1501 Encinal Avenue

Alameda, CA 94501

$1,130,000
Price
Beds
3,008 Sq. Ft.
$376 / Sq. Ft.
3,008
Sq. Ft.
$376
per Sq. Ft.

Description

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...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).
  1. Listed by Johanna Hall • DRE #01937719 • BHHS Drysdale Properties

Property Details for 1501 Encinal Avenue

City
ALAMEDA
Dist Neighborhood Subdiv
GOLD COAST
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Detached Garage, Access - Side Yard
Total # Parking Spaces
3

Location

Listing Courtesy of BHHS Drysdale Properties, Johanna Hall, DRE #01937719
Add your commute
LISTING UPDATED: 04/29/2024 12:57 PM

Property Details for 1501 Encinal Avenue

StatusPending
MLS #41057405
Days on Compass3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1926
Lot Size0.11 AC / 4,800 SF
CountyAlameda County

Location

Listing Courtesy of BHHS Drysdale Properties, Johanna Hall, DRE #01937719
Add your commute

Building Information for 1501 Encinal Avenue

Stories-Residences6Year Built1926Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$6,915 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,167

Property Taxes

$748

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 Encinal Avenue

Features
Feature Details
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Laundry: In Garage, Washer/Dryer Hookups
Utility Details
  • Cooling: None
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA: No
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Water Heater Gas, Carbon Mon Detector, Smoke Detector, All Public Utilities
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Corner, Level, Regular, Backyard, Front Yard, Garden, Landscape Misc, Partial Fence, See Remarks
  • Lot Sq Ft Apx: 4800
  • Lot Size Square Feet: 4800.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3008
  • Year Built: 1926
Location Details
  • Directions to Property: Encinal to Benton
  • FIPS Code: 06001
  • Census Tract: 4279
  • Parcel Number: 72-334-13
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • All Units Have: Oven Range Free Standing, Refrigerator
  • Some Units Have: Other
  • Units Total: 6
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Property Manager, Rental Agreement
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Vacant
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 0
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 500
  • Unit # 1 Rent: 1,700
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 0
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 500
  • Unit # 2 Rent: 1,636
Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 Range Oven: Yes
  • Unit # 3 # of Bedrooms: 0
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 500
  • Unit # 3 Rent: 1,094
Unit 4
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 Range Oven: Yes
  • Unit # 4 # of Bedrooms: 0
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Approx SqFt: 500
  • Unit # 4 Rent: 1,700
Unit 5
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 Range Oven: Yes
  • Unit # 5 # of Bedrooms: 0
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Approx SqFt: 500
  • Unit # 5 Rent: 1,700
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage, Garden, Other
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Pest
  • On Site Parking Description: Detached Garage, Garage Parking, Side Yard Access, Garage Facing Side, On Street, See Remarks
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
  • Other Loans: No
Additional Information
Additional Information
  • Fireplace: No

Property History for 1501 Encinal 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 1501 Encinal Avenue

Taxable ValueLand$95,585Additions$244,937Total$340,522
Tax Record2023$8,979 ($748 / month)
Home Facts
Total Finished SqFt3,008 SqFtAbove Grade Finished SqFt3,008 SqFtStories2Lot Size4,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyALAMEDAAPN72-334-13

Schools near 1501 Encinal 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.

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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 BHHS Drysdale Properties, Johanna Hall, DRE #01937719

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.