1524 Encinal Ave, Alameda, California 94501, Alameda, 94501 - 0 bed, 0 bath
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1524 Encinal Ave
Alameda, California 94501
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,295Sq Ft
7,250Lot Size
Property Price
LIST PRICE$1,400,000
EST. MARKET VALUE
$1,415,728
SUMMARY
This quadruplex represents a High-Potential Investment Opportunity, listed at $1,400,000—positioned well below the $1,415,729 Fair Market Value by 1%. This valuation gap offers $15,729 in Instant Equity. Featuring a Fair Condition Rating, the property includes an 1890 Victorian and a secondary building, offering significant Value-Add potential through modernization. Located near Top-Rated Schools like Franklin Elementary and Alameda High, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in a high-demand market.
Estimated Market Value
$1,415,728
Based on Realkey algorithm analyzing recent comparable sales in Alameda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1524 Encinal Ave Subject 0 bd · 0 ba · 3,295 sqft · $430 | $1,400,000* List Price | 0 | 0 | 3,295 | $430 | - |
A 2135 Buena Vista Ave Sold 0 bd · 0 ba · 3,028 sqft · $528 · 0.9 mi | $1,600,000 | 0 | 0 | 3,028 | $528 | 0.9 mi |
B 1801 Buena Vista Ave Sold 0 bd · 0 ba · 2,700 sqft · $415 · 0.6 mi | $1,120,000 | 0 | 0 | 2,700 | $415 | 0.6 mi |
C 1405 Central Avenue Active 0 bd · 0 ba · 3,247 sqft · $477 · 0.2 mi | $1,550,000 List Price | 0 | 0 | 3,247 | $477 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the 1890 Victorian exterior is well-preserved, the interior images show a mix of older renovations. Visible updates like the electrical panel and hardwood flooring appear to be 15-30 years old. The presence of hollow-core wood doors and basic laminate flooring in secondary units indicates a dated aesthetic that, while functional and move-in ready, will eventually require minor repairs and modern updates to meet current market standards for 'Good' or 'Excellent' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
- Architectural Heritage
Designed by the prominent architect A.W. Pattiani, this 1890 Victorian offers significant historical character and prestige, providing a unique value proposition for collectors of period architecture.
- High-Yield Investment Potential
This quadruplex configuration across two separate buildings on a generous 7,250 sqft lot allows for diversified rental income and flexible management in a high-demand Alameda submarket.
CONSRISKS & DEFICIENCIES
- Historic Maintenance Risks
Built in 1890, the structure may require significant capital expenditure for seismic retrofitting, specialized Victorian restoration, or modernization of aging electrical and plumbing systems.
- Lack of Current Interior Transparency
With marketing photos for three units taken prior to tenant occupancy, the actual current condition of the interiors is unknown, potentially masking deferred maintenance or wear and tear.
About 1524 Encinal Ave
Two buildings with 2 units each. Original Victorian at 1524 Encinal Avenue was built in 1890. It was constructed by the prominent architect and builder A.W. Pattiani and Company as a speculative home for investor Henry Mohns, converted later to 2 units. A second building was later added to the property, adding an additional 2 units. Pictures of units B,C and D were taken prior to tenants’ occupancy.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1890
- Lot Size
- 7,250 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Alameda Unified Schools
Franklin Elementary School
Grades K-5 • 0.1 mi
8/10
Donald D. Lum Elementary School
Grades 4-5 • 0.6 mi
9/10
William G. Paden Elementary School
Grades K-5 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,295 | 2,216.75 |
| Lot Size | 7,250 | 5,603.417 |
| Price | $1.40M | $1.07M |
| Price per sq ft | $425 | $502 |
| Built year | 1890 | 1919 |
| HOA | $0 | $0 |
| Days on market | 10 | 69 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,400,000
Initial Listing