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.
For sale
Price cut: $100K (7/29)
$1,599,000
1405 Central Ave, Alameda, CA 94501
7beds
4baths
3,247sqft
Quadruplex, Residential Income
Built in 1905
-- sqft lot
$1,516,200 Zestimate®
$492/sqft
$-- HOA
What's special
Shared garden areaCharming tree-lined central ave
- 94 days |
- 534 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Pierre Malak 01374262 408-807-3409,
Realty One Group Infinity 408-377-2700
Source: MLSListings Inc,MLS#: ML82047983
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Electric, Gas
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 3,247
- Total interior livable area: 3,247 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Common
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 7,492 Square Feet
Details
- Parcel number: 0720344019
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1905
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Alameda
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $1,244,782
- Annual tax amount: $20,000
- Date on market: 5/20/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: DishwasherSomeUnits, OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
$1,516,200
$1.44M - $1.59M
$3,278/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $1,599,000-5.9%$492/sqft |
Source:  MLSListings Inc #ML82047983 Report a problem | ||
| 7/10/2026 | Price change | $1,699,000-5.6%$523/sqft |
Source: MLSListings Inc #ML82047983 Report a problem | ||
| 5/20/2026 | Listed for sale | $1,799,000+349.8%$554/sqft |
Source: MLSListings Inc #ML82047983 Report a problem | ||
| 4/20/2011 | Sold | $400,000$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,154 +2% | $1,244,782 +2% |
| 2024 | $18,782 +4% | $1,220,380 +2% |
| 2023 | $18,066 +89.5% | $1,196,460 +147.8% |
| 2022 | $9,533 +2.2% | $482,892 +2% |
| 2021 | $9,330 +1.2% | $473,424 +1% |
| 2020 | $9,221 +12.1% | $468,572 +2% |
| 2019 | $8,226 +6.5% | $459,388 +2% |
| 2018 | $7,726 | $450,384 +2% |
| 2017 | $7,726 +0.2% | $441,556 +2% |
| 2016 | $7,707 +2.7% | $432,900 +1.5% |
| 2015 | $7,503 | $426,400 +2% |
| 2014 | $7,503 | $418,048 +0.5% |
| 2013 | -- | $416,160 +2% |
| 2012 | -- | $408,000 +67.1% |
| 2011 | -- | $244,128 +0.8% |
| 2010 | -- | $242,305 -0.2% |
| 2009 | -- | $242,881 +2% |
| 2008 | -- | $238,119 +2% |
| 2007 | -- | $233,451 +2% |
| 2006 | -- | $228,875 +2% |
| 2005 | -- | $224,387 +2% |
| 2004 | -- | $219,990 +1.9% |
| 2003 | -- | $215,958 +2% |
| 2002 | -- | $211,724 +2% |
| 2001 | $2,969 | $207,573 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Central
Nearby schools
GreatSchools rating
- 8/10Franklin Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Will C. Wood Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Encinal Jr. Sr. High SchoolGrades: 6-12Distance: 1.5 mi
Schools provided by the listing agent
- District: AlamedaCityUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $--1 bd1 ba-- sqft1405 Central Ave #B, Alameda, CA 94501Off Market
- $--2 bd1 ba-- sqft1405 Central Ave APT D, Alameda, CA 94501Off Market
- $--2 bd1 ba-- sqft1405 Central Ave APT A, Alameda, CA 94501Off Market
- $--2 bd1 ba750 sqft1405 Central Ave #C, Alameda, CA 94501Off Market
- $1,653,3173 bd2 ba1.5k sqft1401 Central Ave, Alameda, CA 94501Off Market
- $--2 bd1 ba800 sqft1401 Central Ave APT E, Alameda, CA 94501Off Market
- $--2 bd1 ba-- sqft1409 Central Ave #A, Alameda, CA 94501Off Market
- $1,776,0006 bd5 ba5k sqft1409 Central Ave, Alameda, CA 94501Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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