Side-by-Side Duplex with
New
For Sale
$750,000
2069 Lincoln Ave., Alameda, CA 94501
Both residences have one bedroom, one bathroom, and an attached garage.
Property Size1,536 SF
Days on Market5
Property Features for 2069 Lincoln Ave.
General Information
Standard status
Active
Size
1,536 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Bronze Coast
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Parking per Unit
1
Amenities
fire place
automatic sprinkler system
Building Details
Building Size
1,536 SF
Year Built
1940
Buildings
1
Listing Agency:
Lindsey Properties, Inc
Listed By:
T. Moon Tam
(510) 593-4280
Source:
Coastandcore
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 4:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lindsey Properties, Inc
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Investment Insights
Based on property information with market context.
Built in 1940, this split-level duplex contains two side-by-side residences, each with one bedroom, one bathroom, and an attached one-car garage. A fireplace is located in a living room, and the electrical service has a new panel. The property also has an automatic sprinkler system in the front yard and a backyard suitable for outdoor use or storage.
The duplex is near Alameda’s Park Street business district, with shopping and dining in the area.
The duplex is near Alameda’s Park Street business district, with shopping and dining in the area.
Key Highlights
- Two side‑by‑side units, each with 1 bedroom and 1 bathroom
- Attached one‑car garage for each unit
- Built in 1940; split‑level configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,556
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,120
$1.0M
Cap Rate 7%
$736,514
$736.5K
Cap Rate 9%
$572,844
$572.8K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$78.3K $51.00/SF
− Vacancy
−$4.7K −$3.05/SF
EGI
$73.7K $47.95/SF
− OpEx
−$22.1K −$14.39/SF
NOI
$51.6K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,120
Cap Rate 7%
$736,514
Cap Rate 9%
$572,844
Alternative Uses
Best Use
Multifamily LT 5
$736.5K
$644.5K – $859.3K
NOI $51,556 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$317.9K
$278.1K – $370.9K
NOI $22,251 @ 7.0% cap · market cap 2.97%
Theoretical Best
Retail
$7.00M
$6.13M – $8.17M
NOI $490,178 @ 7.0% cap · market cap 65.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,426
Businesses Nearby
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Business Placement
Demographics for 94501, CA
64,116
Population
27,117
Households
2.4
Avg Household Size
41
Median Age
58%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
8,015
Density / Sq Mi
$119,500
Median Household Income
$75,514
Median Earnings
$2,362
Median Rent
$1,213,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have one bedroom, one bathroom, and an attached garage.
Where is this duplex located?
The property is located at 2069 Lincoln Ave. Alameda, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 1 bedroom and 1 bathroom; Attached one‑car garage for each unit; Built in 1940; split‑level configuration
