1423 Central Avenue

Alameda, CA 94501

$1,900,000
Last Sold Price
Beds
6,907 Sq. Ft.
$275 / Sq. Ft.
6,907
Sq. Ft.
$275
per Sq. Ft.

Description

Beautiful and gracious Victorian apartment. The building is in good shape with many building updates already done. . The building is well managed, with many recent repairs and upgrades. New gas line upgrade in 2018. Electrical upgrades in 1990. Exterior painted in 2016. Roof replaced in 2010. Concrete foundation upgrades done in 1986. Fantastic location next to the famed Gold Coast neighborhood. Friendly and safe neighborhood and charming building, the tenants are sure to appreciate. Wonderful leafy...Beautiful and gracious Victorian apartment. The building is in good shape with many building updates already done. . The building is well managed, with many recent repairs and upgrades. New gas line upgrade in 2018. Electrical upgrades in 1990. Exterior painted in 2016. Roof replaced in 2010. Concrete foundation upgrades done in 1986. Fantastic location next to the famed Gold Coast neighborhood. Friendly and safe neighborhood and charming building, the tenants are sure to appreciate. Wonderful leafy grounds and yard for tenants to relax and socialize. In the middle of Alameda Island and easy access to Park Avenue, and Webster Street shops. Amazing property at 10.31 GRM and 4.34% cap rate.
  1. Listed by Ed Kuo • DRE #01034071 • The GRUBB Company

Property Details for 1423 Central Avenue

City
ALAMEDA
Building Type
Garden Apts
Property Sub Type
Garden Apts
Garage Spaces
0
Garage/Parking
No Parking
Total # Parking Spaces
0

Location

Listing Courtesy of The GRUBB Company, Ed Kuo, DRE #01034071

Sold By NAI Northern California, Grant Chappell, DRE #01700439

Add your commute
LISTING UPDATED: 01/11/2022 02:00 AM

Property Details for 1423 Central Avenue

StatusSold
MLS #40959453
Days on Compass107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1915
CountyAlameda County

Location

Listing Courtesy of The GRUBB Company, Ed Kuo, DRE #01034071

Sold By NAI Northern California, Grant Chappell, DRE #01700439

Add your commute

Building Information for 1423 Central Avenue

Building/Complex1423 Central AveFloor-Stories-Residences10Pet Policy-Year Built1915Building Size-

Payment Calculator

$13,050 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$2,681

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1423 Central Avenue

Features
Feature Details
  • Flooring: Linoleum, Carpet, Wood
  • Laundry: Dryer, In Basement, In Laundry Room, Washer
Room Details
  • Rooms Total: 0
  • Additional Rooms: Basement - Apartment, Basement - Partial, Basement - Storage Area
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: None
  • Heating: Central Gravity
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Playground
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Dryer, Washer, Smoke Detector, All Public Utilities
  • City Transfer Tax: Yes
  • Exterior: Wood Shingles
  • Lot Description: Corner, Level, Premium Lot, Front Yard
  • Lot Sq Ft Apx: 10763
  • Lot Size Square Feet: 10763.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 6907
  • Stories: 0.0
  • Year Built: 1915
Location Details
  • Directions to Property: Corner of Benton and Central
  • FIPS Code: 06001
  • Census Tract: 4279.00
  • Parcel Number: 072 0344 015 00
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 10
  • Basement: Apt In Basement, Partial, Separate Entry, Storage Area, Unfinished
  • Tenant Pays: Electric
  • Financial Data Source: Tax Return
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 3
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Rent: 1894
Unit 2
  • Unit 2 # Units This Type?: 5
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 0
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Rent: 1367
Unit 3
  • Unit 3 # Units This Type?: 1
  • Unit # 3 Occupied By: Vacant
  • Unit # 3 # of Bedrooms: 0
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Rent: 1450
Unit 4
  • Unit 4 # Units This Type?: 1
  • Unit # 4 Occupied By: Vacant
  • Unit # 4 # of Bedrooms: 0
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Rent: 1800
Building Details
  • Additional Features-Misc: Balcony/Patio, Garden, Play Area
  • Apx Lot Acres: 0
  • On Site Parking Description: None, On Street
  • Tot Ann Oper Exp: 0.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 0
  • Annual Gross Sched Income: $195,540
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $195,540
  • Annual Taxes: $0
  • Annual Util Expense: $0
  • Annual Vacancy: 0.0
  • Gross Income: $195,540
  • Gross Operating Actual Income: $0
  • Gross Rent Multiplier: 10.66
  • Net Operating Income: $0
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 4.46
  • Existing Loan: 1st D/T
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1423 Central 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 1423 Central Avenue

Taxable ValueLand$816,000Additions$1,114,860Total$1,930,860
Tax Record2023$32,177 ($2,681 / month)
Home Facts
Total Finished SqFt6,907 SqFtAbove Grade Finished SqFt6,907 SqFtStories2Lot Size10,763 SqFtStyleMulti-Family Res (5+ Units)Year Built1915CountyALAMEDAAPN72-344-15

Schools near 1423 Central 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
Franklin Elementary School
PublicK to 5

Will C. Wood Middle School
Public6 to 8

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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Listing Courtesy of The GRUBB Company, Ed Kuo, DRE #01034071

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.