3248 Briggs Ave

3248 Briggs Avenue is located in Alameda’s East End, a well-established residential district on Alameda Island known for its walkable neighborhood, tree-lined streets, and access to everyday retail, dining, parks, and the shoreline. Overall, Alameda’s combination of neighborhood stability, quality-of-life positioning, and water-transit commuting options supports consistent long-term rental demand fundamentals for well-located multifamily assets.

3248 Briggs Avenue is a 6-unit apartment property in Alameda, California, built in 1970 and fully leased. The offering is positioned as a stabilized, income-producing multifamily asset in a supply-constrained, infill East Bay submarket. The property benefits from its Alameda Island location—proximate to neighborhood-serving retail corridors and commuter options—while offering investors immediate cash flow with embedded long-term demand drivers associated with Alameda’s housing market and access to San Francisco and Oakland.