$2,290,000

512 Central Ave Alameda, CA 94501

West Alameda Neighborhood

Estimated payment $14,590/month

Total Views 6,357
6 Beds
6 Baths
3,250 Sq Ft
$705 Price per Sq Ft

Highlights

  • Bay View
  • No HOA
  • Cooling Available
  • William G. Paden Elementary School Rated A-
  • Fireplace
  • Tile Flooring

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

Minghao Zhou

Bay Home Investments And Loans License #01408951 Listed on: 04/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,015

Year Built

  • Built in 1956

Property Views

  • Bay
  • City Lights

Home Design

  • Quadruplex
  • Composition Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Fireplace
  • 4,154 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 74130513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,015

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: Webster -> Central
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Premium Lot, Bay/Harbor
  • View: Bay, City Lights
  • Construction Type: Stucco

Utilities

  • Heating: Natural Gas, Fireplace(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4154
  • Parcel Number: 74130513

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $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
Source: Public Records

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
Source: bridgeMLS

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 -- --
Source: Public Records

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
Source: Public Records

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Source: bridgeMLS

MLS Number: 41092687

bridgeMLS

APN: 074-1305-013-00

California Alameda County Alameda 94501 West Alameda

512 Central Ave, Alameda, CA

This home is located at 512 Central Ave, Alameda, CA 94501 and is currently priced at $2,290,000, approximately $704 per square foot. This property was built in 1956. 512 Central Ave is a home located in Alameda County with nearby schools including William G. Paden Elementary School, Encinal Junior/Senior High, and The Academy of Alameda TK-8 School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS 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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Minghao Zhou
Listing Agent
Minghao Zhou
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Bay Home Investments And Loans
(341) 217-6846