1405 Central Ave Alameda, CA 94501
West Alameda NeighborhoodEstimated payment $11,257/month
Highlights
- Heating System Uses Gas
- Franklin Elementary Rated A
- 4-minute walk to Franklin Park
About This Home
This turnkey 4-unit property offers 3,247 square feet of living space, in a well-established community in the heart of Alameda on charming tree-lined Central Ave. Residents enjoy easy access to a variety of retail and restaurants. Walk to Franklin Park. Ideally located near highway 880, bus lines, and ferry for easy commute. Steady rental demand and stability for investors and future appreciation potential. Back of the building features a shared garden area and one assigned parking space for each unit. The property is part of the highly desirable Alameda Unified School District. Bike Score 84 and Walk Score 81. This presents a rare opportunity to own a multi-unit property in one of the most desireable neighborhoods in the Easty Bay.
Property Details
Home Type
- Multi-Family
Year Built
- 1905
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,247 Sq Ft Home
- 2-Story Property
Parking
- 4 Parking Spaces
- Covered Parking
- Assigned Parking
Utilities
- Heating System Uses Gas
Listing and Financial Details
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,200
- Insurance Expense $1,285
- Maintenance Expense $1,000
- Utility Expense $3,000
- Trash Expense $1,786
- Operating Expense $28,271
- Gross Income $101,508
Map
Home Values in the Area
Average Home Value in this Area
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 | $19,154 | $1,244,782 | $373,434 | $871,348 |
| 2024 | $18,782 | $1,220,380 | $366,114 | $854,266 |
| 2023 | $18,066 | $1,196,460 | $358,938 | $837,522 |
| 2022 | $9,533 | $1,173,000 | $351,900 | $821,100 |
| 2021 | $9,330 | $473,424 | $236,712 | $236,712 |
| 2020 | $9,221 | $468,572 | $234,286 | $234,286 |
| 2019 | $8,226 | $459,388 | $229,694 | $229,694 |
| 2018 | $8,038 | $450,384 | $225,192 | $225,192 |
| 2017 | $7,726 | $441,556 | $220,778 | $220,778 |
| 2016 | $7,707 | $432,900 | $216,450 | $216,450 |
| 2015 | $7,667 | $426,400 | $213,200 | $213,200 |
| 2014 | $7,503 | $418,048 | $209,024 | $209,024 |
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 |
|---|---|---|---|---|
| 05/20/2026 05/20/26 | For Sale | $1,799,000 | -- | $554 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $400,000 | Fidelity National Title Co |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $500,000 | Credit Line Revolving | |
| Closed | $500,000 | Credit Line Revolving | |
| Closed | $400,000 | Credit Line Revolving |
Source: MLSListings
MLS Number: ML82047983
APN: 072-0344-019-00
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