$3,225,000

The Bay Area Multifamily Team of Colliers International is pleased to present 863-867 Walnut Street; a 13-unit apartment community in Alameda, CA. The property is located directly on the waterfront, offering tenants serene views, and is just half a mile from the vibrant Park Street corridor, where residents enjoy easy access to a wide variety of groceries, dining, and retail. The subject property, built in 1965, features (13) residential units – (1) 1-Bedroom / 1-Bath unit, (10) 2-Bedroom / 1-Bath units, (1) 2-Bedroom / 2-Bath unit, and (1) 3-Bedroom / 2-Bath unit. The residents of 863-867 Walnut Street benefit from being located minutes from downtown Alameda, a hub of small businesses and community activities with over 200 retail and dining options including Trader Joe’s, Julie’s Coffee & Tea Garden, Burma Superstar, Alameda Island Brewing Company, and more. The property has tuck-under parking, on-site laundry, and private decks or balconies for residents to enjoy the picturesque lagoon view. The property provides seamless access throughout the Bay Area via Highway 880 and the Fruitvale BART Station, making it an ideal choice for both commuters and local working residents.