1223 Pease Ct Alameda, CA $ 1,000,000
1223 Pease Ct
$ 1,000,000
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1223 Pease Ct

Alameda, CA, 94501
$ 1,000,000
Baths1.0

Monthly Estimate*

$ 6,314

Listed by Panavista Realty
1223 Pease Ct, Alameda, CA 94501 - Image 1
1223 Pease Ct, Alameda, CA 94501 - Image 2
1223 Pease Ct, Alameda, CA 94501 - Image 3
1223 Pease Ct, Alameda, CA 94501 - Image 4
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Studio

Multi-Family Home for sale in Alameda, CA

for $1,000,000 with 1 full bath. This home was built in 1946 on a lot size of 0.247.

This 3-unit property, consisting of a Craftsman Duplex and a Ranch-Style Bungalow, is in an extraordinary community-style enclave that offers suburban tranquility with prime geographic positioning that is rare in Alameda’s highly coveted East-end. It features a total of approximately 2,638 square feet of living space on an approximately 10,760 square foot lot that is tucked away at the end of Pease Court off Encinal Avenue, just a short block east of Broadway. 1223 Pease Ct has a stucco exterior. With its distinct sense of independence and privacy, it features a standalone 2-bedroom, 1-bath cottage at street level with approximately 732 square feet of living space. 1228 & 1230 Pease Ct is a Craftsman Duplex with wood siding that displays a gabled roof with prominent cross gables and classic gable dormers. It features a single-level, 2-bedroom, 1-bathroom unit on the left that spans approximately 731 square feet of living space and includes a backyard, and a 2-story, 3-bedroom, 1-1/2-bathroom spacious unit on the right with approximately 1,210 square feet of living space that also includes a backyard. Property has 1 driveway that is attendant to 1223 Pease Ct and 3 uncovered carports. Adding to its appeal is its highly efficient utility configuration where residents pay for their own gas, electricity, water, sewer and garbage services. Each unit has its own gas water heater and laundry hookups. This clean, straightforward configuration maximizes net operating income for the Owner and removes the common friction points of shared utility management. A quick stroll away is Alameda’s ever-popular Park Street, which is known for its unique shops, a wide variety of restaurants, and the historic Alameda Theatre. Pease Court also offers easy access to local and Transbay AC Transit bus line, east-end schools, and shopping at the South Shore Shopping Center.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.247

Year Built

1946

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

41143285

Days on Market

14

Features
General
Heating Floor Furnace Natural Gas Wall Furnace
Possession Close Of Escrow
Roof Shingle
Appliances Gas Water Heater
HOA Fee 0
Construction Materials Stucco Wood Siding
Year Built 1946
Tenant Pays Gas
Property Subtype Triplex
County Alameda
Property Type Residential Income
Subdivision Name EAST END
Status Active
Directions Cross Street: Encinal Ave.
City Alameda
Disclosures Easement(s) Rent Control
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 10760
Listing Terms Cash Conventional
Rent Control Y/N true
Standard Status Active
Virtual Tour https://panavista.substack.com/p/2026-07-23-3-unit-property-at-1223?r=2mpm3t
Property Sub Type Additional Triplex
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Interior
Flooring Carpet
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Back Yard Front Yard Street Level
Total Parking 4
Lot Size Area 10760
Lot Size Acres 0.247
Lot Size Source Public Records
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* Excluded Features
List By
Panavista Realty

Broker

ramesh@panavista.com

Email

Affordability Calculator

$6,314
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Monthly Principal & Interest
$6,314
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Default based on a 30-year fixed rate of 6.49% 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
7/30/2026$1,000,000 Listed Price

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1223 Pease Ct, Alameda, CA, 94501 is a Multi-Family Home for sale at $1,000,000 with a lot size of 0.247. 1223 Pease Ct is a studio with 1.0 baths and was built in 1946. The property's zip code is 94501 which is in Alameda, CA