$960,000
SOLD APR 28, 2025
-- Bed
-- Bath
2,802 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$343 Per Sq Ft

4% Below List Price

24 Days on Market

About This Home

As of April 2025

Located in the heart of desirable downtown Alameda, 2128 Encinal Ave is a charming late 19th-century Victorian-style fourplex with endless renovation potential! This FULLY VACANT gem features four one-bedroom, one-bath units. While it needs a full remodel, it's a fantastic opportunity to create a high-return rental property! Set on a spacious 7,000 sq. ft. lot, there is potential to add an ADU or another unit. Sold as-is, this is your chance to turn a historic beauty into a modern masterpiece!

Last Agent to Sell the Property

Axis Team

Aspire Homes License #70010248 Listed on: 02/28/2025

Co-Listed By

Aki Lui

Aspire Homes License #02239250

Last Buyer's Agent

Le Nguyen Nguyen

Real Estate Avenue License #02181751

Real Estate Avenue

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,913

Year Built

  • 1894

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,802 Sq Ft Home
  • 1-Story Property

Parking

  • 44 Parking Spaces
  • Off-Street Parking

Additional Features

  • 7,000 Sq Ft Lot
  • No Heating

Community Details

  • 2,802 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,913

Year Built

1894

Lot Details

0

Listing Details

  • Zoning: R-4
  • Subclass: Fourplex
  • Age: 131
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2802
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1894

Interior Features

  • Living Sq Ft: 2802
  • Stories: 1

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Spaces: 44
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Alameda City Unified

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Public Utilities
  • Number Of Buildings: 4
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 23, 2025
Sold by
Visionary Development Llc
Bought by
Feng Lifeng and Kieu Anh
Seller's Agent
Axis Team
Aspire Homes
Buyer's Agent
Le Nguyen Nguyen
Real Estate Avenue
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.98%
Original Mortgage
$760,000
Outstanding Balance
$760,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$154,058

Purchase Details

Listed on
Feb 11, 2025
Closed on
Feb 6, 2025
Sold by
Arruda Antonio S
Bought by
Visionary Development Llc
Seller's Agent
Joseph LoParo
Kw Advisors East Bay
Buyer's Agent
Joseph LoParo
Kw Advisors East Bay
List Price
$800,000
Sold Price
$705,000
Premium/Discount to List
-$95,000
-11.88%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
335.00%
Original Mortgage
$684,500
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 2024
Sold by
Asa Real Estate Inc
Bought by
Arruda Antonio S

Purchase Details

Closed on
Jan 11, 2000
Sold by
Arruda Antonio S
Bought by
Asa Real Estate Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $950,000 Wfg National Title Insurance C
Grant Deed $705,000 Wfg National Title Insurance C
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 New Conventional
Previous Owner $684,500 Construction
Previous Owner $10,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $960,000 +6.8% $343 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $899,000 -10.0% $321 / Sq Ft
02/28/2025 02/28/25 For Sale $999,000 +41.7% $357 / Sq Ft
02/12/2025 02/12/25 Sold $705,000 -11.9% $252 / Sq Ft
02/11/2025 02/11/25 For Sale $800,000 -- $286 / Sq Ft
Source: MLSListings

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
2024 $9,913 $478,327 $143,498 $334,829
2023 $9,591 $468,948 $140,684 $328,264
2022 $9,389 $459,754 $137,926 $321,828
2021 $9,182 $450,740 $135,222 $315,518
2020 $9,066 $446,120 $133,836 $312,284
2019 $8,180 $437,374 $131,212 $306,162
2018 $7,990 $428,798 $128,639 $300,159
2017 $7,683 $420,393 $126,118 $294,275
2016 $7,654 $412,151 $123,645 $288,506
2015 $7,606 $405,960 $121,788 $284,172
2014 $7,536 $398,010 $119,403 $278,607
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81995596

MLSListings

APN: 071-0238-034-00