$1,995,000
For Sale

1622 Fernside Blvd

Alameda, CA 94501
2716 sqft | 5 beds | 3 baths | 0.27 acres | #41078406
Listing OfficeCompass
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Type:Purchase
Structure:House
Zone:Residential

Description

Incredible opportunity for the right buyer or investor! Situated on an 11,778 lot with an additional large area of leased waterfront land on the San Leandro Bay, this current multi-family residence provides unparalleled potential in a highly desirable Alameda location. The primary home was built in 1929 (per tax records) and is currently divided into two separate dwellings: a lower level 2BR, 1BA, living room and large kitchen, and an upper level with 3 BR, 2BA, living + dining rooms, and an eat-in kitchen. The home has great potential to investigate further development opportunities but requires TLC. A detached garage behind the house is large enough for 3 vehicles (641 SF). A separate 989-SF waterfront cottage is part of a long term tidelands lease which provides an incredible waterfront location. Buyer/Investor to investigate potential development possibilities given the size, location and accessibility of the lot. This property provides an extremely rare residential purchase opportunity in one of Alameda's most sought-after neighborhoods.

  • Interior Details
      • InteriorEatInKitchen
    • Beds & Baths
      • Bedrooms5
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Lot DescriptionBackYard, FrontYard
    • Measurements
      • Acres0.2704
      • Square Feet2716
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1929
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • SubdivisionEAST END
    • Location
      • CountyAlameda
  • Financial Details
      • Original List Price$1,995,000
  • Other
      • MLS #41078406

Location

Christopher PereaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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