Beautiful 3-units | 2 House on 1 Lot | 1892 Victorian in excellent location. The front house is a 2 units two-story building with painted wood siding with crown moldings, a wide driveway plus garage and basement storage space. The third unit in the back is the newer detached single family house with modern design and features. Walking up the front stair leads you to balcony entrance of units A. Walking down the right hallway leads to unit B on the ground floor, and units C in the back of the lot. All 3 units have hardwood / LVP floors and tiles. Many units have large windows, updated kitchen, modern electrical and plumbings, and private yard space. Parking space available in driveway and the garage. Possible building of a 4th units as an ADU, subject to city permitting. Separated meters for electricity, gas, and water, and washer/dryer across Units A, B, and C. Simply an incredible income property opportunity. The location is centralize on Alameda and well connected with bus to popular Webster st and Park St, and Bart stations. All units are currently rented.
For sale
Price increase: $452K (8/16)
$1,600,000
1523 Lincoln Ave, Alameda, CA 94501
6beds
5baths
2,244sqft
Multi Family, 2HOUSES-1LOT
Built in 1892
-- sqft lot
$-- Zestimate®
$713/sqft
$-- HOA
What's special
Modern electrical and plumbingBasement storage spaceWide driveway plus garagePrivate yard spaceLarge windowsCrown moldingsPainted wood siding
- 96 days
- 1,077
- 33
Zillow last checked:
Listing updated:
Listed by:
Louis Wong DRE #02154208 510-397-8030,
Compass
Source: Bay East AOR,MLS#: 41135853
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Other
Cooling
- Other
Appliances
- Laundry: In Unit
Features
- Updated Baths, Updated Kitchen
- Flooring: Laminate, Vinyl, Other
- Basement: Apartment,Exterior Entry,Unfinished,Other
Interior area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
Property
Parking
- Parking features: Off Street, Parking Lot, Garage Faces Front
- Has garage: Yes
Features
- Exterior features: Garden
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Size: 4,370 Square Feet
- Features: 2 Houses / 1 Lot, See Remarks, Back Yard
Details
- Parcel number: 7234914
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, 2HOUSES-1LOT
Materials
- Other, Wood
- Roof: Other,See Remarks
Condition
- Year built: 1892
Utilities & green energy
- Electric: No Solar
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & HOA
Community
- Features: Other
- Security: Security Fence
- Subdivision: Alameda
HOA
- Has HOA: No
Location
- Region: Alameda
Financial & listing details
- Price per square foot: $713/sqft
- Tax assessed value: $616,131
- Price range: $1.6M - $1.6M
- Date on market: 5/26/2026
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange,Call Listing Agent
- Lease term: Written Agreement,Other
- Total actual rent: 7150
- Tenant pays: Electricity, Gas, Trash Collection, Water, Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $1,600,000+39.4%$713/sqft |
Source:  Bay East AOR #41135853 Report a problem | ||
| 5/26/2026 | Listed for sale | $1,148,000-0.2%$512/sqft |
Source: Bay East AOR #41135853 Report a problem | ||
| 1/7/2026 | Listing removed | $1,150,000$512/sqft |
Source: Bay East AOR #41116039 Report a problem | ||
| 10/29/2025 | Listed for sale | $1,150,000+261.6%$512/sqft |
Source: Bay East AOR #41116039 Report a problem | ||
| 4/27/2001 | Sold | $318,000$142/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $616,131 +2% |
| 2025 | $10,635 +1.7% | $604,052 +2% |
| 2024 | $10,461 +3.6% | $592,208 +2% |
| 2023 | $10,098 +2.2% | $580,599 +2% |
| 2022 | $9,881 +2.4% | $569,216 +2% |
| 2021 | $9,653 +1.3% | $558,055 +1% |
| 2020 | $9,533 +8.2% | $552,335 +2% |
| 2019 | $8,811 +6.9% | $541,506 +2% |
| 2018 | $8,241 | $530,891 +2% |
| 2017 | $8,241 +14.3% | $520,483 +18.1% |
| 2016 | $7,211 +8.2% | $440,579 +10.5% |
| 2015 | $6,662 | $398,682 +2% |
| 2014 | $6,662 | $390,875 +0.5% |
| 2013 | -- | $389,110 +2% |
| 2012 | -- | $381,481 +2% |
| 2011 | -- | $374,002 +0.8% |
| 2010 | -- | $371,210 -0.2% |
| 2009 | -- | $372,094 +2% |
| 2008 | -- | $364,800 +2% |
| 2007 | -- | $357,647 +2% |
| 2006 | -- | $350,635 +2% |
| 2005 | -- | $343,760 +2% |
| 2004 | -- | $337,023 +1.9% |
| 2003 | -- | $330,847 +2% |
| 2002 | -- | $324,360 +744.7% |
| 2001 | $1,087 | $38,401 |
Find assessor info on the county website
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Neighborhood: Central
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