1117 Park Avenue

Alameda, CA 94501

$1,900,000
Last Sold Price
5
Beds
3
Baths
2
1/2 Baths
6,120 Sq. Ft.
$310 / Sq. Ft.
6,120
Sq. Ft.
$310
per Sq. Ft.

Description

1117 Park Avenue is a five unit apartment property located in the city of Alameda. The property was constructed in 1960 and is located on a 7,920 SF parcel. The building boasts an impressive unit mix of larger units with four (4) 2BR/1.5BA and one (1) 3BR/2.5BA unit. All units are townhouse apartments. The subject property is conveniently located on Shoreline Dr, one of Alameda's main thoroughfares, which contains various restaurants, stores and retail shops. It is also located within close proximity...1117 Park Avenue is a five unit apartment property located in the city of Alameda. The property was constructed in 1960 and is located on a 7,920 SF parcel. The building boasts an impressive unit mix of larger units with four (4) 2BR/1.5BA and one (1) 3BR/2.5BA unit. All units are townhouse apartments. The subject property is conveniently located on Shoreline Dr, one of Alameda's main thoroughfares, which contains various restaurants, stores and retail shops. It is also located within close proximity to the 1,500-acre Alameda Point Development, one of the largest development projects in the Bay Area expected to create over 9,000 new jobs. The project is slated for 1,425 new homes and over 5.5 million square feet of commercial space. The total cost of the project is expected to exceed 1.5 billion dollars. The investment appeal of this asset is driven by Alameda's strong employment fundamentals and low vacancy levels.

Listing Agents

  1. Brian Leung

    Brian Leung

    Listing Agent

    Compass

    DRE #01203473

  2. Jeremy Lee

    Jeremy Lee

    Alternative Listing Agent

    Compass

    DRE #01951309

    jeremy.lee@compass.com

    P: 650.219.3989

Property Details for 1117 Park Avenue

Cross Street
Otis Drive
Total Parking Spaces
0

Location

Listing Courtesy of Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309

Sold By Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309

Add your commute
LISTING UPDATED: 08/13/2021 10:57 AM

Property Details for 1117 Park Avenue

StatusClosed
MLS #421554704
Days on Compass15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1960
Lot Size0.18 AC / 7,919 SF
CountyAlameda County

Location

Listing Courtesy of Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309

Sold By Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309

Add your commute

Building Information for 1117 Park Avenue

Stories2Residences5Year Built1960Building Size-Lot Size0.18 AC / 7,919 SF

Payment Calculator

$11,115 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$746

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1117 Park Avenue

Summary
Location and General Information
  • Area/District: Alameda Map Area 1
  • Area Short Display: 2901
  • Location Description: Alameda Map Area 1, Alameda Map Area 1
Taxes and HOA Information
  • APN: 070-018102000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Features: Curb(s), Curbs/Gutters
Property and Assessments
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Picture Count: 7
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 2
  • Levels: Five or More
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 17
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 4
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 4
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 15.22
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 5
  • # Of Units Vacant: 1
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 2 Bedroom/1.5 Bath
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 1
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $1,800.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Description: 3 Bedroom/2.5 Bath
  • Unit 2 Full Baths: 2
  • Unit 2 Partial Baths: 1
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $3,200.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 1117 Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1117 Park Avenue

Taxable ValueLand$71,168Additions$130,319Total$201,487
Tax Record2023$8,957 ($746 / month)
Home Facts
Total Finished SqFt6,120 SqFtAbove Grade Finished SqFt6,120 SqFtStories2Lot Size7,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1966CountyALAMEDAAPN70-181-20

Schools near 1117 Park Avenue

This home is within Alameda Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frank Otis Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Alameda High School
Public9 to 12

Island High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.