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Closed
- Listed price
- $1,450,000
- Listed Aug 29, 2024
- Sold price
- $1,430,000
- Sold Oct 18, 2024
6,720 sqft lot|1943 Built|22 days listed
1506 Paru, Alameda, CA 94501-2588
Property Description
Welcome to 1506 Paru Street, a fabulous 4-plex income property in Central Alameda. This prime multi-family investment is the perfect property to add to your real estate portfolio. Built in 1943 with four spacious 1-bedroom, 1-bathroom units, this multi unit building has gas shut offs and is sewer compliant. Each unit comes with garage parking and additional storage and is separately metered for both gas and electric. All units are bright and inviting with plenty of closet space and hardwood floors or carpet with hardwood underneath). The bathrooms have bathtub/shower combos, and pedestal sinks, and 3 of the 4 units have in unit laundry. Centrally located, 1506 Paru Street is just blocks from Bay Station home to the Forbidden Island Tiki Lounge and Island Savoy Market, and is close to parks, coffee and public transportation. Whether you're looking for a place to call home, additional income, or both, 1506 Paru Street is a solid investment.
Listing agent: Jill FriedrichDRE #02062807jill@friedrichhomes.com, Listing office: Compass
MLS data updated 10/21/2026, 9:58:28 AM PT
Source: CRMLSMLS #: 41071368
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,430,000
Oct 18, 2024
Available records22024
From MLS recordsActual listing and closing events
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
$1,430,000Closed sale · Oct 18, 2024ZIP 94501 · Oct 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.This home · 2 price recordsAug 29, 2024 – Oct 18, 2024
ZIP 94501 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
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.
View listing & sale records
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.