Property Detail

1622 Fernside Blvd

Alameda CA 94501

$1,995,000

Status: Active

Property Details

Description

Incredible opportunity for the right buyer or investor! Situated on an 11,778 lot with an additional large area of leased waterfront land on the San Leandro Bay, this current multi-family residence provides unparalleled potential in a highly desirable Alameda location. The primary home was built in 1929 (per tax records) and is currently divided into two separate dwellings: a lower level 2BR, 1BA, living room and large kitchen, and an upper level with 3 BR, 2BA, living + dining rooms, and an eat-in kitchen. The home has great potential to investigate further development opportunities but requires TLC. A detached garage behind the house is large enough for 3 vehicles (641 SF). A separate 989-SF waterfront cottage is part of a long term tidelands lease which provides an incredible waterfront location. Buyer/Investor to investigate potential development possibilities given the size, location and accessibility of the lot. This property provides an extremely rare residential purchase opportunity in one of Alameda's most sought-after neighborhoods.

Map Location

Listing provided courtesy of Kate McCaffrey of Compass. Last updated 2024-11-19 09:35:15.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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