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In-PersonVirtual Tour
$ 1,398,000
Est. payment | /mo
6,176 Sqft Lot
$ 1,398,000
Est. payment | /mo
6,176 Sqft Lot
OPEN HOUSE
Sun May 04, 2:00pm - 4:30pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41094932
HOA Y/N No
Year Built 1900
Lot Size 6,176 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 1572 and 1572 1/2 Lincoln Ave, a unique and income-producing fourplex located in the heart of Alameda. Set on a 6,175 square foot lot, this 3,388 square foot property features a rare standalone 2-bedroom, 1-bathroom cottage that has been partially updated with new flooring, fresh paint, and modern light fixtures. With its own dedicated parking, the cottage offers the perfect blend of privacy and convenience—ideal for an owner-occupant or as a premium rental unit. The main building includes three additional 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, adding an extra layer of functionality to the property. Located near Park Street's shops, restaurants, and easy access to public transportation, this well-maintained fourplex is perfect 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.
Location
State CA
County Alameda
Interior
Heating Baseboard, Wall Furnace
Flooring Carpet, Laminate, Tile, Wood
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Back Yard, Front Yard, Yard
Sewer Public Sewer
Others
Tax ID 7233142
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listed by Jerry Beverly • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "