Best waterfront value in Alameda: Projected GRM = 15.02. Originally a grand home on the SF Bay, 2000 Clinton Avenue is now a Historic Preservation Award-winning triplex with water views. Situated on the lagoon's edge in the heart of the Bronze Coast, this charming triplex has an owner occupied 2BD/2BA flat on the first floor and two spacious studio apartments on the second floor. Behind the main home and directly on the lagoon is a darling “Boathouse” complete with updated full bath, kitchenette and skylights. 2000 Clinton is a versatile property which could accommodate a multi-generational family, function as a stand-alone investment or may be converted back to a single family home (buyer to verify). New interior foundation was added in 1997; the original clinker brick foundation was retained for historic and aesthetic value. All new cedar shingles and reinforced masonry on the massive chimney and the entrance in 2021. Newer 30 year roof for peace of mind. The terraced back patio offers space for relaxing, outdoor dining or gardening while overlooking the water. Located at Clinton/Chestnut cul de sac and just a few blocks to South Shore Center, the beach and Park Street’s shops and restaurants as well as Alameda Hospital, Oakland Airport, and top-ranked public schools.