NOT LISTED FOR SALE

217 Pacific Ave Alameda, CA 94501

West Alameda Neighborhood

Estimated Value: $1,063,000 - $1,249,000

4 Beds
3 Baths
2,123 Sq Ft
$551/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,100,000 $518 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,642/month

151 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Encinal Junior/Senior High Rated A
  • Cooling Available
  • 4-minute walk to Woodstock Park

About This Home

As of February 2021

217 Pacific is a COMPLETELY VACANT Triplex in Alameda's West End, built in 1890. This is a rare opportunity to own a completely vacant triplex. No more honoring below market rents from previous tenants. This is your chance to start over fresh. The property has one 2-bedroom/1 bath unit (unit A) which comes fully furnished, and has been used as a successful short-term rental, or could be used as an owners unit. The other two units are 1-bedroom/1 bath (units B & C). Tenants have use of the back patio which has on-site coin laundry and parking. In addition, the rear patio has space for an ADU. Alameda rents have steadily increased over the years. With the West End soon-to-be developed Alameda Point, along with San Francisco Ferry service, this makes the building a desirable location. Rare opportunity to have one turnkey, fully furnished unit, and two, vacant units. 217 Pacific Avenue offers a great opportunity for an owner occupied or investor. Offer Date Friday 1/29 12p

Last Agent to Sell the Property

Joseph Garbayo

License #02006853 Listed on: 09/17/2020

Last Buyer's Agent

Paul Beaudreau

KW Peninsula Estates License #01910286

KW Peninsula Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,256

Year Built

  • Built in 1890

Lot Details

  • 4,208 Sq Ft Lot
  • Rectangular Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Wood Siding
  • Composition Shingle

Interior Spaces

  • Self Contained Fireplace Unit Or Insert
  • Unfinished Basement

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 744733

Community Details

Overview

  • No Home Owners Association
  • 2,123 Sq Ft Building
  • Bay East Association
  • Woodstock Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,256

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.01
  • Subdivision Name: WOODSTOCK
  • Directions: Webster to Pacific or Lincoln
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Partial Carpeting
  • Basement: Unfinished
  • Appliances: Dryer, Washer
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Lot Features: Regular
  • Construction Type: Composition Shingles, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Space Per Unit - 1

Utilities

  • Heating: Forced Air, Natural Gas, Fireplace Insert
  • Utilities: Cable TV, Wired For, Natural Gas Available, Natural Gas Connected
  • Cooling: Ceiling Fan(s), See Remarks
  • Laundry Features: Coin Operated, Laundry Equip - Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Alameda (510) 748-4000

Lot Info

  • Lot Size Sq Ft: 4208
  • Parcel Number: 744733
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Feb 19, 2021
Sold by
Garbayo Joseph L
Bought by
Strong Jacob M
Seller's Agent
Joseph Garbayo
Buyer's Agent
Paul Beaudreau
KW Peninsula Estates
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Current Estimated Value
$1,170,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,123
Avg. Annual Appreciation
2.52%
Original Mortgage
$880,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2012
Sold by
Garbayo Joseph L and Garbayo Nicole R
Bought by
Garbayo Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2000
Sold by
Wibben Bruce
Bought by
Garbayo Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
8.43%
Source: Public Records

Range of Values:

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Average Value
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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
Strong Jacob M $1,100,000 Old Republic Title Company
Garbayo Joseph L -- Lsi
Garbayo Joseph L $392,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strong Jacob M $880,000
Previous Owner Garbayo Joseph L $350,000
Previous Owner Garbayo Joseph L $352,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,100,000 -- --
02/26/2021 02/26/21 Sold $1,100,000 +10.6% $518 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
12/01/2020 12/01/20 Price Changed $995,000 0.0% $469 / Sq Ft
12/01/2020 12/01/20 For Sale $995,000 -9.5% $469 / Sq Ft
11/20/2020 11/20/20 Off Market $1,100,000 -- --
11/05/2020 11/05/20 Price Changed $1,195,500 -7.7% $563 / Sq Ft
10/07/2020 10/07/20 Price Changed $1,295,000 -2.3% $610 / Sq Ft
09/17/2020 09/17/20 For Sale $1,325,000 -- $624 / Sq Ft
Source: Bay East Association of REALTORS®

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 $17,256 $1,183,661 $416,731 $773,930
2024 $17,256 $1,160,320 $408,562 $758,758
2023 $16,590 $1,144,440 $400,554 $743,886
2022 $16,210 $1,115,000 $392,700 $729,300
2021 $9,438 $545,663 $163,699 $381,964
2020 $9,320 $540,070 $162,021 $378,049
2019 $8,631 $529,481 $158,844 $370,637
2018 $8,424 $519,101 $155,730 $363,371
2017 $8,290 $508,925 $152,677 $356,248
2016 $7,979 $498,948 $149,684 $349,264
2015 $7,939 $491,457 $147,437 $344,020
2014 $7,787 $481,834 $144,550 $337,284
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph Garbayo

    Section Image
  • Paul Beaudreau

    Buyer's Agent in 2021

    Paul Beaudreau

    KW Peninsula Estates

    (650) 302-6329

    1 in this area

    27 Total Sales

    Paul Beaudreau
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40920661

Bay East Association of REALTORS®

APN: 074-0473-003-00

California Alameda County Alameda 94501 West Alameda

217 Pacific Ave, Alameda, CA

This home is located at 217 Pacific Ave, Alameda, CA 94501 since 17 September 2020 and is currently estimated at $1,170,123, approximately $551 per square foot. This property was built in 1890. 217 Pacific Ave is a home located in Alameda County with nearby schools including Ruby Bridges Elementary School, Encinal Junior/Senior High, and The Academy of Alameda TK-8 School.

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Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. 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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