1516 Sherman St., Alameda, CA 94501
$1,415,000
$1,599,000
11.5%
Est.Price: ?

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7,501 Sqft Lot

1516 Sherman St. Alameda, CA 94501

Est. payment /mo
SOLD DATE : 12/06/2024

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Key Details

Sold Price $1,415,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41073216

Sold Date 12/06/24

HOA Y/N No

Year Built 1965

Lot Size 7,501 Sqft

Property Description

Spacious centrally located 5-unit property with multiple vacancies brimming with style and opportunity. Vacant detached 2-bed, 1-bath cottage in back with quad in front, offering two 1-bed units and two 2-bed units, the larger of which was updated in 2021 with new waterproof laminate flooring, kitchen countertops, cabinets, and gas stove. Ground floor vacant 1BR is ADA accessible. SFR features an open floor plan with central heating and AC, crown moldings, large dining room, newer kitchen with electric washer and dryer under solid countertops, dishwasher, gas stove and recessed lighting. Carpeted bedrooms are quiet and serene as the entire home is set far back from the street. Bath redone beautifully in 2010. BONUS- Garden room is set up as a family room that opens onto the private back patio and converted garage offers workspace/guest quarters. Entire building recently rewired to 400 amp service and new exterior paint throughout. Wall furnaces in all four units. Separately metered for gas and electric. One off-street parking space for each unit. Sewer compliant. Located near up-and-coming commercial area with new Savoy Market as well as multiple bus lines, and close to West End business district, parks, schools, ferry, and all that Alameda has to offer. Don't miss this one!

Location

State CA

County Alameda

Interior

Heating Forced Air, Wall Furnace

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features On Street

Roof Type Shingle

Total Parking Spaces 5

Building

Lot Description Back Yard, Street Level

Sewer Public Sewer

Others

Tax ID 7234627

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Seller Financing

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Listed by Steve Cressy BHHS Drysdale Properties #00765911
Bought with Ryan Dunn Coast + Co Real Estate
Jessica Lam

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