9 days on rocket

Sale Pending

1501 Encinal Ave, Alameda, CA, 94501

$1,130,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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1501 Encinal Ave, Alameda$1,130,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1926
HeatingOther
CoolingNone
MLS #41057405
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 1501 Encinal Ave

1501 Encinal Avenue in Alameda is a rare opportunity for investors looking for a charming 6-unit building in a prime location. The property is centrally located on the edge of the desirable Gold Coast neighborhood close to Franklin Park, recreation, retail, easy transportation options to San Francisco, the Alameda Farmer’s Market, the famed Alameda Beach, Alameda Point attractions, and more. The building is situated in historic Morton Station amid iconic Victorians and tree-lined streets and offers 6 studio apartments providing a delightful living experience for tenants. The property also offers a 3 garage spaces and 5 storage units for additional income opportunity. In the rear of the property there is a delightful yard for barbeques, container gardening, and relaxation. There is also an opportunity to create a laundry room in a storage unit adjacent to the garage with existing hook ups. Additionally, the building offers 1 unit delivered vacant. Tenants are responsible for electricity and gas while the owner is responsible for water, sewer, and garbage. The property offers strong yearly income of approximately $106,908 (when 100% occupied and two planned rent increases are in place).

Property Details

Property Features

Property Information:

  • Year Built: 1926

Listing Office:

  • Office Name: BHHS Drysdale Properties
  • Office Phone: (510) 523-1144
  • Listing Agent: Johanna Hall

Interior Features

Interior Information:

  • Appliances: Gas Water Heater

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Will C. Wood Middle School, Public District Grades 6-8
  • Franklin Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Encinal to Benton Cross Street: Benton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,130,000

Tax Information:

  • Annual Amount: $8,514
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alameda, CA.

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Alameda, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$715

Avg. Days On Market

26

# of Sold Homes

40

1501 Encinal Ave vs Alameda

9 DAYS ON ROCKET

-17 Days

$1,130,000

-$32.6K Less

KEY TAKEAWAY

This property is $32.6K less than the Median Sold Price in Alameda, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41057405

Listing Office:

  • Office Name: BHHS Drysdale Properties
  • Office Phone: (510) 523-1144
  • Listing Agent: Johanna Hall

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,514$327,299
2020$8,514$323,945
2019$7,379$317,594
2018$7,131$311,368
2017$7,131$305,263

History based on county public records data.

Payment Calculator

$5,707

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,454

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6335901
7
/10

  • Franklin Elementary School

  • 1433 San Antonio Ave

  • 0.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6335902
7
/10

  • Will C. Wood Middle School

  • 420 Grand St

  • 0.62 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,358. Typical income of Alameda, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Encinal Ave

What is the listing price of this property?

The listing price of 1501 Encinal Ave property is $1,130,000.

What type of property is this?

The property 1501 Encinal Ave is a house located in Alameda, California, 94501.

Is this property for sale now?

Sale Pending: 1501 Encinal Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1501 Encinal Ave are:
Franklin Elementary School: GreatSchools Rating 7/10
Will C. Wood Middle School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,514 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1501 Encinal Ave is 1926.

Rocket Homes›California›Alameda County›Alameda›94501›1501 Encinal Ave

This home is located at 1501 Encinal Ave in Alameda, CA and zip code 94501. This home, which was built in 1926, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,130,000.

In April 2024, from all listings sold in Alameda, CA there were more than 30 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Alameda, CA increased by 10.6% between March 2024 and April 2024. Listings spent 26 days on the market in April 2024, and had a median list price of $1,162,675 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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