1622 Fernside Blvd, Alameda, CA 94501

$1,995,000 Asking Price

5 beds
3 baths
2,716  sqft
Built in 1929

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.

Features & Amenities

Interior

General:
Eat-in Kitchen
Appliances:
Dryer,Washer
Flooring:
Laminate,Vinyl,Wood
A/C:
false, None
Heating:
true, Forced Air
Fireplace:
Living Room, Fireplace

Exterior

Style:
Craftsman
Pool:
None
Parking:
Garage,Off Street,RV Access/Parking, Parking spaces: 3

Construction

Roofing:
Shingle
General:
Wood Siding, 2

Location

Originating MLS:
CRMLS
County:
Alameda

Lot

Zoning:
69294

Utilities

Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Compass, Kate McCaffrey

About Alameda, CA

Housing

Number of Units
33,909
Median Home Value
$940,957
Median Rent
$1,793

51.75% of housing units are renter occupied.

5.98% are vacant.

Commute

Car
40.60%
Public Transportation
13.03%
Walk to Work
2.27%
Work from Home
41.57%
Other
0.65%

The median travel time to work is 22 minutes.

People

Population
76,707
Median Age
40.20
Median Household Size
2.70

Education

High School
11.48%
Associate’s Degree
5.76%
Bachelor’s Degree
35.27%
Graduate Degree
22.61%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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