NOT LISTED FOR SALE

Estimated Value: $640,000 - $1,223,000

0.11 Acres
$8,301,700 Price per Acre
4,844 Sq Ft Lot

Sale Details

Date Sold: October 16, 2024

Last sale price $455,000 $316 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,549 / mo

168 Days on Market

About This Lot

As of October 2024

LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft duplex with an ADU, garages/parking, and potential for a 4th unit ADU. The multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft, both with in-unit washer and dryer. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Schedule a showing today to explore this property’s immense potential for your investment goals.

Last Agent to Sell the Property

Jennifer Shamoo

Innovate Realty, Inc. Brokerage Phone: 949-295-6491 License #01899250 Listed on: 04/04/2024

Co-Listed By

Suzanne Seini

Innovate Realty, Inc. Brokerage Phone: 949-295-6491 License #02047620

Last Buyer's Agent

Jennifer Aguilar-Shamoo

Innovate Realty, Inc. License #01368274

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 4,844 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Additional Features

  • Neighborhood Views
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5115033024
  • $292 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Lot Details

4,844 Sq Ft Lot

Listing Details

  • Current Use: Residential
  • Possible Use: Multi-Family
  • View: Yes
  • Zoning: LAR2
  • Property Type: Land
  • Parcel Number: 5115033024
  • Special Features: Auction
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 93.93

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4844.00
  • Lot Size Acres: 0.1112

Multi Family

  • Lot Size Area: 4844.0000 Square Feet

Tax Info

  • Tax Census Tract: 2282.20
  • Tax Lot: 6
  • TaxOtherAnnualAssessmentAmount: 292.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2025
Sold by
Bought by
Current Estimated Value
$923,149

Purchase Details

Closed on
Jun 26, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2024
Closed on
Sep 26, 2024
Sold by
Bought by
Seller's Agent
Jennifer Shamoo
Innovate Realty, Inc.
Buyer's Agent
Jennifer Aguilar-Shamoo
Innovate Realty, Inc.
List Price
$600,000
Sold Price
$455,000
Premium/Discount to List
-$145,000
-24.17%
Views
242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.48%
Original Mortgage
$1,000,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,213
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Alameda, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
$1,250,000 Lawyers Title
$455,000 Ticor Title Company
$510,500 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $937,500
Previous Owner --
Previous Owner $1,000,000
Previous Owner $544,213
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Sold $455,000 +1.1% $316 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $450,000 -14.3% $313 / Sq Ft
08/20/2024 08/20/24 Price Changed $525,000 -4.5% $365 / Sq Ft
07/26/2024 07/26/24 Price Changed $550,000 -5.2% $382 / Sq Ft
04/26/2024 04/26/24 Price Changed $580,000 -1.7% $403 / Sq Ft
04/12/2024 04/12/24 Price Changed $590,000 -1.7% $410 / Sq Ft
04/04/2024 04/04/24 For Sale $600,000 +17.6% $417 / Sq Ft
07/05/2022 07/05/22 Sold $510,250 +13.4% $354 / Sq Ft View Prior Sale
06/23/2022 06/23/22 For Sale $450,000 0.0% $313 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
01/05/2022 01/05/22 Price Changed $450,000 0.0% $313 / Sq Ft
01/05/2022 01/05/22 For Sale $450,000 -11.8% $313 / Sq Ft
12/02/2021 12/02/21 Off Market $510,250 -- --
10/27/2021 10/27/21 For Sale $375,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,696 $455,000 $373,400 $81,600
2024 $6,536 $520,404 $416,364 $104,040
2023 $6,412 $510,200 $408,200 $102,000
2022 $506 $25,813 $13,601 $12,212
2021 $491 $25,308 $13,335 $11,973
2019 $479 $24,560 $12,941 $11,619
2018 $401 $24,080 $12,688 $11,392
2016 $364 $23,147 $12,197 $10,950
2015 $360 $22,800 $12,014 $10,786
2014 $369 $22,354 $11,779 $10,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24064291

California Regional Multiple Listing Service (CRMLS)

APN: 5115-033-024

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