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PENDING

2508-2506 San Jose Avenue, Alameda, CA 94501$1,375,000

5
beds
1
bath
2837
ft2
· 3900
ft2 lot
$485 / ft2

Listing provided courtesy of Carlos Jose Jimenez, Carlos Jose Jimenez
Source San Francisco MLS;
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PRICE REDUCTION!!! Come take advantage of this $70K price reduction. This is a great opportunity to own a triplex in Alameda with a vacant 2 bedroom/2 bath unit and monthly rental income from two 1 bedroom/1 bath tenant occupied units. Total of 4 bedrooms | 4 bathrooms |~2,800sf + additional rooms and bathroom at rear of garage. Fantastic triplex opportunity to have a large, (~1,200+sf) 2-bedroom | 2-bath | 2-garage property | private en-suite laundry room | income from two 1-bedroom | 1-bath units. Rear room and bathroom behind garage may provide future potential income. Property offers a convenient lifestyle due to its location between Park St. and Broadway, and its proximity to Encinal Avenue. This centrally located property in Alameda is perfect for both commuters who have multiple cars (parking for 4 vehicles) and for those who prefer local nearby transit and easy walking distances to food and entertainment. For more information: https://bit.ly/3ABd0

HOA

$0/month

On market

3 months

Year built

1940

Property type

Multi-Family

Parking

4

MLS

421601406

Price / Sq.Ft.

$485 / ft2

Status

Pending

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Home details for 2508-2506 San Jose Avenue

Interior Features & Layout
Appliances
•   
Kitchen Appliances: Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
•   
Laundry Appliances: In Common Area, Laundry Closet, Varies by Unit, Washer/Dryer Hookups, Washer/Dryer Owned
•   
Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Secured Access, Smoke Detector, Varies By Unit
Interior Features
•   
Patio And Porch Features: Covered Patio, Varies by Unit
•   
Interior Features: Formal Entry
•   
Window Features: Varies by Unit
Rooms Info
•   
Furnished Units: All Units
•   
Total Levels: Three, 3
•   
Total Rooms: 13
Building Info
•   
Total Floors: 3
Virtual Tour
•   
Virtual Tour Link
Heating & Cooling
•   
Heating Details: Gas, Wall Furnace
Flooring
•   
Flooring: Carpet, Linoleum
Property, Lot, Community & Exterior Features
Property Type
•   
Property Subtype 1: Triplex
•   
Mls Property Type: Residential Income
Community Info
•   
Total Owner Occupied Units: 1
•   
Number Buildings: 1
•   
Total Units: 3
•   
Vacant Units: 1
Parking Info
•   
Parking Features: Garage
•   
Open Parking Spaces: 0.00
•   
Covered Spaces: 0.00
•   
Carport Spaces: 0.00
Building Info
•   
Building Sub Type: Apartments
•   
Zoning: Residential
•   
Style: Edwardian, Tudor
•   
Foundation: Concrete, Slab
•   
Roof: Shingle
•   
Construction Materials: Brick, Concrete, Wood Siding
Property Features
•   
View: Varies by Unit
•   
Irrigation: Meter on Site
•   
Property Condition: Varies by Unit
•   
Exterior Features: Fenced Yard
Lot Info
•   
Lot Size Measurement: SqFt
•   
Elevation Units: Feet
•   
Lot Description: Curbs/Gutters, Garden, Landscape Back, Landscape Front, Shape Regular, Sidewalk
•   
Acres: 0.0895
Utilities & Other Information
Water & Sewer Info
•   
Water Source: Meter on Site, Public, Water District
•   
Sewer: Public Sewer, Sewer Connected & Paid, Sewer in Street
Utilities
•   
Separate Meters: Electricity, Gas, Varies by Unit
•   
Utilities: Natural Gas Connected
•   
Electric: 220 Volts
Listing Details, Costs & Financing Information
Lease Info
•   
Total Leasable: 3
•   
Lease Term: Month To Month
•   
Lease Type: Net
Terms
•   
Possession: Close Of Escrow, See Remarks
•   
Terms: 1031 Exchange
Listing Contacts
•   
Listing Office Mlsid: JMNZ
•   
Co Listing Agent Mls Id: 812809
•   
Listing Agent Mlsid: 811322
•   
Co Listing Office Mls Id: JMNZ
Financial Info
•   
Gross Rent Multiplier: 42.97
•   
Cap Rate: 2.33
•   
Gross Income Multiplier: 0.000
Tax/Assessment Info
•   
Tax Year: 2021
•   
County Transfer Tax Rate: 0.00
•   
City Transfer Tax Rate: 0.00
•   
Taxes: 14959.68
Listing Info
•   
On Market Date: 2021-10-15
•   
Listing Rid: 530341752
•   
Status: Pending
•   
Special Listing Conditions: Offer As Is
•   
Mls Status: Pending
•   
Mls Num Display: 421601406
Listing Details
•   
Originating Mls: San Francisco
Multi Unit Information
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Sqft Source: Not Measured
•   
Unit 1 Approx Sqft: 1200
•   
Unit 1 Description: 2bed/2bath
Unit 3 Information
•   
Unit 3 Rent: 1600
•   
Unit 3 Rooms: 3
•   
Unit 3 Description: 1bed/1bath
•   
Unit 3 Full Bathrooms: 1
•   
Unit 3 Bedrooms: 1
Unit 2 Information
•   
Unit 2 Rent: 1063
•   
Unit 2 Sqft Source: Not Measured
•   
Unit 2 Approx Sqft: 700
•   
Unit 2 Description: 2bed/2bath
•   
Unit 2 Bedrooms: 2
General Info
•   
No. Of 1 Bedrooms Occupied: 2
•   
No. Of 2 Bedrooms Units: 1
•   
No. Of 1 Bedrooms Units: 2
•   
Number Of Units Month To Month: 2
Multi Unit Information
•   
Number Of Units Leased: 2
School Neighborhood & Directions
Location
•   
Street Address Complete: 2506-2508 San Jose Ave, Alameda, CA 94501
•   
Cross Street: Broadway
•   
Area: 2901
•   
Census Tract: 0.00
School Info
•   
Elementary School District Name: Alameda Unified
•   
Senior High School District: Alameda Unified
•   
Directions: From San Francisco Continue to I-80 E 14 min (2.5 mi) Continue on I-80 E. Take I-880 S to Elmwood Ave in Oakland. Take exit 39A from I-880 S 12 min (12.3 mi) Take Fruitvale Ave and Broadway to San Jose Ave in Alameda 6 min (1.6 mi) 2506 San Jose Ave Alameda, CA 94501
•   
Middle Or Junior School District: Alameda Unified
•   
School District: Alameda
Other
Calculation
•   
Dom: 91
•   
Price Per Sqft: 484.67
•   
Price Per Acre: 15363128.49
•   
Cdom: 91

Neighborhood snapshot

14
Properties for sale
12
Median days on market
$724.39
Median sold price/sqft
115.38%
Sold/List %
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Property History for 2508-2506 San Jose Avenue

01/14/2022
01/14/2022
San Francisco MLS #421601406
pending
San Francisco MLS #421601406
$1,375,000
01/06/2022
01/06/2022
San Francisco MLS #421601406
active
San Francisco MLS #421601406
$1,375,000
--4.84%
11/20/2021
11/20/2021
San Francisco MLS #421601406
active
San Francisco MLS #421601406
$1,445,000
--3.34%
07/20/2021
07/20/2021
San Francisco MLS #421601406
active
San Francisco MLS #421601406
$1,495,000
+86.88%
10/20/2005
10/20/2005
Public Record
sold
Public Record
$800,000

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