1123 Union St, Alameda CA

1123 Union Street is a two-story fourplex, located near Alameda's coveted Gold Coast, and consists of 2 one bedroom / one bathroom units, 2 studio units, and one non-conforming unit. Units are individually metered for gas and electric and are sewer lateral and gas shut off compliant.  The subject property allows the new owner the opportunity to add value by converting the non-conforming unit into an ADU to generate additional income, or move forward with the approved remodel of the 2nd floor, removing the non-conforming unit and allowing Unit A to become a two bedroom / one bathroom unit, and Unit B a two bedroom / two bathroom unit.  1123 Union allows both local and regional investors the opportunity to acquire a asset in a desirable location with both income stream and investment value.