$1,298,000
$100K PRICE DROP

Estimated payment $8,554/month

Total Views 4,398
5 Beds
4 Baths
3,388 Sq Ft
$383 Price per Sq Ft

Highlights

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

About This Home

Welcome to 1572 and 1572 1/2 Lincoln Ave, a unique and income-producing fourplex located in the heart of Alameda. Set on a 6,175 square foot lot, this 3,388 square foot property features a rare standalone 2-bedroom, 1-bathroom cottage that has been partially updated with new flooring, fresh paint, and modern light fixtures. With its own dedicated parking, the cottage offers the perfect blend of privacy and convenience—ideal for an owner-occupant or as a premium rental unit. The main building includes three additional 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, adding an extra layer of functionality to the property. Located near Park Street’s shops, restaurants, and easy access to public transportation, this well-maintained fourplex is perfect 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.

Listing Agent

Jerry Beverly

Compass License #01957422 Listed on: 04/25/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,631

Year Built

  • Built in 1900

Lot Details

  • 6,175 Sq Ft Lot

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

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,631

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: Right on Park, Right on Lincoln
  • Garage Yn: No
  • Special Features: OpenHouse

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

Map

Range of Values:

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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 $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

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $1,298,000 -3.7% $383 / Sq Ft
07/10/2025 07/10/25 Price Changed $1,348,000 -3.6% $398 / Sq Ft
06/16/2025 06/16/25 Off Market $1,398,000 -- --
05/24/2025 05/24/25 For Sale $1,398,000 0.0% $413 / Sq Ft
04/25/2025 04/25/25 For Sale $1,398,000 -- $413 / Sq Ft
Source: Bay East Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Individual Deed $695,000 North American Title Co
Individual Deed $355,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $193,500 Unknown
Previous Owner $195,000 No Value Available
Previous Owner $341,250 Unknown
Previous Owner $284,000 No Value Available
Closed $35,500 No Value Available
Source: Public Records

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Source: Bay East Association of REALTORS®

MLS Number: 41094932

Bay East Association of REALTORS®

APN: 072-0331-042-00