Movoto Real Estate
Sold on 11/02/2023
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2507 Clement Ave, Alameda, CA 94501

$1,435,000

Last sold 11/02/2023 for $1.49M

  • —

    bed

  • —

    bath

  • 3,452

    Sqft ($432/Sqft)

Multi-family not for sale

About 2507 Clement Ave

Property type Multi-family
Neighborhood
Year built 1915
HOA fee $0/month
Lot size 7,027 Sqft
Movoto estimate
Rental estimate
Property description
Great condition and high income earner in much sought after Alameda. This listing comprises two duplexes, the first (2501 & 2503 Clement) having two one-bedroom units, and the second (2507 & 2509 Clement) having two two-bedroom units. All units have one bath. Recent renovation and upgrades to multiple units include all new permitted 220v electrical wiring throughout, new baseboard heaters throughout, new electric water heaters, and many other upgrades. Tenants are stable and pay on time, and one two-bedroom unit likely vacant soon presents the opportunity to charge full market rate. Most recently leased unit has new carpet, paint, appliances, kitchen, and bath. Supreme walkability to super market (Nob Hill Foods), as well as downtown Alameda with its shops, restaurants, theatre, and other services. Excellent school district. Easy commute to freeway or BART (less than a mile away across Fruitvale Bridge). This pair of duplexes are ready to pass on to the next lucky investor. Please note that official address with the County is 2507 Clement, but the unit addresses are 2501 - 2509 Clement.
Listed by
Listing Agent - Steve Cressy
Listing Office - BHHS Drysdale Properties
Source: MAXEBRDI mls logo
MLS#41036079 • last updated 2 years ago
Movoto checked MAXEBRDI for data 6 minutes ago
Overview
Cooling/AC No Air Conditioning
Heating Wall Furnace
Type Residential Income
Status Sold
SubType Quadruplex
Living Area 3452
Lot Size (SqFt) 7027
Lot Size (Acres) 0.16
Year Built 1915
Interior
Flooring Hardwood, Linoleum, Carpet
Appliances Gas Water Heater
Exterior
Roof Composition Shingles
Construction Stucco, Frame
Parking Off Street
Lot Description 2 Houses / 1 Lot, Corner Lot, Level
Amenities / Utilities
Water Source Public
Location
County Alameda
Subdivision Alameda
Elementary School District Edison Elementary
High School District Alameda (510) 748-4000
Directions Corner Of Clement & Everett
APN 7001961
$1.43M
Range: $1.19M-$1.67M
Last 30 days 
Rental est.: $2,030/month
Gross rent multiplier: 61.2
  • Nov 2023
    mls logo MLS # 41036079
  • Nov 2, 2023 Sold
    $1,490,000
  • Aug 29, 2023 Pending
    —
  • Aug 15, 2023 Listed
    $1,490,000
  • Oct 2023
    Public Records
  • Oct 31, 2023 Sold
    $1,490,000
  • Year Property taxes Tax assessment
  • 2024
    $22,477 +201.0%
    $1,490,000 +458.47%
  • 2023
    $7,468 +1.9%
    $266,801 +2.0%
  • 2022
    $7,328 +1.9%
    $261,570 +2.0%
  • 2021
    $7,190 +1.2%
    $256,442
  • 2020
    $7,105 +17.4%
    $256,442 +1.04%
  • 2019
    $6,054 +2.1%
    $253,813 +2.0%
  • 2018
    $5,927 +4.0%
    $248,836 +4.04%
  • 2016
    $5,698 +0.7%
    $239,175
  • 2015
    $5,657
    —
  • 2507 Clement Ave
    $1.49M
  • East End
    $999K 0% y/y
  • 94501
    $999K 0% y/y
  • Alameda
    $999K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
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Source: GreatSchools.org © 2026. All rights reserved.

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