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2000 Clinton Ave Alameda, CA 94501
$1,499,999 0 beds, 0 baths
0 sqft
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Agent Remarks

2000 Clinton Avenue presents an opportunity to own a rare waterfront property in Alameda's coveted Bronze Coast, combining historic character, flexible living options, and compelling income potential. Situated on an 8,750-SF waterfront corner lot at the end of a quiet cul-de-sac, the property features a historic Craftsman triplex designed in 1905 by renowned architect John Leonard, plus a detached waterfront cottage directly on Alameda's iconic lagoon. The vacant 2-bedroom/2-bathroom owner's flat creates an ideal starter-home or owner-user opportunity, allowing a buyer to enjoy waterfront living while income from the two long-term studio tenants helps subsidize the mortgage. The detached waterfront cottage will also be delivered vacant and features a kitchenette, full bathroom, and skylights, presenting a unique opportunity for potential Airbnb/VRBO income, guest accommodations, a home office, or creative studio (Buyer to Verify permitted uses). The property offers strong investment fundamentals with a 6.81% current cap rate and upside to a 7.38% pro-forma cap rate through below-market studio rents. Major capital improvements include a 2021 exterior renovation, 1997 seismic retrofit, and newer 30-year roof. Listed on the City of Alameda Historic Register and recipient of the 2022 Alameda Architectural Preservation Society Award, the property offers unobstructed lagoon views and is just a half mile from Park Street, South Shore Center, and Alameda Beach. Whether utilized as an owner-occupied income property, turn-key investment, multi-generational residence, or potential single-family conversion, 2000 Clinton Avenue offers a unique opportunity to own an income-producing waterfront asset in one of Alameda's most desirable neighborhoods.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# 41145751
List price is $1,499,999 Reduced by $55,001 on 9/30/2026
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1905
0.20 acres
Lot size: 0.2009
Subdivision: ALAMEDA COUNTY
County: Alameda
Construction: See Remarks
Parking description: Other
Heating/cooling: See Remarks
Heating description: See Remarks

Last Updated: 10/1/2026

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Lat/Long: 37.763940, -122.255672.
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Listing Agent: GianLuca Jacoli
Lic#: 01993610
Office Name: Mission Viejo

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Mission Viejo Office
23120 Alicia Parkway, Suite 100
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