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.
For sale
Price cut: $50K (7/22)
$1,298,000
1572 Lincoln Ave, Alameda, CA 94501
5beds
4baths
3,388sqft
Est.:
Multi Family, Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$383/sqft
$-- HOA
What's special
- 121 days
- on Zillow |
- 1,005 |
- 65 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 03:42am
Listed by:
Jerry Beverly DRE #01957422 925-628-6990,
Compass
Source: Bay East AOR,MLS#: 41094932

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Baseboard, Wall Furnace, MultiUnits
Cooling
- Multi Units, No Air Conditioning
Appliances
- Laundry: Laundry Room
Features
- Flooring: Hardwood, Laminate, Tile, Carpet
Interior area
- Total structure area: 3,388
- Total interior livable area: 3,388 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Exterior features: Storage
Lot
- Size: 6,098.4 Square Feet
- Features: 2 Houses / 1 Lot, Back Yard, Front Yard, Side Yard, Yard Space
Details
- Parcel number: 7233142
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Wood Siding, Shingle Siding
- Roof: Composition
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
Location
- Region: Alameda
Financial & listing details
- Price per square foot: $383/sqft
- Tax assessed value: $1,026,653
- Date on market: 4/25/2025
- Loading
- Loading