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This 3-unit property, consisting of a Craftsman Duplex and a Ranch-Style Bungalow, is in an extraordinary community-style enclave that offers suburban tranquility with prime geographic positioning that is rare in Alameda’s highly coveted East-end. It features a total of approximately 2,638 square feet of living space on an approximately 10,760 square foot lot that is tucked away at the end of Pease Court off Encinal Avenue, just a short block east of Broadway. 1223 Pease Ct has a stucco exterior. With its distinct sense of independence and privacy, it features a standalone 2-bedroom, 1-bath cottage at street level with approximately 732 square feet of living space. 1228 & 1230 Pease Ct is a Craftsman Duplex with wood siding that displays a gabled roof with prominent cross gables and classic gable dormers. It features a single-level, 2-bedroom, 1-bathroom unit on the left that spans approximately 731 square feet of living space and includes a backyard, and a 2-story, 3-bedroom, 1-1/2-bathroom spacious unit on the right with approximately 1,210 square feet of living space that also includes a backyard. Property has 1 driveway that is attendant to 1223 Pease Ct and 3 uncovered carports. Adding to its appeal is its highly efficient utility configuration where residents pay for their own gas, electricity, water, sewer and garbage services. Each unit has its own gas water heater and laundry hookups. This clean, straightforward configuration maximizes net operating income for the Owner and removes the common friction points of shared utility management. A quick stroll away is Alameda’s ever-popular Park Street, which is known for its unique shops, a wide variety of restaurants, and the historic Alameda Theatre. Pease Court also offers easy access to local and Transbay AC Transit bus line, east-end schools, and shopping at the South Shore Shopping Center.
Listing agent: Ramesh Ramchandani DRE #00870283 ramesh@panavista.com, Listing office: Panavista Realty
MLS data updated 10/24/2026, 8:02:54 PM PT
Source: CRMLS, MLS #: 41143285
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 22, 2026
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This home · nearest recorded event
$1,050,000Closed sale · Sep 22, 2026ZIP 94501 · Sep 2026
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.