1501 Encinal Ave Alameda, CA 94501
3,008 Sq. Ft. / 4,792 Sq. Ft., 0.11 acres lot size / Multi-Family
Status: Sold
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1501 Encinal Avenue in Alameda is a rare opportunity for investors looking for a charming 6-unit building in a prime location. The property is centrally located on the edge of the desirable Gold Coast neighborhood close to Franklin Park, recreation, retail, easy transportation options to San Francisco, the Alameda Farmer s Market, the famed Alameda Beach, Alameda Point attractions, and more. The building is situated in historic Morton Station amid iconic Victorians and tree-lined streets and offers 6 studio apartments providing a delightful living experience for tenants. The property also offers a 3 garage spaces and 5 storage units for additional income opportunity. In the rear of the property there is a delightful yard for barbeques, container gardening, and relaxation. There is also an opportunity to create a laundry room in a storage unit adjacent to the garage with existing hook ups. Additionally, the building offers 1 unit delivered vacant. Tenants are responsible for electricity and gas while the owner is responsible for water, sewer, and garbage. The property offers strong yearly income of approximately $106,908 (when 100% occupied and two planned rent increases are in place).
property details
Type
Multi-Family
Status
Closed
County
Alameda
Year Built
1926
Sq. Ft.
3,008
Lot Size
4,792 Sq. Ft., 0.1 acres
Listing Id
41057405
Courtesy Of
Johanna Hall - BHHS Drysdale Properties eastbayjohanna@gmail.com
List Office Phone
+1 (510) 910-1800
Subdivision
GOLD COAST
Interior Features
Living Area Units
Sq. Ft.
Flooring
Hardwood
Tile
Vinyl
Carpet
Tile
Vinyl
Carpet
Appliances
Range
Free-Standing Range
Refrigerator
Free-Standing Range
Refrigerator
Exterior Features
Parking
Detached
Garage
Garage Faces Side
On Street
See Remarks
Garage
Garage Faces Side
On Street
See Remarks
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
3,008 Sq. Ft.
Architectural Style
Other
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
04/28/2024
04/28/2024
|
Pending |
$1,130,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
04/28/2024
04/28/2024
|
Sold |
$1,145,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
04/25/2024
04/25/2024
|
Active |
$1,130,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
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Market Trends
Source: Constellation1
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