1620 Santa Clara Ave, Alameda, California 94501, Alameda, 94501 - 0 bed, 0 bath
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1620 Santa Clara Ave
Alameda, California 94501
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,046Sq Ft
6,723Lot Size
Property Price
LIST PRICE$1,375,000
EST. MARKET VALUE
$1,345,249
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,375,000—positioned slightly above the $1,345,250 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 1885 vintage charm offer significant value-add potential. Located in a prime Alameda neighborhood with proximity to Top-Rated Schools like Alameda High (9/10) and Donald D. Lum Elementary (9/10), the property ensures strong tenant demand. Featuring a large yard and on-site laundry, this is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking long-term rental growth.
Estimated Market Value
$1,345,249
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 |
|---|---|---|---|---|---|---|
★ 1620 Santa Clara Ave Subject 0 bd · 0 ba · 3,046 sqft · $442 | $1,375,000* List Price | 0 | 0 | 3,046 | $442 | - |
A 2135 Buena Vista Ave Sold 0 bd · 0 ba · 3,028 sqft · $528 · 0.7 mi | $1,600,000 | 0 | 0 | 3,028 | $528 | 0.7 mi |
B 1801 Buena Vista Ave Sold 0 bd · 0 ba · 2,700 sqft · $415 · 0.3 mi | $1,120,000 | 0 | 0 | 2,700 | $415 | 0.3 mi |
C 1822 Clinton Ave Sold 0 bd · 0 ba · 3,670 sqft · $450 · 0.5 mi | $1,650,000 | 0 | 0 | 3,670 | $450 | 0.5 mi |
D 1524 Encinal Ave Active 0 bd · 0 ba · 3,295 sqft · $425 · 0.3 mi | $1,400,000 List Price | 0 | 0 | 3,295 | $425 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1885, this 139-year-old quadruplex appears well-maintained externally; however, the listing lacks mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric). Marketed as an 'investment opportunity,' it likely features dated interiors and systems exceeding 20 years of age, requiring modernization to achieve top market rents.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
- Prime Central Location
Situated in the heart of Central Alameda, the property offers exceptional walkability to local shops, restaurants, and public transportation, ensuring high tenant demand and low vacancy rates.
- Multi-Unit Income Potential
This four-unit quadruplex provides a versatile investment opportunity in a stable rental market, complemented by value-add features like a large yard and on-site coin-operated laundry facilities.
CONSRISKS & DEFICIENCIES
- Historic Building Maintenance
Originally constructed in 1885, the property may require substantial ongoing maintenance, structural updates, or modernization of aging utility systems to meet current building codes.
- Potential Capital Expenditures
Given the age of the structure, investors should anticipate higher initial capital outlays for potential repairs or seismic retrofitting common in older Alameda multi-unit residences.
About 1620 Santa Clara Ave
Excellent opportunity to own a four-unit income property in a desirable Alameda location with convenient access to public transportation, local shops, restaurants, and neighborhood amenities. The property features a large yard and on-site coin-operated laundry, offering additional convenience for residents. With four separate units, this property presents an appealing opportunity for investors looking to expand their portfolio and capitalize on Alameda’s established rental market. A versatile multi-unit property in a great location with long-term investment potential.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1885
- Lot Size
- 6,723 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 • 0.3 mi
8/10
Henry Haight Elementary School
Grades K-5 • 0.4 mi
6/10
Donald D. Lum Elementary School
Grades 4-5 • 0.8 mi
9/10
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 | 3,046 | 2,216.75 |
| Lot Size | 6,723 | 5,603.417 |
| Price | $1.38M | $1.07M |
| Price per sq ft | $451 | $502 |
| Built year | 1885 | 1919 |
| HOA | $0 | $0 |
| Days on market | 8 | 69 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,375,000
Initial Listing