Property profile

641 Central Ave Alameda, CA 94501

OFF-MARKET
Investment properties
Property ID
US09-8430475
1,909 SF 0.06 ac lot Built 1905
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1905
Construction WOOD
Total area 1,909 SF
Lot 0.06 ac (2,750 SF)
APN 74-426-8
UPID US09-8430475

Cap rate & NOI

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

Location

641 Central Ave Alameda, CA 94501-3816
Alameda metro Census 427700 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
$722k
Blend (final) Blend
$1.15M

Owner & transaction history

since 2024
Last sale
$1.2M
7 recorded transactions
2024
$1.2M
2018
$465,000
2018
Price N/A
2018
Price N/A
2000
Price N/A
1994
Price N/A
1994
$185,000

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $810,000 +57.2%
Medical building $755,000 +46.3%

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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