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1021 Lincoln Avenue

Alameda, CA 94501

Status
Sold
Price
$1,300,000
Bedrooms
4
Bathrooms
2.5

Always Fresh. Forever Original. First time in 70 years on the market. 1021 Lincoln is a well-loved and maintained multi-unit building located in the highly coveted west end neighborhood of Alameda. The Colonial Revival 2-unit building consists of (1) 2-bedroom 1.5-bathroom and (1) 2-bedroom 1-bathroom units. Both units are impeccable and share a lot of the old world charm amongst modern amenities. Unit-A features coved ceilings, extensive Ginger, Emtek hardware, restored, original woodwork, classic built-ins, updated bathrooms, in-unit laundry, an eat-in kitchen, access to the top floor, partially finished attic space, and two generously large bedrooms all amid wood floors. Unit-B offers two large bedrooms, a superb living room space, and in-unit laundry. Additional building features include a Mul-T-Lock system, exceptional paint quality, dual pane windows, an unfinished basement area, a two-car garage, and a huge private lot with year-round foliage privacy screen, Japanese maple trees, tangerine and lemon trees, and a standout driveway gate. Located in the vibrant West End of Alameda, take a walk to Crab Cove, Alameda’s Crown State Memorial Beach, known for windsurfing, stand up paddling, walking, biking, and, of course, a casual beach day. Or stroll down to local restaurants, lounges, and stores on Webster Street. Additionally, enjoy easy access off the island via the Trans-Bay Ferry and bus lines and the Posey Tube. For a private tour, contact Jose by voice or text at 510-523-5673 or email jose@cerdazein.com

***Huge upside potential. Although limited to the city’s allowable rent increase (currently set at 1% as of 1-2021), below is a list of current and projected rents should current resident move out, and rents can reset: 

Unit A: 2-bed 1.5-bath (Vacant) (Projected – $2500 – $3000)
Unit B: 2-bed 1-bath @ 1953 (Projected – $2200-$2700)

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Location

1021 Lincoln Avenue, Alameda, CA 94501

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