Experience a piece of history with this charming 5,042 SF, 8-unit property, located in the sought-after City of Alameda. This building has been meticulously maintained and offers investors an incredible opportunity to own a piece of Alameda's historic charm. The property boasts a diverse unit mix of studio and one bedroom one bathroom units, timeless appeal, and offers a blend of classic architecture with modern conveniences. Tenants enjoy on-site laundry, and some storage. Located in the vibrant city of Alameda, 1301 Walnut offers a diverse range of amenities and attractions to complement any business venture. The area is characterized by its charming historic architecture, bustling commercial districts, easy access to public transportation and thriving arts and culture scene. Just a short distance away, tenants can enjoy beautiful green spaces such as Lincoln Park, South Shore Shopping Center and Beach, as well as the Alameda Theater, shops, restaurants and entertainment along Park Street. With a variety of dining options, shopping opportunities, and a strong sense of community, the location provides an enticing backdrop for a successful professional environment. With its prime location and strong income, this property is an ideal investment opportunity, with ADU potential.