$1,398,000

1572 Lincoln Ave, Alameda, CA 94501

  • 5 beds
  • 3,388 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $413/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
April 25, 2025 at 05:00AM
Listing Office:
Compass : 510-254-3831
Listing Agent:
Jerry Beverly : 925-628-6990
MLS ID:
41094932
  • Basement: None
  • Flooring: LaminateTileCarpet
  • A/C: No Air Conditioning
  • Heating: BaseboardWall FurnaceMultiUnits

This listing courtesy of Jerry Beverly, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Franklin Elementary School

1433 San Antonio Ave, Alameda, CA, 94501

Grades KG-5

0.36 miles away

W

Wood Middle School

420 Grand St, Alameda, CA, 94501

Grades 6-8

0.88 miles away

A

Alameda High School

2200 Central Ave, Alameda, CA, 94501

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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