1575 Pacific Avenue

Alameda, CA 94501

$1,600,000
Last Sold Price
8
Beds
6
Baths
4,093 Sq. Ft.
$391 / Sq. Ft.
4,093
Sq. Ft.
$391
per Sq. Ft.

Description

Rare 3 buildings 1 lot (4-Plex) located in Central Alameda. This unique 4 plex has great potential, not only for an investor but for the seasoned contractor as well. The 4-plex consists of three buildings which include a fully renovated duplex in front, and two vacant buildings in back that need some TLC. The duplex was completely renovated about year-and-a-half ago and includes stainless steel appliances, granite counters and more. For the Contractor: The middle unit is currently a 1 bed /1 bath...Rare 3 buildings 1 lot (4-Plex) located in Central Alameda. This unique 4 plex has great potential, not only for an investor but for the seasoned contractor as well. The 4-plex consists of three buildings which include a fully renovated duplex in front, and two vacant buildings in back that need some TLC. The duplex was completely renovated about year-and-a-half ago and includes stainless steel appliances, granite counters and more. For the Contractor: The middle unit is currently a 1 bed /1 bath (800 sf) and the sellers have the approved plans to make it a 3 bed /2 bath (increasing it to 1080 sf). The back unit is currently 2 bed /1 bath (950 sf), and sellers have the approved plans to make it a 3 bed /2.5 bath (increasing it to 1588 sf). Both buildings in back are vacant and have not been occupied for years. All units are separately metered (water, gas, and electrical) and the Sewer-lateral has been replaced. Plans are approved and permits are ready to issue!

Listing Agent

  1. Erik Schuler

    Erik Schuler

    Listing Agent

    Compass

    DRE #01509384

Property Details for 1575 Pacific Avenue

City
ALAMEDA
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Attached Garage, Covered Parking, Spaces per Unit - >1, Tandem Parking
Park Spaces Total
8

Location

Listing Courtesy of Compass, Erik Schuler, DRE #01509384

Sold By Intero Real Estate Services, Heng Chieng, DRE #01194638

Add your commute
LISTING UPDATED: 02/11/2020 07:09 AM

Property Details for 1575 Pacific Avenue

StatusSold
MLS #40894933
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1916
Lot Size0.19 AC / 8,100 SF
CountyAlameda County

Location

Listing Courtesy of Compass, Erik Schuler, DRE #01509384

Sold By Intero Real Estate Services, Heng Chieng, DRE #01194638

Add your commute

Building Information for 1575 Pacific Avenue

Stories-Residences4Year Built1916Building Size-Lot Size0.19 AC / 8,100 SF

Payment Calculator

$11,014 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$2,282

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1575 Pacific Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Unfinished, Other
  • Laundry: Laundry Equip - Owned
Room Details
  • Additional Rooms: Basement - Unfinished
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Dryer, Garage Door Opener, Washer, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 8100
  • Lot Size Square Feet: 8100.0
  • Roof: Tar and Gravel
  • Sq Ft Apx: 4062
  • Yard Description: No Yard
  • Year Built: 1916
  • Acres: 0.18
Location Details
  • Directions to Property: Grand to Pacific
  • FIPS Code: 06001
  • Parcel Number: 72-329-13
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 4
  • Basement: Partial, Unfinished
  • Parking Description: Attached Garage, Space Per Unit - 2, Tandem Parking
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Building Vacant, Year Lease
  • Tenant Pays: Gas, Trash, Water
  • Financial Data Source: Other
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 1575
  • Occupied By 1: Tenant
  • Bedrooms 1: 3
  • Bathrooms 1: 2
  • Parking Spaces 1: 2
  • Apx Sq Ft 1: 1278
  • Rent 1: 3210
Unit 2 Details
  • Unit #/Address - 2: 1577
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 2
  • Parking Spaces 2: 2
  • Apx Sq Ft 2: 1065
  • Rent 2: 2525
Unit 3 Details
  • Unit #/Address - 3: 1575A
  • Occupied By 3: Vacant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 800
Unit 4 Details
  • Unit #/Address - 4: 1575B
  • Occupied By 4: Vacant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 2
  • Apx Sq Ft 4: 950
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 0
Additional Information
Additional Information
  • Fireplace: No

Property History for 1575 Pacific 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 1575 Pacific Avenue

Taxable ValueLand$706,386Additions$1,151,435Total$1,857,821
Tax Record2023$27,379 ($2,282 / month)
Home Facts
Total Finished SqFt5,227 SqFtAbove Grade Finished SqFt5,227 SqFtStories3Lot Size8,100 SqFtStyleQuadraplexYear Built1916Year Renovated1920CountyALAMEDAAPN72-329-13

Schools near 1575 Pacific 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
Maya Lin 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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, Erik Schuler, DRE #01509384

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.