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1222 College Ave, Alameda, CA 94501

Sale Price: $1,075,000
Aug 22, 20241,550 sqft4 beds0 baths
Listed by: Sandra Porter
License #: 01204109
Phone #: 510-326-2318
BHHS Drysdale Alameda
Source:
CRMLS Logo
MLS #: 41070175

Property Description

This charming duplex nestled in the highly sought-after East End neighborhood of Alameda presents a golden opportunity for a new owner to revitalize and restore it to its full potential. With the current owners of 35 years ready to pass the torch, this property is brimming with potential for the creative and visionary buyer. While it may require some tender loving care and a bit of elbow grease, the possibilities are endless. Situated on a spacious lot spanning over 11,000 square feet, the property not only offers ample room for expansion and customization but also the potential for subdivision, opening up avenues for additional development. Imagine the endless possibilities of creating a multi-functional living space tailored to your preferences or even constructing another dwelling to enhance the property's value. Whether you are an investor looking for a project with promising returns or a homeowner eager to customize your dream space, this duplex presents a canvas for your imagination to run wild. Embrace the opportunity to breathe new life into this diamond in the rough, unlocking its hidden potential and transforming it into a gem in Alameda's coveted real estate market. Access to Parking at Rear of property is Via Madison Street.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,870

TurboHome Estimated Value

$1,029,000

$664 sqft

High Valuation
$1,080,450
$697/sqft
Normal Valuation
$1,029,000
$664/sqft
Low Valuation
$977,550
$631/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$664/sqft$1,029,000

Neighborhood: EAST END

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Comparative Value

$975K

$1.00M

$1.07M

$1.12M

$1.38M

1342 Broadway, Alameda, CA 94501

Sale Price: $975,000

Selected Comparable

1222 College Ave, Alameda, CA 94501

List Price: $1,000,000

Subject Property

1222 College Ave, Alameda, CA 94501

Sale Price: $1,075,000

Selected Comparable

3107 Fernside Blvd, Alameda, CA 94501

Sale Price: $1,120,000

Selected Comparable

1361 Versailles Ave, Alameda, CA 94501

Sale Price: $1,135,000

Selected Comparable

2515 Encinal Ave, Alameda, CA 94501

Sale Price: $1,380,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1222 College Ave, Alameda, CA 94501

1222 College Ave, Alameda, CA 94501

List: $1,000,000

Listed: 8/22/2024

Area:1,550 sqft
Price/sqft:$645
Beds:4
Baths:
Year Built:
Lot Size:11,313

Comparable Properties

COMPARABLE
Choose comps
1222 College Ave, Alameda, CA 94501

1222 College Ave, Alameda, CA 94501

Sale: $1,075,000

10/28/20240.00 mi

Area:1,550 sqft
Price/sqft:$694
Beds:4
Baths:
Year Built:
Weight:24.5%
1361 Versailles Ave, Alameda, CA 94501

1361 Versailles Ave, Alameda, CA 94501

Sale: $1,135,000

11/15/20240.21 mi

Area:1,524 sqft
Price/sqft:$745
Beds:4
Baths:
Year Built:
Weight:23.7%
3107 Fernside Blvd, Alameda, CA 94501

3107 Fernside Blvd, Alameda, CA 94501

Sale: $1,120,000

11/15/20240.75 mi

Area:1,976 sqft
Price/sqft:$567
Beds:4
Baths:
Year Built:
Weight:18.1%
2515 Encinal Ave, Alameda, CA 94501

2515 Encinal Ave, Alameda, CA 94501

Sale: $1,380,000

3/13/20250.29 mi

Area:1,466 sqft
Price/sqft:$941
Beds:3
Baths:1
Year Built:
Weight:17.0%
1342 Broadway, Alameda, CA 94501

1342 Broadway, Alameda, CA 94501

Sale: $975,000

11/22/20240.26 mi

Area:1,508 sqft
Price/sqft:$647
Beds:3
Baths:1
Year Built:
Weight:16.6%

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