
512 Central Ave Alameda, CA 94501
West Alameda NeighborhoodEstimated payment $14,602/month
About This Home
Rare Waterfront Income Property! This exceptional multi-unit building offers 4 spacious units (two 2BD/2BA, two 1BD/1BA) plus a legal 690 SqFt bay-facing ADU rented for $1283/mo. Two 2BD units have balconies with stunning water views. All units feature updated interiors. Prime location, near Webster St shops, restaurants, freeway access, and top-rated schools. A prime investment opportunity in a highly desirable Alameda neighborhood.
Listing Agent
Ming Zhou
Bay Home Investments and Loans License #01408951 Listed on: 04/09/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$23,015
Year Built
1956
Lot Details
0
Listing Details
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Co List Office Mls Id: OBBHIL
- Directions: Webster -> Central
- Special Features: None
- Year Built: 1956
Interior Features
- Total Bedrooms: 6
Exterior Features
- Construction Type: Stucco
Garage/Parking
- Parking Features: Off Street
Utilities
- Cooling: Other
- Heating Yn: Yes
Condo/Co-op/Association
- Association Name: Bridge AOR
Lot Info
- Lot Size Sq Ft: 4154
Home Values in the Area
Average Home Value in this Area
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 | $23,015 | $1,585,762 | $713,593 | $872,169 |
2023 | $22,114 | $1,554,674 | $699,603 | $855,071 |
2022 | $21,605 | $1,524,196 | $685,888 | $838,308 |
2021 | $21,053 | $1,494,311 | $672,440 | $821,871 |
2020 | $20,782 | $1,479,000 | $665,550 | $813,450 |
2019 | $19,985 | $1,450,000 | $652,500 | $797,500 |
2018 | $19,804 | $1,450,000 | $652,500 | $797,500 |
2017 | $18,623 | $1,400,000 | $560,000 | $840,000 |
2016 | $18,396 | $1,350,000 | $500,000 | $850,000 |
2015 | $16,806 | $1,200,000 | $360,000 | $840,000 |
2014 | $13,719 | $950,000 | $285,000 | $665,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/16/2025 06/16/25 | Off Market | $2,290,000 | -- | -- |
05/20/2025 05/20/25 | For Sale | $2,290,000 | 0.0% | $705 / Sq Ft |
05/13/2025 05/13/25 | For Sale | $2,290,000 | -- | $705 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,330,000 | Old Republic Title Company | |
Quit Claim Deed | -- | Old Republic Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $1,360,000 | Fidelity National Title Co | |
Interfamily Deed Transfer | -- | Ticor Title | |
Interfamily Deed Transfer | -- | First American Title Guarant | |
Grant Deed | $630,000 | First American Title Guarant | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $798,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $880,000 | Purchase Money Mortgage | |
Previous Owner | $981,750 | New Conventional | |
Previous Owner | $60,000 | Unknown | |
Previous Owner | $120,000 | Unknown | |
Previous Owner | $100,000 | Unknown | |
Previous Owner | $50,000 | Unknown | |
Previous Owner | $441,000 | No Value Available |
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Source: bridgeMLS
MLS Number: 41092687

APN: 074-1305-013-00
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