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Centrally located, clean and updated Alameda duplex ready for a new owner-occupant and well suited for two buyers purchasing together! 1848-1850 Walnut represents a rare opportunity to secure a vacant property with little to no initial investments needed in repairs or upgrades. It’s ready to go! Identical two-bedroom, one-bath single level floor plans with private entries and set back from the street for maximum privacy and quiet. Rear unit gets lots of light and looks out on private back yard with lemon tree. Inside, you’ll find newly refinished hardwood floors in front, and newer carpet in the rear. New appliances include refrigerator and oven/range in rear, and new hot water heaters for both units. Exterior, attached laundry room has washer and dryer. Separately metered for gas, electric, and water. Sitting half a block from McKinley Park, and close to Park St. commercial district, schools, Bay Trail, estuary, and more, don’t miss this prime Alameda property on the market for the first time in decades. Call one unit home and rent out the other at market rate to offset the mortgage, or take over both units as a family complex. Perfect for two buyers who want equally sized but reversed floor plans. This property is bursting with opportunity.
Listing agent: Steve Cressy DRE #00765911 steve.cressy@bhhsdrysdale.com, Listing office: BHHS Drysdale Properties
MLS data updated 10/20/2026, 4:53:06 AM PT
Source: CRMLS, MLS #: 41128057
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 23, 2026
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
$1,102,500Closed sale · Apr 23, 2026ZIP 94501 · Apr 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.