Prevu by reAlpha
BuySellBlogBrowse Listings

1405 Central AvenueAlameda, CA 94501

For Sale

$1,599,000

Smart Buyer Rebate $15,990

This turnkey 4-unit property offers 3,247 square feet of living space, in a well-established community in the heart of Alameda on charming tree-lined Central Ave. Residents enjoy easy access to a variety of retail and restaurants. Walk to Franklin Park. Ideally located near highway 880, bus lines, and ferry for easy commute. Steady rental demand and stability for investors and future appreciation potential. Back of the building features a shared garden area and one assigned parking space for each unit. The property is part of the highly desirable Alameda Unified School District. Bike Score 84 and Walk Score 81. This presents a rare opportunity to own a multi-unit property in one of the most desireable neighborhoods in the Easty Bay.

Listed by Pierre Malak

·

License #01374262

·

Realty One Group Infinity

·

408-807-3409

Last updated July 30, 2026

·

Source: MLSListings #ML82047983

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest End
  • Days on Prevu73
  • Taxes$20,000/year
  • Size3,247 sqft
  • Price per sqft$492

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/29/2026
Price Decreased
$1,599,000
07/11/2026
Price Decreased
$1,699,000
05/20/2026
Listed by Realty One Group Infinity
$1,799,000

Property Details for 1405 Central Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Year Built: 1905
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,247
  • Lot Size Area: 7,492
  • Lot Size Source: Other
  • Lot Size Square Feet: 7,492
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.58
  • Gross Income: $101,508.00
  • Operating Expense Includes: Trash, Water/Sewer

Taxes

  • Parcel Number: 072-0344-019
  • Tax Annual Amount: $20,000.00

Interior

Measurements

  • Living Area: 3,247

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces, Common Parking Area
  • Parking Total: 4

Schools

Elementary School

  • Elementary School District: Alameda City Unified

High School

  • High School District: Alameda City Unified

Utilities

Equipment

  • Heating: Electric, Gas
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1405 Central Avenue.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 1405 Central Avenue.

What are the annual taxes for 1405 Central Avenue?

Annual taxes for this multi-family home are estimated at $20,000.

How does 1405 Central Avenue compare to other multi-family homes in West End?

This multi-family home is listed 18% above the average price for multi-family homes in West End and has been on the market for 12 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,247 sqft.

1405 Central Avenue is a -bedroom multi-family home for sale in Alameda CA 94501. On Prevu for 73 days at $1,599,000. This includes a recent price decrease of $100,000. This home features 3,247 square feet of living space, located in West End. The median listing price for multi-family homes in this area is $977,000. The home offers pets allowed and parking. Explore more multi-family home listings in Alameda.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/30/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.