2421 Webb Ave, Alameda, CA 94501

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.