Spacious centrally located 5-unit property with multiple vacancies brimming with style and opportunity. Vacant detached 2-bed, 1-bath cottage in back with quad in front, offering two 1-bed units and two 2-bed units, the larger of which was updated in 2021 with new waterproof laminate flooring, kitchen countertops, cabinets, and gas stove. Ground floor vacant 1BR is ADA accessible. SFR features an open floor plan with central heating and AC, crown moldings, large dining room, newer kitchen with electric washer and dryer under solid countertops, dishwasher, gas stove and recessed lighting. Carpeted bedrooms are quiet and serene as the entire home is set far back from the street. Bath redone beautifully in 2010. BONUS- Garden room is set up as a family room that opens onto the private back patio and converted garage offers workspace/guest quarters. Entire building recently rewired to 400 amp service and new exterior paint throughout. Wall furnaces in all four units. Separately metered for gas and electric. One off-street parking space for each unit. Sewer compliant. Located near up-and-coming commercial area with new Savoy Market as well as multiple bus lines, and close to West End business district, parks, schools, ferry, and all that Alameda has to offer. Don't miss this one!
Sold for $1,415,000 on 12/06/24
$1,415,000
1516 Sherman St, Alameda, CA 94501
7beds
4baths
3,811sqft
Multi Family
Built in 1965
-- sqft lot
$1,665,800 Zestimate®
$371/sqft
$2,682 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 07, 2024 at 02:13am
Listed by:
Steve Cressy DRE #00765911 510-908-9018,
Bhhs Drysdale Properties,
Colin Blake DRE #02172587 415-676-8916,
Bhhs Drysdale Properties
Bought with:
Ryan Dunn, DRE #01383592
Coast + Co Real Estate
Source: Bay East AOR,MLS#: 41073216
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Forced Air, Wall Furnace
Cooling
- See Remarks
Appliances
- Included: Dishwasher
Features
- Updated Baths, Updated Kitchen, Shower Stall(s), Tub w/Shower Over
- Flooring: Laminate, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,811
- Total interior livable area: 3,811 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Parking Lot, Space Per Unit - 1
Features
- Patio & porch: Patio, Enclosed, Balcony/Patio
- Exterior features: Garden
Lot
- Size: 7,405 sqft
- Features: Level, Back Yard
Details
- Parcel number: 7234627
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Masonite, Stucco
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Double Strapped Water Heater
Location
- Region: Alameda
HOA & financial
Other financial information
- Total actual rent: 39300
Other
Other facts
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,665,800