343 Lincoln Ave, Alameda, California 94501, Alameda, 94501 - bed, bath
ACTIVE$1,098,000
343 Lincoln Ave, Alameda, California 94501
0Bed
0Bath
Sqft
7,200Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is classified as a Residential Income Duplex, offering immediate potential for rental income and a solid investment opportunity.
Top Cons:
Historic Age (1890): Built in 1890, the property's significant age suggests potential for outdated systems (plumbing, electrical), higher maintenance costs, and the need for substantial modernization.
Compared to the nearby listings
Price:$1.10M vs avg $1.19M ($-88,500)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1890 (135 years old).
Condition: Built in 1890, this property's exterior exhibits significant signs of age and deferred maintenance, including peeling paint, weathered wood siding, and visibly old windows. Given its age and the lack of interior images, it is highly probable that the kitchen, bathrooms, and all major systems (electrical, plumbing, HVAC) are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards for safety and comfort. The property likely has significant defects affecting its overall condition.
Year Built
1890
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41084680
Home ConditionPoor
Features
Good View:
View-
About this home
Views: Downtown
Nearby schools
5/10
William G. Paden Elementary School
Public,•K-5•0.3mi
4/10
Ruby Bridges Elementary School
Public,•K-5•0.4mi
6/10
Henry Haight Elementary School
Public,•K-5•2.0mi
5/10
Will C. Wood Middle School
Public,•6-8•1.6mi
7/10
Encinal Junior/Senior High
Public,•6-12•0.2mi
Condition Rating
Poor
Built in 1890, this property's exterior exhibits significant signs of age and deferred maintenance, including peeling paint, weathered wood siding, and visibly old windows. Given its age and the lack of interior images, it is highly probable that the kitchen, bathrooms, and all major systems (electrical, plumbing, HVAC) are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards for safety and comfort. The property likely has significant defects affecting its overall condition.
Pros & Cons
Pros
Income-Generating Duplex: The property is classified as a Residential Income Duplex, offering immediate potential for rental income and a solid investment opportunity.
Desirable Downtown Views: The listing explicitly highlights 'Downtown Views,' which enhances the property's aesthetic appeal and market value.
Generous Lot Size: With a lot size of 7200 sqft, the property offers ample outdoor space, a valuable asset in an urban setting like Alameda.
Proximity to Highly-Rated High School: Encinal Junior/Senior High, a highly-rated school (7/10), is conveniently located just 0.25 miles away, making it attractive for families.
Prime Alameda Location: Situated in Alameda's West End, the property benefits from being in a desirable Bay Area city known for its community and amenities.
Cons
Historic Age (1890): Built in 1890, the property's significant age suggests potential for outdated systems (plumbing, electrical), higher maintenance costs, and the need for substantial modernization.
Sparse Property Description: The listing provides a very brief description, lacking crucial details about the interior condition, number of bedrooms/bathrooms, recent upgrades, or specific features, which can deter potential buyers.
Unusual On-Market Date: The 'on_market_date' is listed as 2025-02-04, which is in the future. This data anomaly could indicate a pre-listing, a data entry error, or a long lead time, potentially causing confusion or uncertainty for prospective buyers.