Centrally located, clean and updated Alameda duplex ready for a new owner-occupant and well suited for two buyers purchasing together! 1848-1850 Walnut represents a rare opportunity to secure a vacant property with little to no initial investments needed in repairs or upgrades. It’s ready to go! Identical two-bedroom, one-bath single level floor plans with private entries and set back from the street for maximum privacy and quiet. Rear unit gets lots of light and looks out on private back yard with lemon tree. Inside, you’ll find newly refinished hardwood floors in front, and newer carpet in the rear. New appliances include refrigerator and oven/range in rear, and new hot water heaters for both units. Exterior, attached laundry room has washer and dryer. Separately metered for gas, electric, and water. Sitting half a block from McKinley Park, and close to Park St. commercial district, schools, Bay Trail, estuary, and more, don’t miss this prime Alameda property on the market for the first time in decades. Call one unit home and rent out the other at market rate to offset the mortgage, or take over both units as a family complex. Perfect for two buyers who want equally sized but reversed floor plans. This property is bursting with opportunity.
Sold for $1,102,500
$1,102,500
1848 Walnut St, Alameda, CA 94501
4beds
1,665sqft
Residential, Single Family Residence
Built in 1956
5,200 Acres Lot
$-- Zestimate®
$662/sqft
$3,631 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,631/mo
Zestimate® history
Owner options
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$3,631/mo
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$3,631/mo
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$7,107/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steve Cressy DRE #00765911 510-908-9018,
Bhhs Drysdale Properties
Bought with:
Julie Vu, DRE #02246237
Redfin
Source: Bay East AOR,MLS#: 41128057
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: 4 Bedrooms, 2 Baths, Main Entry, Utility Room, Kitchen, Living Room
Kitchen
- Features: Laminate Counters, Dishwasher, Eat-in Kitchen, Electric Range/Cooktop, Gas Range/Cooktop, Range/Oven Free Standing, Refrigerator
Heating
- Natural Gas, Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Included: Dishwasher, Electric Range, Gas Range, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
- Laundry: Laundry Closet, Common Area
Features
- Flooring: Hardwood, Linoleum, Carpet
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,665
- Total interior livable area: 1,665 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Off Street, Parking Spaces, Space Per Unit - 2, Garage Faces Front, Garage Door Opener, Open
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Fenced,Wood
Lot
- Size: 5,200 Acres
- Features: Level, Back Yard
Details
- Parcel number: 71223318
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Foundation: Concrete
- Roof: Composition
Condition
- Existing
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: No Solar
- Water: Public
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
- Subdivision: Alameda
HOA
- Has HOA: No
Location
- Region: Alameda
Financial & listing details
- Price per square foot: $662/sqft
- Tax assessed value: $80,172
- Annual tax amount: $2,567
- Price range: $1.1M - $1.1M
- Date on market: 3/20/2026
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listing removed | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2026 | Listed for rent | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/23/2026 | Sold | $1,102,500+22.8%$662/sqft |
Source:  Bay East AOR #41128057 Report a problem | ||
| 4/2/2026 | Pending sale | $898,000$539/sqft |
Source: Bay East AOR #41128059 Report a problem | ||
| 3/21/2026 | Listed for sale | $898,000$539/sqft |
Source: Bay East AOR #41128057 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,567 +1.5% | $80,172 +2% |
| 2024 | $2,529 +3.4% | $78,600 +2% |
| 2023 | $2,445 +2.7% | $77,060 +2% |
| 2022 | $2,381 +2.5% | $75,549 +2% |
| 2021 | $2,324 +1.7% | $74,067 +1% |
| 2020 | $2,285 +5% | $73,309 +2% |
| 2019 | $2,177 +5.7% | $71,871 +2% |
| 2018 | $2,059 | $70,462 +2% |
| 2017 | $2,059 +1.7% | $69,080 +2% |
| 2016 | $2,024 +2.1% | $67,726 +1.5% |
| 2015 | $1,982 | $66,708 +2% |
| 2014 | $1,982 | $65,402 +0.5% |
| 2013 | -- | $65,107 +2% |
| 2012 | -- | $63,830 +2% |
| 2011 | -- | $62,579 +0.8% |
| 2010 | -- | $62,111 -0.2% |
| 2009 | -- | $62,258 +2% |
| 2008 | -- | $61,038 +2% |
| 2007 | -- | $59,841 +2% |
| 2006 | -- | $58,668 +2% |
| 2005 | -- | $57,518 +2% |
| 2004 | -- | $56,391 +1.9% |
| 2003 | -- | $55,358 +2% |
| 2002 | -- | $54,272 +2% |
| 2001 | $971 | $53,208 |
Find assessor info on the county website
Neighborhood: Central
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Nearby schools
GreatSchools rating
- 8/10Love Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Will C. Wood Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Alameda High SchoolGrades: 9-12Distance: 2.6 mi
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- California
- Alameda County
- Alameda
- 94501
- Central
- 1848 Walnut St
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