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Alameda’s 1131 Park Avenue is a dream for investors seeking an owner-occupy multifamily. Located in the buzzworthy Park Street District, this charming Victorian-style property features 1BR/1BA units and one 2BR/1BA unit. Onsite laundry is available, as is onsite parking. One of the 1BR units will be delivered vacant, allowing the buyer to occupy or handpick their own tenant. With a gross potential income of $12,316 per month, PITI should be covered with a 20% down payment. Tenants will love all this location offers, including dining (Burma Superstar, Speisekammer), retail (Safeway, Trader Joe’s), nearby parks (Chochenyo, Alameda Beach), and great schools (Frank Otis Elementary, Lincoln Middle, Alameda High). This is a rare chance to own a beautiful property in one of Alameda’s most vibrant neighborhoods.
Listing agent: Joey Wang DRE #01890931 joeywang@kwcommercial.com, Listing office: Keller Williams Realty
MLS data updated 10/27/2026, 11:54:56 PM PT
Source: CRMLS, MLS #: 41075225
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 13, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,325,000Closed sale · Dec 13, 2024ZIP 94501 · Dec 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.