NOT LISTED FOR SALE

Estimated Value: $1,880,000 - $2,741,472

5 Beds
1 Bath
4,383 Sq Ft
$555/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $2,500,000 $570 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $16,163/month

20 Days on Market

Highlights

  • Views of San Francisco
  • Wood Flooring
  • Cooling Available
  • Malcolm X Elementary School Rated A
  • No HOA
  • 4-minute walk to Greg Brown Park

About This Home

As of September 2020

Check out our 3D virtual tour! Located in the heart of one of the East Bay’s up-and-coming neighborhoods is 1885 Alcatraz, a three-unit (two residential, one commercial) Victorian that’s a rare combination of size, beauty, and value. The lone commercial unit is on the ground floor, while two residential units are located on the second and third floors. For investors not interested in owning a commercial unit, please note that it can possibly be converted to a residential space due to the building’s location within the South Area Commercial District (C-SA). All units will be delivered vacant. Given the building’s proximal location 5 minutes to downtown Berkeley, it’s unlikely the units will remain vacant for long. This means the new owners will not only be able to resume occupancy quickly, but they’ll be able to handpick their tenants at the established market rents. The property is also in a great Berkeley School District, offering great schools nearby.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 06/11/2020

Keller Williams Realty

Last Buyer's Agent

Maya Hiersoux

Real Brokerage Technologies License #01450016

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,091

Year Built

  • Built in 1900

Lot Details

  • 4,800

Property Views

  • Bay
  • San Francisco

Home Design

  • Triplex
  • Composition Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Dishwasher
  • 4,800 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5215288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,091

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Directions: North on Adeline, make a right on Alcatraz Ave.
  • Garage Yn: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood Flrs Throughout, Tile
  • Appliances: Dishwasher, Dryer, Washer
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: None
  • View: Bay, San Francisco
  • Construction Type: Wood Siding

Utilities

  • Heating: Forced Air
  • Laundry Features: Dryer, In Unit, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4800
  • Parcel Number: 5215288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2025
Sold by
John And Celina Phelps Revocable Trust and Phelps John B
Bought by
1885 Alcatraz Avenue Llc
Current Estimated Value
$2,434,118

Purchase Details

Closed on
Jul 8, 2021
Sold by
Phelps John and Phelps Celina
Bought by
Phelps John B and Phelps Celina T

Purchase Details

Listed on
Jun 11, 2020
Closed on
Aug 26, 2020
Sold by
Schmidt Reed V and Reed V Schmidt Living Trust
Bought by
Phelps John and Phelps Celina
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Maya Hiersoux
Real Brokerage Technologies
List Price
$1,800,000
Sold Price
$2,500,000
Premium/Discount to List
$700,000
38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.28%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Schmidt Reed V and The Reed V Schmidt Living Trus
Bought by
Schmidt Reed V and The Reed V Schmidt Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2014
Sold by
Schmidt Reed V
Bought by
Schmidt Reed V and Reed Schmidt Living Trust

Purchase Details

Closed on
Jul 28, 2008
Sold by
Dove Douglas R and Dove & Thomas Revocable Trust
Bought by
Dove Douglas R and Thomas Suma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2004
Sold by
Dove Douglas R
Bought by
Dove Douglas R and Dove & Thomas Revocable Trust

Purchase Details

Closed on
Dec 11, 2000
Sold by
Witt M S and Witt Dorothy H
Bought by
Schmidt Reed V and Dove Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.67%

Purchase Details

Closed on
Nov 21, 2000
Sold by
Thomas Suma A
Bought by
Dove Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

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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
1885 Alcatraz Avenue Llc -- None Listed On Document
Phelps John B -- None Available
Phelps John $2,500,000 Old Republic Title Company
Schmidt Reed V -- Chicago Title Company
Schmidt Reed V -- None Available
Dove Douglas R -- Stwart Title Of California
Dove Douglas R -- None Available
Schmidt Reed V $800,000 Chicago Title Co
Dove Douglas R -- Chicago Title Co
Gaffney Thomas E -- Chicago Title Co
Schmidt Reed V -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Reed V $505,000
Previous Owner Dove Douglas R $600,000
Previous Owner Schmidt Reed V $600,000
Closed Schmidt Reed V $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Off Market $2,500,000 -- --
02/04/2025 02/04/25 Off Market $2,500,000 -- --
09/03/2020 09/03/20 Sold $2,500,000 +38.9% $570 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,800,000 -- $411 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

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
2025 $39,091 $2,706,050 $811,815 $1,894,235
2024 $39,091 $2,653,000 $795,900 $1,857,100
2023 $39,067 $2,601,000 $780,300 $1,820,700
2022 $37,685 $2,550,000 $765,000 $1,785,000
2021 $37,820 $2,500,000 $750,000 $1,750,000
2020 $19,163 $1,102,183 $206,659 $895,524
2019 $18,182 $1,080,576 $202,608 $877,968
2018 $17,838 $1,059,392 $198,636 $860,756
2017 $17,228 $1,038,624 $194,742 $843,882
2016 $16,530 $1,018,263 $190,924 $827,339
2015 $16,287 $1,002,976 $188,058 $814,918
2014 $16,144 $983,335 $184,375 $798,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40908171

bridgeMLS

APN: 052-1528-008-00