About this home

This turnkey 4-unit property offers 3,247 square feet of living space, in a well-established community in the heart of Alameda on charming tree-lined Central Ave. Residents enjoy easy access to a variety of retail and restaurants. Walk to Franklin Park. Ideally located near highway 880, bus lines, and ferry for easy commute. Steady rental demand and stability for investors and future appreciation potential. Back of the building features a shared garden area and one assigned parking space for each unit. The property is part of the highly desirable Alameda Unified School District. Bike Score 84 and Walk Score 81. This presents a rare opportunity to own a multi-unit property in one of the most desireable neighborhoods in the Easty Bay.

Facts and features

Schools

• Franklin Elementary School

  elementary · K-5 · 0.2 mi

  8

• Will C. Wood Middle School

  middle · 6-8 · 0.7 mi

  6

• Encinal Jr. Sr. High School

  middle · 6-12 · 1.5 mi

  7

• Children's Learning Center

  elementary · 1-12 · 0.5 mi

• St Joseph Notre Dame High School

  high · 9-12 · 0.5 mi

• St. Joseph Elementary School

  elementary · 0.5 mi

Price history

• Oct 21, 2026 · Price Changed$1,550,000
• Sep 30, 2026 · Price Changed$1,575,000
• Jul 29, 2026 · Price Changed$1,599,000
• Jul 10, 2026 · Price Changed$1,699,000
• May 20, 2026 · Listed$1,799,000
• Apr 20, 2011 · Sold$400,000
• Feb 25, 1983 · Sold$49,500

Tax history

• 2025$19,153 tax · $1,269,668 assessed
• 2024$18,782 tax · $1,244,782 assessed
• 2023$18,066 tax · $1,196,460 assessed
• 2022$9,533 tax · $482,892 assessed
• 2021$9,330 tax · $473,424 assessed
• 2020$9,220 tax · $468,572 assessed
• 2019$8,226 tax · $459,388 assessed
• 2018$8,037 tax · $450,384 assessed

Where it is