1405 Central Avenue Alameda, CA $ 1,799,000
1405 Central Avenue
$ 1,799,000
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1405 Central Avenue

Alameda, CA, 94501
$ 1,799,000
Baths0.0 Sq 3,247

Monthly Estimate*

$ 11,077

Listed by Realty One Group Infinity
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Studio

Multi-Family Home for sale in Alameda, CA

for $1,799,000. This 3,247 square foot home was built in 1905 on a lot size of 0.172.

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.

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Multi-Family Active

Price

$ 1,799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 20,000

Style

Lot Size

0.172

Year Built

1905

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

ML82047983

Days on Market

5

Features
General
Living Area 3247
Heating Electric
Cooling None
Roof Composition
Zoning R4
Garage Spaces 0
Year Built 1905
Property Subtype Quadruplex
Accessibility None
County Alameda
Insurance Expense 1285
Property Type Residential Income
HOA false
MaintenanceExpense 1000
Garage Y/N false
Special Listing Conditions Standard
Status Active
City Alameda
High School District Alameda City Unified
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7492
Carport Spaces 0
Tax Annual Amount 20000
Trash Expense 1786
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 4.07
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 4
Lot Size Area 7492
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 3247
Lot Size Acres 0.172
Lot Size Source Other
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* Excluded Features
List By
Realty One Group Infinity

Broker

pierre@pierremalak.com

Email

Affordability Calculator

$12,743
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,077
Monthly Property Taxes
$1,667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$1,799,000 Listed Price

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1405 Central Avenue, Alameda, CA, 94501 is a Multi-Family Home for sale at $1,799,000 with 3,247 sqft and a lot size of 0.172. 1405 Central Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 94501 which is in Alameda, CA