1501 Encinal Ave Alameda, CA 94501
3,008 Sq. Ft. / 4,792 Sq. Ft., 0.11 acres lot size / Business Opportunities
Status: Pending
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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 Farmers 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
Business Opportunities
Status
Pending
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 +1 510-701-9392
List Office Phone
+1 (510) 910-1800
Subdivision
GOLD COAST
Interior Features
Interior Amenities
Storage
Appliances
Free-Standing Range
Refrigerator
Gas Water Heater
Refrigerator
Gas Water Heater
Flooring
Hardwood
Tile
Vinyl
Carpet
Tile
Vinyl
Carpet
Living Area Units
Sq. Ft.
Exterior Features
Roof
Shingle
Lot/Land Description
Corner Lot
Level
Regular
Back Yard
Front Yard
Garden
Landscape Misc
See Remarks
Level
Regular
Back Yard
Front Yard
Garden
Landscape Misc
See Remarks
Parking
Detached
Garage
Side Yard Access
Garage Faces Side
On Street
See Remarks
Garage
Side Yard Access
Garage Faces Side
On Street
See Remarks
Parking Spaces
3
Utility & Building Info
Sewer
Public Sewer
Parcel Number
7233413
Cooling
None
Water Source
Public
Heating
Other
Building Area Total
3,008 Sq. Ft.
Price Per Sq Ft
$376
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) |
|
04/25/2024
04/25/2024
|
Active |
$1,130,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
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Market Trends
Source: LiveBy
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