NOT LISTED FOR SALE

1575 Pacific Ave Alameda, CA 94501

West Alameda Neighborhood

Estimated Value: $1,657,000 - $1,986,000

8 Beds
6 Baths
4,062 Sq Ft
$440/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $1,600,000 $394 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,667/month

Highlights

  • 8,100 Sq Ft lot
  • No HOA
  • Forced Air Heating System
  • Maya Lin School Rated A-
  • Cooling Available
  • 3-minute walk to Unnamed Park

About This Home

As of February 2020

Rare 3 buildings 1 lot (4-Plex) located in Central Alameda. This unique 4 plex has great potential, not only for an investor but for the seasoned contractor as well. The 4-plex consists of three buildings which include a fully renovated duplex in front, and two vacant buildings in back that need some TLC. The duplex was completely renovated about year-and-a-half ago and includes stainless steel appliances, granite counters and more. For the Contractor: The middle unit is currently a 1 bed /1 bath (800 sf) and the sellers have the approved plans to make it a 3 bed /2 bath (increasing it to 1080 sf). The back unit is currently 2 bed /1 bath (950 sf), and sellers have the approved plans to make it a 3 bed /2.5 bath (increasing it to 1588 sf). Both buildings in back are vacant and have not been occupied for years. All units are separately metered (water, gas, and electrical) and the Sewer-lateral has been replaced. Plans are approved and permits are ready to issue!

Last Agent to Sell the Property

Erik Schuler

Compass License #01509384 Listed on: 02/10/2020

Compass

Co-Listed By

Nichole San Mateo

Golden Gate Sotheby's Int'l Re License #02037951

Last Buyer's Agent

Heng Chieng

License #01194638

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 8,100

Parking

  • Garage

Home Design

  • Quadruplex
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Laminate Flooring
  • 8,100 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7232913

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

8,100 Sq Ft Lot

Listing Details

  • Year Built: 1916
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: SPRL02
  • Directions: Grand to Pacific
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Unfinished, Other
  • Appliances: Dryer, Washer
  • Total Bedrooms: 8

Exterior Features

  • Construction Type: Stucco

Utilities

  • Heating: Forced Air
  • Laundry Features: Laundry Equip - Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8100
  • Parcel Number: 7232913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Yan David and Yan Michael Ka
Bought by
Marlborough Llc
Current Estimated Value
$1,786,695

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jan 28, 2020
Sold by
Justin Legacy Llc
Bought by
Yan Vandavid and Yan Michael Ka
Seller's Agent
Erik Schuler
Compass
Buyer's Agent
Heng Chieng
List Price
$1,395,000
Sold Price
$1,600,000
Premium/Discount to List
$205,000
14.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Nov 13, 2018
Sold by
Waterview Isle Partners Ii L P
Bought by
Justin Legacy Llc

Purchase Details

Closed on
Jan 31, 2011
Sold by
Reed William E
Bought by
Justin Reed Denise L

Purchase Details

Closed on
Dec 30, 2010
Sold by
Justin Geraldine and Waterview Isle Partners Ii Lp
Bought by
Justin Geraldine

Purchase Details

Closed on
Oct 23, 2006
Sold by
Miller Norman Clyde
Bought by
Kangas Margi L

Purchase Details

Closed on
Jan 2, 2002
Sold by
Sur Justin Geraldine and Sur Geraldine Justin Revocable
Bought by
The Waterview Isle Partners Ii Lp

Purchase Details

Closed on
Jan 1, 2002
Sold by
Survivors Justin Geraldine and Survivors Geraldine Justin
Bought by
Justin Jeanette and Kangas Margi L

Purchase Details

Closed on
Dec 31, 2001
Sold by
The Waterview Isle Partners Lp
Bought by
Sur Justin Geraldine and Sur Geraldine Justin Revocable

Purchase Details

Closed on
Dec 26, 1994
Sold by
Geraldine Justin Eugene V and Geraldine Justin
Bought by
The Waterview Isle Partners Lp
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marlborough Llc -- None Listed On Document
Yan Vandavid $1,600,000 Fidelity National Title Co
Yan Jackie Ka Kei -- Fidelity National Title Co
Yan David -- Fidelity National Title Co
Justin Legacy Llc $1,222,000 First American Title
Justin Reed Denise L -- None Available
Kangas Margi L -- None Available
Justin Jeanette -- None Available
Justin Geraldine -- None Available
Justin Jeanette -- None Available
Kangas Margi L -- None Available
The Waterview Isle Partners Ii Lp -- --
Justin Jeanette -- --
Sur Justin Geraldine -- --
The Waterview Isle Partners Lp -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $1,600,000 -- --
02/04/2025 02/04/25 Off Market $1,600,000 -- --
02/11/2020 02/11/20 Sold $1,600,000 +14.7% $394 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $1,395,000 -- $343 / Sq Ft
Source: Bay East Association of REALTORS®

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
2025 $28,452 $1,932,864 $734,919 $1,197,945
2024 $28,452 $1,894,972 $720,511 $1,174,461
2023 $27,379 $1,857,821 $706,386 $1,151,435
2022 $26,774 $1,821,395 $692,536 $1,128,859
2021 $23,473 $1,616,575 $678,961 $937,614
2020 $19,082 $1,246,440 $623,220 $623,220
2019 $17,839 $1,222,000 $611,000 $611,000
2018 $4,645 $108,603 $60,335 $48,268
2017 $4,536 $106,473 $59,152 $47,321
2016 $4,488 $104,385 $57,992 $46,393
2015 $4,447 $102,818 $57,121 $45,697
2014 $4,567 $100,804 $56,002 $44,802
Source: Public Records

Agents Affiliated with this Home

  • Erik Schuler

    Seller's Agent in 2020

    Erik Schuler

    Compass

    (510) 919-9485

    12 in this area

    43 Total Sales

    Erik Schuler
    Section Image
  • Nichole San Mateo

    Seller Co-Listing Agent in 2020

    Nichole San Mateo

    Golden Gate Sotheby's Int'l Re

    (510) 205-3643

    3 in this area

    12 Total Sales

    Nichole San Mateo
    Section Image

  • H

    Buyer's Agent in 2020

    Heng Chieng

    (510) 489-8989

    14 Total Sales

    Heng Chieng
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40894933

Bay East Association of REALTORS®

APN: 072-0329-013-00

California Alameda County Alameda 94501 West Alameda

1575 Pacific Ave, Alameda, CA

Not Listed for Sale

MultiFamily

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