Welcome to 1572 & 1572 1/2 Lincoln Ave. An income-generating fourplex located in Central Alameda. Set on a 6,175 square foot lot, this 3,388 square foot property features a rare standalone, move-in ready, 2-bedroom / 1-bathroom cottage, with partial updates throughout. Offering newer flooring, fresh paint, modern fixtures, and its own dedicated parking, the cottage makes this multi-unit ideal for an owner-occupant or as a premium rental unit. The front building includes three additional, occupied in good-standing, rental units. A spacious 2-bedroom / 1-bathroom apartment, a well-proportioned 1-bedroom / 1-bathroom unit, and a cozy studio. All residents benefit from access to an on-site laundry room, backyard space, and parking. Adding amenities and functionality to the property. Conveniently located near Park Street’s shops, restaurants, and easy access to public transportation, this very walkable, well-maintained fourplex is great for investors looking for solid cash flow or buyers seeking a hybrid opportunity to live and earn in one of Alameda’s most desirable neighborhoods.
Sold for $950,000
Street View
$950,000
1572 Lincoln Ave, Alameda, CA 94501
5beds
4baths
3,388sqft
Multi Family, Quadruplex
Built in 1900
-- sqft lot
$1,446,900 Zestimate®
$280/sqft
$3,180 Estimated rent
Home value
$1,446,900
$1.27M - $1.63M
$3,180/mo
Zestimate® history
Owner options
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$3,180/mo
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$6,099/mo
Est. payment
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Est. payment
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List your homeWhat's special
Modern fixturesBackyard spaceFresh paintNewer flooringCozy studio
Zillow last checked:
Listing updated:
Listed by:
Forrest McKeiver DRE #01994778 510-737-1821,
Compass,
Jerry Beverly DRE #01957422 925-628-6990,
Compass
Bought with:
Geen Phone Lee, DRE #02176676
Fifty Hills Real Estate
Source: Bay East AOR,MLS#: 41112263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Baseboard, Wall Furnace, MultiUnits
Cooling
- No Air Conditioning, Multi Units
Appliances
- Laundry: Laundry Room
Features
- Flooring: Hardwood, Laminate, Tile, Carpet
- Basement: None
Interior area
- Total structure area: 3,388
- Total interior livable area: 3,388 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Exterior features: Storage
Lot
- Size: 6,098 Square Feet
- Features: 2 Houses / 1 Lot, Back Yard, Front Yard, Side Yard, Yard Space
Details
- Parcel number: 7233142
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Wood Siding, Shingle Siding
- Roof: Composition
Condition
- Year built: 1900
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Alameda
HOA
- Has HOA: No
Location
- Region: Alameda
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $1,026,653
- Price range: $950K - $950K
- Date on market: 9/20/2025
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan,New Loan
- Lease term: Month To Month
- Tenant pays: Electricity, Gas, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Sold | $950,000-4.8%$280/sqft |
Source:  Bay East AOR #41112263 Report a problem | ||
| 11/7/2025 | Pending sale | $998,000$295/sqft |
Source: Bay East AOR #41112263 Report a problem | ||
| 10/11/2025 | Price change | $998,000-16.7%$295/sqft |
Source: Bay East AOR #41112263 Report a problem | ||
| 9/20/2025 | Listed for sale | $1,198,000-7.7%$354/sqft |
Source: Bay East AOR #41112263 Report a problem | ||
| 9/19/2025 | Listing removed | $1,298,000$383/sqft |
Source: Bay East AOR #41094932 Report a problem | ||
| 7/22/2025 | Price change | $1,298,000-3.7%$383/sqft |
Source: Bay East AOR #41094932 Report a problem | ||
| 7/10/2025 | Price change | $1,348,000-3.6%$398/sqft |
Source: Bay East AOR #41094932 Report a problem | ||
| 4/25/2025 | Listed for sale | $1,398,000+101.2%$413/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41094932 Report a problem | ||
| 9/28/2001 | Sold | $695,000+95.8%$205/sqft |
Source: Public Record Report a problem | ||
| 11/17/1998 | Sold | $355,000$105/sqft |
Source: Bay East AOR #28460627 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,026,653 +2% |
| 2024 | $16,631 +3.8% | $1,006,526 +2% |
| 2023 | $16,029 +2.2% | $986,795 +2% |
| 2022 | $15,678 +2.4% | $967,446 +2% |
| 2021 | $15,304 +1.3% | $948,480 +1% |
| 2020 | $15,113 +7.5% | $938,757 +2% |
| 2019 | $14,065 +7.2% | $920,353 +2% |
| 2018 | $13,118 | $902,311 +2% |
| 2017 | $13,118 +0% | $884,623 +2% |
| 2016 | $13,117 +3.2% | $867,283 +1.5% |
| 2015 | $12,708 | $854,258 +2% |
| 2014 | $12,708 | $837,530 +6.7% |
| 2013 | -- | $785,000 +7.5% |
| 2012 | -- | $730,000 -3.9% |
| 2011 | -- | $760,000 -4.4% |
| 2010 | -- | $795,391 -0.2% |
| 2009 | -- | $797,282 +2% |
| 2008 | -- | $781,651 +2% |
| 2007 | -- | $766,327 +2% |
| 2006 | -- | $751,301 +2% |
| 2005 | -- | $736,574 +2% |
| 2004 | -- | $722,133 +1.9% |
| 2003 | -- | $708,900 +2% |
| 2002 | -- | $695,000 +88.2% |
| 2001 | $4,972 | $369,342 |
Find assessor info on the county website
Neighborhood: Central
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Nearby schools
GreatSchools rating
- 8/10Maya Lin SchoolGrades: K-5Distance: 0.7 mi
- 6/10Will C. Wood Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Encinal Jr. Sr. High SchoolGrades: 6-12Distance: 1.8 mi
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Estimated market value
$1,446,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,446,900
- California
- Alameda County
- Alameda
- 94501
- Central
- 1572 Lincoln Ave
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Nearby neighborhoods
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