2 months on rocket

1418 Central Ave, Alameda, CA, 94501

$4,400,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Year Built1925
CoolingNone
MLS #41074858
Lot Size0.18 Acres
StatusActive

About 1418 Central Ave

This prime offering at 1418 Central Avenue offers a convenient, central location one-block from Encinal commerce, and eight-blocks south of Webster Street retail, restaurants, shopping and commerce. The property further benefits from it’s central location which is nearly equidistant to Crown Beach, Shoreline. and South Shore Shopping Center. Surrounded primarily by a mix of apartments and single-family-homes on a quiet street, the complex affords tenants the ability to walk to the best offerings of Alameda including South Shore Beach, South Shore Shopping Center, and Park Street. Centrally located in the Bay Area, Alameda South Shore Center is an established open-air shopping center featuring 594,000 square feet of dining, shopping and entertainment destinations. Both residents and visitors alike are drawn not only to the comprehensive variety of national and local restaurants and retailers, but also to the new outdoor family play area, spacious central courtyard and newly renovated building facades. Alameda South Shore Center is the area’s premier family friendly option to shop, dine, play and relax. The subject property sits on a 0.18-acre parcel, constructed circa 1925 (per property records), featuring wood frame with stucco siding, and a flat roof.

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (415) 391-9220
  • Listing Agent: Jon Holmquist

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Cross of Benton and Central. Cross Street: Benton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,400,000

Tax Information:

  • Annual Amount: $31,728
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alameda, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$713

Avg. Days On Market

25

# of Sold Homes

40

1418 Central Ave vs Alameda

82 DAYS ON ROCKET

+57 Days

$4,400,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Alameda, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41074858

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (415) 391-9220
  • Listing Agent: Jon Holmquist

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 26, 1996Home Sold
$402,500

Tax History

YEARPROP. TAXASSESSMENT
2021$31,728$1,455,680
2020$31,727$1,440,761
2019$27,007$1,412,520
2018$26,006$1,384,831
2017$26,006$1,357,682

History based on county public records data.

Payment Calculator

$22K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-956161
7
/10
  • Franklin Elementary School

  • 1433 San Antonio Ave

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-956162
5
/10
  • Love Elementary School

  • 2025 Santa Clara Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-956163
5
/10
  • Paden Elementary School

  • 444 Central Ave

  • 1.24 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,358. Residents of Alameda, CA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1418 Central Ave

What is the listing price of this property?

The listing price of 1418 Central Ave property is $4,400,000.

What type of property is this?

The property 1418 Central Ave is a condo located in Alameda, California, 94501.

Is this property for sale now?

Active Listing: 1418 Central Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $31,728 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 26, 1996 for $402,500. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1418 Central Ave is 1925.
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Rocket HomesCaliforniaAlameda CountyAlameda945011418 Central Ave

This home is located at 1418 Central Ave in Alameda, CA and zip code 94501. This home, which was built in 1925, sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $4,400,000.

Alameda, CA housing market in November 2024 saw over 26 listings sold above listed price, more than 2 sold at listed price and over 10 sold below. The number of homes for sale in Alameda, CA decreased by 25.4% between October 2024 and November 2024. In November 2024 median list price was $1,174,333 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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