena Vista Ave, Alameda, CA 94501

Sale: $955,000

4/24/20250.52 mi

Area:2,919 sqft
Price/sqft:$327
Beds:5
Baths:
Year Built:
Weight:16.6%

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