About This Home

This 0-bedroom, 0-bathroom residential multi family at 1405 Central Avenue in Alameda, CA is listed for $1,550,000 ($477 per sqft). Built in 1905, the home offers 3,247 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1905
  • 0.17 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 spaces
1905
Listing Description

This turnkey 4-unit property offers 3,247 square feet of living space, in a well-established community in the heart of Alameda on charming tree-lined Central Ave. Residents enjoy easy access to a variety of retail and restaurants. Walk to Franklin Park.

Ideally located near highway 880, bus lines, and ferry for easy commute. Steady rental demand and stability for investors and future appreciation potential. Back of the building features a shared garden area and one assigned parking space for each unit. The property is part of the highly desirable Alameda Unified School District. Bike Score 84 and Walk Score 81. This presents a rare opportunity to own a multi-unit property in one of the most desireable neighborhoods in the Easty Bay.

Monthly Cost Estimate

$8,290/mo

20% down · 6.5% · 30 years

Principal$1,121
Interest$6,717
Insurance$452

Estimates only. Actual payments may vary.

Location

1405 Central Avenue

Alameda, CA 94501

Property Details

Parking

Assigned

Heating

Natural GasElectric (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1405 Central Avenue is listed at $1,550,000 ($477/sqft). The estimated monthly payment is $8,290 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.17 acre lot, 2 stories, 4 parking spaces.

This property is listed by Pierre Malak.

PM

Pierre Malak

License 01374262

Agent at Realty ONE Group, Infinity LLC

Listed by Realty ONE Group, Infinity LLC · Broker phone: (408) 377-2700 · View on Broker Site · Broker website

MLS# ML82047983· Source: MLS Listings, Inc.· 160 days on PropertySimple

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1405 Central Avenue, Alameda, CA 94501

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