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1622 Fernside Blvd, Alameda, CA 94501

$2,089,468

Last sold 12/27/2024 for $2.05M

5
bed
3
bath
2,716
Sqft ($755/Sqft)

House not for sale

About 1622 Fernside Blvd

Property type House

Neighborhood

Year built 1929

HOA fee $0/month

Lot size 0.27 Acre

Movoto estimate

Parking 3 garage spaces

Rental estimate

Property 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.

Listed by

Listing Agent - Kate McCaffrey

Listing Office - Compass

Source: MAXEBRDI

MLS#41078406 • last updated 1 year ago

Movoto checked MAXEBRDI for data 10 minutes ago

Overview
Cooling/AC	None
Heating	Forced Air
Levels/Style	Two Story, 2, Craftsman
Type	Residential
Status	Sold
SubType	Detached
Living Area	2716
Lot Size (SqFt)	11778
Lot Size (Acres)	0.27
Year Built	1929
Property Condition	Existing

Interior
Total # of Bathrooms	3
# Full Baths	3
# Bedrooms	5
Total # of Rooms	9
Laundry	Dryer, Washer
Kitchen	Counter - Laminate, Counter - Solid Surface, Dishwasher, Eat In Kitchen, Gas Range/Cooktop, Microwave, Pantry, Range/Oven Free Standing, Refrigerator
Flooring	Hardwood, Linoleum, Vinyl
# Fireplaces	2
Appliances	Dishwasher, Gas Range, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer
Fireplace	Living Room

Exterior
Roof	Composition Shingles
Construction	Wood Siding
# Garage Spaces	3
Parking	Detached, Off Street, RV/Boat Parking
Lot Description	Other

Amenities / Utilities
Electricity	No Solar
Water Source	Public
Pool	None

Location
County	Alameda
Subdivision	East End
Directions	High To Fernside
APN	69294

$2.08M

Range: $1.88M-$2.29M

Last 30 days

Rental est.: $10,493/month

• Gross rent multiplier: 16.3

Lower your payment with the loan terms that fit you.

Nov 2024
MLS # 41078406
Nov 7, 2024 Listed
$1,995,000
Nov 7, 2024 Listed
$1,995,000

1622 Fernside Blvd
$2.05M
East End
$1.02M +3% y/y
94501
$1.04M +5% y/y
Alameda
$1.02M +4% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1620 Fernside Blvd, Alameda, CA 94501	$1,342,000	1/2	1,306	0.02
1616 Fernside Blvd #a, Alameda, CA 94501	$1,626,000	3/3	1,994	0.02
1616 Fernside Blvd #b, Alameda, CA 94501	$1,375,600	3/2	1,704	0.02
3367 Fernside Blvd, Alameda, CA 94501	$1,622,100	3/2	2,204	0.03
1616 Fernside Blvd #c, Alameda, CA 94501	$1,745,300	4/2	2,521	0.03
3290 Thompson Ave, Alameda, CA 94501	$1,514,500	3/2	1,597	0.04
1608 Fernside Blvd, Alameda, CA 94501	$1,542,800	3/2	2,261	0.04
3286 Thompson Ave, Alameda, CA 94501	$1,053,100	2/1	1,167	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.