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1501 Encinal Ave Alameda, CA, 94501
Neighborhood: Gold Coast$1,130,000 Commercial pending 5 or More Units
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).
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Property details
3,008 sqft interior area
Land area
4,800 sqft (0.11 acres)
Days on Verhouse
11
Address
1501 Encinal Ave, Alameda, CA, 94501
City of California
Alameda
County
Alameda
Previous price
$1,130,000
Year Built
1926
Parking Spaces
3
Neighborhood
Gold Coast
District
Listing
Nearby major retailers
Public Storage
CVS Pharmacy
Safeway
Trader Joe's
Safeland Super Market
Kohl's
Whole Foods Market
Pet Food Express
Petco
TJ Maxx
The Home Depot
Apple Store
Ross
AT&T
T-Mobile
7-Eleven
O'Reilly Auto Parts
MetroPCS
See's Candies
AutoZone
Chevron
Dollar Tree
GameStop
Verizon Wireless
Pet food express
Nordstrom
7-eleven
Supercuts
Chevron Food Mart
GNC
Storage rental: 2
Chemist: 1
Supermarket: 8
Greengrocer: 3
Department store: 6
Pet: 6
Do it yourself: 2
Electronics: 1
Mobile phone: 14
Convenience: 12
Car parts: 7
Confectionery: 1
Variety store: 1
Video games: 2
Hairdresser: 1
Nutrition supplements: 1
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Interior Features
3 parking places, Carpet, Hardwood, Tile, Vinyl floors
Roof
Shingle
Floor Covering
Carpet, Hardwood, Tile, Vinyl
Garage & Parking
Detached, Garage Faces Side, Garage, On Street, See Remarks, Side Yard Access
Utilities Included
All Public Utilities
Other rooms
Storage
Appliances
Free-Standing Range, Refrigerator, Gas Water Heater
Basement
None
Listed by
Johanna Hall, BHHS Drysdale Properties
Name
Johanna Hall
License number
01937719
Brokerage company
BHHS Drysdale Properties
MLS #
41057405
Payment calculator
Calculate your monthly payments
Mortgage
$3,470
Taxes
$0
HOA dues
$0
Mortgage
$226,000 / 20%
2.28%
30 years
Your amount
$3,470 / month
Exterior Features
Stucco construction and more
Construction
Stucco
Yard
Garden
Lot details
TMK #7233413
Lot Description
Back Yard, Corner Lot, Front Yard, Garden, Landscape Misc, Level, Regular, See Remarks
Parcel nr.
7233413
Gold Coast neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Gold Coast
44%
Families with children
National average: 39%
45%
Non family households
271,833
Population
$105,043
Average Income
Age & gender
Median age 38 years
More info
Commute types
58% commute by car
More info
Education level
29% have bachelor education
More info
Number of employees
3% work in management
More info
Vehicles available
45% have 1 vehicle
More info
Vehicles by gender
45% have 1 vehicle
More info
Housing market insights for
$984.8k
Neighborhood average
sales price*
sales price*
$893.33k
Neighborhood median
sales price*
sales price*
358
Number
of sales*
of sales*
Housing type
32% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
More info
Bedrooms
54% have 2 or 3 bedrooms
More info
Owners vs Renters
63% are renters
More info
16.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Pending Apr 29, 2024
Gold Coast Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 1 bed | $605k | 25% |
| 3 beds | $1.6m | 50% |
| 5 beds | $3.5m | 25% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 29, 2024 | Pending | $1,130,000 | 0 | MLS #41057405 |
| Apr 29, 2024 | Under contract | $1,130,000 | 0 | MLS #41057405 |
| Apr 25, 2024 | New Listing | $1,130,000 | 0 | MLS #41057405 |
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Frequently Asked Questions about 1501 Encinal Ave
What is 1501 Encinal Ave?
1501 Encinal Ave is a Commercial/Industrial propertywith 3,008 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1501 Encinal Ave, Alameda, CA, 94501.
What comparable properties are nearby?
Comparable nearby commercial properties include 825 8th Ave, 1429 14th Ave, 2928 Chapman St, 1110-1118 International Blvd, 2293 International Blvd, 1435 22nd Ave.
Based on information from the bridgeMLS as of 05-05-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 29, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Grocery Outlet, 0.87 miles away and Trader Joe's, 1.01 miles away.
The Gold Coast neighborhood has a population of 271,833, and 44% of the families have children. The median age is 38.58 years and 58% commute by car. The most popular housing type is "single detached" and 63% is renter.
