NOT LISTED FOR SALE

1572 Lincoln Ave Alameda, CA 94501

West Alameda Neighborhood

Estimated Value: $988,862

5 Beds
4 Baths
3,388 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2025

Last sale price $950,000 $280 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,994 / mo

48 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Multiple cooling system units
  • Maya Lin School Rated A-
  • Laundry Room
  • Baseboard Heating

About This Home

As of December 2025

Welcome to 1572 & 1572 1/2 Lincoln Ave. An income-generating fourplex located in Central Alameda. Set on a 6,175 square foot lot, this 3,388 square foot property features a rare standalone, move-in ready, 2-bedroom / 1-bathroom cottage, with partial updates throughout. Offering newer flooring, fresh paint, modern fixtures, and its own dedicated parking, the cottage makes this multi-unit ideal for an owner-occupant or as a premium rental unit. The front building includes three additional, occupied in good-standing, rental units. A spacious 2-bedroom / 1-bathroom apartment, a well-proportioned 1-bedroom / 1-bathroom unit, and a cozy studio. All residents benefit from access to an on-site laundry room, backyard space, and parking. Adding amenities and functionality to the property. Conveniently located near Park Street’s shops, restaurants, and easy access to public transportation, this very walkable, well-maintained fourplex is great for investors looking for solid cash flow or buyers seeking a hybrid opportunity to live and earn in one of Alameda’s most desirable neighborhoods.

Last Agent to Sell the Property

Forrest M.

Compass License #01994778 Listed on: 09/20/2025

Compass

Co-Listed By

Jerry Beverly

Compass License #01957422

Last Buyer's Agent

Geen Lee

Kw Advisors License #02176676

Kw Advisors

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,175

Parking

  • Parking Lot

Home Design

  • Duplex
  • Composition Shingle Roof
  • Wood Siding
  • Shingle Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Wall Furnace
  • Baseboard Heating

Additional Features

  • Laundry Room
  • 6,175 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Alameda Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7233142

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

6,175 Sq Ft Lot

Listing Details

  • Year Built: 1900
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: SPRL02
  • Subdivision Name: Alameda
  • Directions: Right on Park, Right on Lincoln
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Carpet
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: 2 Houses / 1 Lot
  • Construction Type: Wood Siding, Shingle Siding

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Baseboard, Wall Furnace, MultiUnits
  • Cooling: No Air Conditioning, Multi Units
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6175
  • Parcel Number: 7233142

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

Listed on
Sep 20, 2025
Closed on
Dec 2, 2025
Sold by
Leah Markstein 1994 Trust and Markstein Leah
Bought by
Seller's Agent
Forrest M.
Compass
Buyer's Agent
Geen Lee
Kw Advisors
List Price
$1,198,000
Sold Price
$950,000
Premium/Discount to List
-$248,000
-20.7%
Views
58
Current Estimated Value
$988,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,862
Avg. Annual Appreciation
5.27%
Original Mortgage
$760,000
Outstanding Balance
$754,035
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$234,827

Purchase Details

Closed on
Feb 13, 2024
Sold by
Dauber Philip and Markstein Leah
Bought by
Markstein Leah

Purchase Details

Closed on
Aug 1, 2002
Sold by
Markstein Leah
Bought by
Dauber Philip and Markstein Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.6%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Dauber Philip
Bought by
Markstein Leah

Purchase Details

Closed on
Sep 21, 2001
Sold by
Reynolds Jerry P and Reynolds Constance C
Bought by
Markstein Leah

Purchase Details

Closed on
Nov 6, 1998
Sold by
Kumpf Harry H and Goodeill Shirley A
Bought by
Reynolds Jerry P and Reynolds Constance C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Alameda, CA

  • Grant Inaba Real Estate Agent - Epique Realty

    Grant Inaba

    Epique Realty

    (650) 677-1428

    56 Total Sales

    1 in West Alameda

    $1,600,000 Price

    Grant Inaba
     Section Image
  • Jalayne Forrester Real Estate Agent - KW Bay Area Estates

    Jalayne Forrester

    KW Bay Area Estates

    (669) 356-8887

    56 Total Sales

    1 in West Alameda

    $1,050,000 Price

    Jalayne Forrester
     Section Image
  • Sakura Kim Lee Real Estate Agent - Kw Advisors East Bay

    Sakura Kim Lee

    Kw Advisors East Bay

    (415) 707-2778

    21 Total Sales

    6 in West Alameda

    $1M - $1.8M Price Range

    Sakura Kim Lee
     Section Image
  • Sally Han Real Estate Agent

    Sally Han

    (510) 544-0866

    49 Total Sales

    9 in West Alameda

    $805K - $2M Price Range

    Sally Han
     Section Image
  • Janella Anguiano Real Estate Agent - Century 21 Masters

    Janella Anguiano

    Century 21 Masters

    (510) 674-1058

    86 Total Sales

    1 in West Alameda

    $800,000 Price

    Janella Anguiano
     Section Image
  • Heather Stoltz Real Estate Agent - Berkshire Hathaway-Franciscan

    Heather Stoltz

    Berkshire Hathaway-Franciscan

    (510) 616-4565

    39 Total Sales

    2 in West Alameda

    $455K - $1M Price Range

    Heather Stoltz
     Section Image
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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
$950,000 Chicago Title
Markstein Leah -- None Listed On Document
Leah Markstein 1994 Trust -- None Listed On Document
Dauber Philip -- --
Markstein Leah -- North American Title Co
Markstein Leah $695,000 North American Title Co
Reynolds Jerry P $355,000 North American Title Co
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
Open $760,000
Previous Owner Dauber Philip $120,000
Previous Owner Dauber Philip $144,000
Previous Owner Dauber Philip $193,500
Previous Owner Dauber Philip $195,000
Previous Owner Reynolds Jerry P $341,250
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
12/11/2025 12/11/25 Sold $950,000 -4.8% $280 / Sq Ft
11/07/2025 11/07/25 Pending -- -- --
10/11/2025 10/11/25 Price Changed $998,000 -16.7% $295 / Sq Ft
09/20/2025 09/20/25 For Sale $1,198,000 -- $354 / Sq Ft
Source: Bay East Association of REALTORS®

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 $16,927 $950,000 $285,000 $665,000
2025 $16,631 $1,026,653 $307,996 $718,657
2024 $16,631 $1,006,526 $301,958 $704,568
2023 $16,029 $986,795 $296,038 $690,757
2022 $15,678 $967,446 $290,234 $677,212
2021 $15,304 $948,480 $284,544 $663,936
2020 $15,113 $938,757 $281,627 $657,130
2019 $14,065 $920,353 $276,106 $644,247
2018 $13,718 $902,311 $270,693 $631,618
2017 $13,118 $884,623 $265,387 $619,236
2016 $13,117 $867,283 $260,185 $607,098
2015 $13,060 $854,258 $256,277 $597,981
2014 $12,708 $837,530 $251,259 $586,271
Source: Public Records

Agents Affiliated with this Home

  • FM

    Seller's Agent in 2025

    Forrest M.

    Compass

    (510) 737-1821

    1 in this area

    6 Total Sales

    Forrest M.
    Section Image
  • Jerry Beverly Real Estate Agent - Compass

    Seller Co-Listing Agent in 2025

    Jerry Beverly

    Compass

    (925) 628-6990

    1 in this area

    44 Total Sales

    Jerry Beverly
    Section Image

  • GL

    Buyer's Agent in 2025

    Geen Lee

    Kw Advisors

    (415) 290-4798

    1 in this area

    53 Total Sales

    Geen Lee
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 41112263

Bay East Association of REALTORS®

APN: 072-0331-042-00

California Alameda County Alameda 94501 West Alameda

1572 Lincoln Ave, Alameda, CA

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.

Bay East Association of REALTORS® Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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