$1,225,000
$25K PRICE DROP

Estimated payment $7,277/month

Total Views 2,504
4 Beds
4 Baths
2,816 Sq Ft
$435 Price per Sq Ft

About This Home

Perfectly positioned 4-unit building just a short walk to the beach, South Shore Center, and vibrant Park Street. All units feature one bedroom layouts. Two units will be delivered vacant - upstairs left (Unit 1102) and downstairs front (Unit 1100). This property sits in the highly desirable Alameda Unified School District, known for its excellent schools including Otis Elementary, Lincoln Middle School, and Alameda High School. All three schools have consistently strong academic performance ratings. The building sits on a generously sized lot with excellent potential for ADU development to maximize your investment. Whether you're looking to owner-occupy or seeking a pure investment opportunity, this well-located building offers multiple paths to build value. Take advantage of this rare opportunity to acquire a multi-unit property in this desirable neighborhood. Two units to be delivered vacant allowing for immediate repositioning while the spacious lot provides room for future expansion. Contact for more details and showing information.

Listing Agent

David R. Valva

Coldwell Banker Realty License #00811437 Listed on: 02/20/2025

Co-Listing Agent

Noriko Yasui Higashi

Coldwell Banker Realty License #02064050

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,903

Year Built

1926

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Co List Office Mls Id: OBOCBVA 01
  • Co List Office Mls Id: OBOCBVA 01
  • Subdivision Name: ALAMEDA
  • Directions: Park Street -East on San Jose to Park Avenue
  • Special Features: None
  • Year Built: 1926

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 4

Exterior Features

  • Construction Type: Stucco, Frame

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: No Air Conditioning
  • Heating Yn: Yes
  • Utilities: Individual Electric Meter, Individual Gas Meter

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 7940

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,903 $121,146 $63,698 $57,448
2023 $5,472 $118,771 $62,449 $56,322
2022 $5,371 $116,443 $61,225 $55,218
2021 $8,732 $114,159 $60,024 $54,135
2020 $7,648 $112,989 $59,409 $53,580
2019 $7,553 $110,774 $58,244 $52,530
2018 $7,292 $108,602 $57,102 $51,500
2017 $6,423 $106,473 $55,983 $50,490
2016 $5,158 $104,385 $54,885 $49,500
2015 $6,727 $102,818 $54,061 $48,757
2014 $6,096 $100,804 $53,002 $47,802
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 For Sale $1,250,000 -- $444 / Sq Ft
Source: bridgeMLS

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Unknown
Open $400,000 Credit Line Revolving
Closed $400,000 Unknown
Closed $208,000 No Value Available
Source: Public Records

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Source: bridgeMLS

MLS Number: 41086661

bridgeMLS

APN: 070-0182-050-00