1301 9th St, Alameda, California 94501, Alameda, - bed, bath

home-pic
ACTIVE$1,395,000
1301 9th St, Alameda, California 94501
0Bed
0Bath
Sqft
4,200Lot
Year Built
1920
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41101212
Home ConditionFair
Features
View-

About this home

Two buildings on one lot, a total of four units. Sits on a very quiet street. Two blocks to Washington Park, three blocks to Shoreline by the Bay where you can enjoy the sunset and beautiful view of San Francisco. Really nice neighborhood. Good school district. Sewer lateral is in compliance. One APN# but two buildings. 1301 9th Street is a triplex building with high basement; 839 Centennial Avenue is a 2 story single house.

Nearby schools

8/10
Franklin Elementary School
Public,K-50.5mi
5/10
William G. Paden Elementary School
Public,K-50.7mi
9/10
Donald D. Lum Elementary School
Public,4-50.8mi
5/10
Will C. Wood Middle School
Public,6-80.7mi
7/10
Encinal Junior/Senior High
Public,6-121.0mi
9/10
Alameda High School
Public,9-121.3mi

Price History

Date
Event
Price
06/12/25
Listing
$1,395,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (14 Listings)
Beds00
Baths00
Square foot00
Lot Size4,2004,644
40%
Price$1.4M$1.3M
80%
Price per square foot$0$0
Built year19201920
50%
HOA
Days on market146146
50%
Condition Rating
Fair

Built in 1920, this multi-unit property shows signs of regular maintenance and some updates, but not a comprehensive recent renovation. One kitchen features newer white shaker cabinets, stainless steel appliances, and laminate flooring, making it functional. However, another kitchen/utility area is significantly dated with tiled countertops and older cabinetry. The bathroom has updated flooring and light fixtures but retains a pedestal sink and classic, though older, subway tile. The exterior appears well-maintained with newer windows. Overall, the property is functional and habitable, but its age and inconsistent updates across units mean it requires further minor renovations to modernize fully and achieve a higher condition standard.
Pros & Cons

Pros

Significant Income Potential: The property features two buildings with a total of four units (a triplex and a single house), offering substantial rental income opportunities for investors or owner-occupiers.
Prime Location & Neighborhood: Situated on a very quiet street, the property boasts an excellent location just two blocks from Washington Park and three blocks from Shoreline by the Bay, providing scenic views and recreational access.
Highly-Rated School District: Located within a good school district, including access to high-rated elementary and high schools, which is a strong draw for families and supports long-term property value.
Sewer Lateral Compliance: The sewer lateral is already in compliance, eliminating a potentially significant and costly repair often associated with older properties in the region.
Flexible Property Configuration: The unique setup of a triplex and a separate single house on one lot provides versatility for various living arrangements, multi-generational housing, or diverse rental strategies.

Cons

Historic Property Age: Built in 1920, the property is likely to require ongoing maintenance and potential significant capital expenditures for updating systems (e.g., electrical, plumbing, HVAC) to modern standards.
Lack of Detailed Unit Condition/Financials: The description does not provide specific information on the interior condition of the four units or current rental income, suggesting potential for deferred maintenance or below-market rents requiring investment.
Single APN for Multiple Structures: While offering flexibility, having two buildings on a single APN limits the ability to sell units or buildings individually, potentially complicating future divestment strategies without a costly lot split.

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