1059 Santa Clara Ave, Alameda, California 94501, Alameda, - bed, bath
ACTIVE$999,999
1059 Santa Clara Ave, Alameda, California 94501
0Bed
0Bath
Sqft
5,730Lot
Year Built
1885
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41108177
Home ConditionTear down
Features
Deck
Patio
View-
About this home
Calling all ! Contractors this is it. A home to remodel or Multiple unit recreation ! Most all updates done but not verified. Your due diligence should include investigation of all past, and present permits, and Process's.
Nearby schools
8/10
Franklin Elementary School
Public,•K-5•0.4mi
9/10
Donald D. Lum Elementary School
Public,•4-5•0.8mi
6/10
Henry Haight Elementary School
Public,•K-5•0.9mi
5/10
William G. Paden Elementary School
Public,•K-5•1.0mi
5/10
Will C. Wood Middle School
Public,•6-8•0.7mi
9/10
Alameda High School
Public,•9-12•1.2mi
7/10
Encinal Junior/Senior High
Public,•6-12•1.3mi
Price History
Date
Event
Price
08/14/25
Listing
$999,999
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (14 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 5,730 | 5,550 | 53% |
| Price | $1,000K | $1.29M | 33% |
| Price per square foot | $0 | $0 | |
| Built year | 1885 | 1906 | 13% |
| HOA | |||
| Days on market | 83 | 145 | 40% |
Condition Rating
Tear down
Built in 1885, this property is over 50 years old and shows extensive signs of severe neglect and disrepair, with no apparent major renovations in decades. The description explicitly targets 'Contractors' for a 'remodel or Multiple unit recreation,' indicating the immense scope of work required. Images reveal significant wall damage (peeling plaster, exposed surfaces), severely worn and damaged hardwood floors, and an extremely outdated bathroom with a basic, worn sink and vanity. No modern kitchen is visible. The overall condition suggests the property is unlivable in its current state, and its value is primarily in the land and redevelopment potential, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
Significant Income Potential: As a Quadruplex, the property offers substantial rental income opportunities, appealing to investors seeking multi-unit revenue streams.
Prime Redevelopment Opportunity: Explicitly marketed to contractors for remodeling or 'Multiple unit recreation,' indicating high potential for value addition through significant renovation or redevelopment.
Historic Architectural Character: Built in 1885, the property possesses inherent historic charm and architectural character, which can be restored and leveraged for unique appeal.
Desirable Alameda Location: Situated in Alameda, a sought-after Bay Area city known for its unique island community, amenities, and convenient access to Oakland and San Francisco.
Access to Highly-Rated Schools: Proximity to top-rated public schools such as Alameda High (rating 9) and Franklin Elementary (rating 8) enhances its appeal to families.
Cons
Extensive Renovation Required: The property is explicitly presented as a project for contractors, implying significant and potentially costly renovation work is necessary to bring it to modern standards.
Unverified Updates & Due Diligence Burden: The listing notes 'Most all updates done but not verified' and advises extensive due diligence on permits, suggesting potential hidden issues, unpermitted work, and increased buyer risk/effort.
Age-Related System Concerns: Built in 1885, the property likely has outdated infrastructure (e.g., plumbing, electrical, foundation) that will require substantial upgrades, adding to renovation costs and complexity.