1405 Central Ave Alameda, CA 94501
West Alameda NeighborhoodEstimated payment $10,368/month
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 |
|---|---|---|---|---|
| 2026 | $19,154 | $1,269,668 | $380,900 | $888,768 |
| 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 |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | Price Changed | $1,599,000 | -5.9% | $492 / Sq Ft |
| 07/10/2026 07/10/26 | Price Changed | $1,699,000 | -5.6% | $523 / 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 |
|---|---|---|---|
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Credit Line Revolving |
Source: MLSListings
MLS Number: ML82047983
APN: 072-0344-019-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
- 1203 Benton St
- 1500 Alameda Ave Unit D
- 1401 Cottage St Unit D
- 1112 San Antonio Ave
- 1612 San Antonio Ave
- 1523 Lincoln Ave
- 1217 Lincoln Ave
- 1701 Central Ave Unit P
- 1504 Verdi St
- 1718 Alameda Ave
- 1523 Verdi St
- 1000 Central Ave
- 1235 Hawthorne St
- 1110 Buena Vista Ave
- 1815 Balsa St
- 917 Central Ave
- 1836 Ohlone St
- 1833 Clinton Ave
- 1837 Clinton Ave
- 1726 Eagle Ave
- 1427 Sherman St Unit 1427 Sherman St A
- 1539 Central Ave Unit Central Ave Apartmen
- 1509 Morton St Unit E
- 1506 Lincoln Ave Unit C
- 1506 Lincoln Ave Unit D
- 1044 1/2 Central Ave Unit 1044 1/2 Central Ave
- 1710 Benton St Unit D
- 1518 Clement Ave
- 1816 Bay St Unit B
- 1733 Lincoln Ave
- 738 Palmera Ct
- 1825 Clinton Ave Unit C
- 1312 Chestnut St Unit A
- 1927-1929 Grand St Unit 1929 Grand Ave (LO)
- 809 Haight Ave
- 1777 Clement Ave
- 2023 Lincoln Ave
- 955 Shorepoint Ct
- 955 Shorepoint Ct
- 934 Shorepoint Ct
Ask me questions while you tour the home.