Property profile

2429 Central Ave Alameda, CA 94501

OFF-MARKET
Investment properties
Property ID
US09-7999779
5,072 SF 0.15 ac lot Built 1890
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Construction WOOD
Total area 5,072 SF
Lot 0.15 ac (6,481 SF)
APN 70-187-10
UPID US09-7999779

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2429 Central Ave Alameda, CA 94501-4532
Alameda metro Census 428100 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.58M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.14M

Owner & transaction history

since 2018
6 recorded transactions
2018
$1.5M
2014
$1.3M
2006
$890,000
1999
$371,000
1992
$15,000
1989
$422,500

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.6M +19.1%
Apartment house (5+ units) $1.5M +11.3%
Retail stores $1.4M +5.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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