1523 Lincoln Ave, Alameda, CA, 94501
About This Home
Beautiful 3-units | 2 House on 1 Lot | 1892 Victorian in excellent location. The front house is a 2 units two-story building with painted wood siding with crown moldings, a wide driveway plus garage and basement storage space. The third unit in the back is the newer detached single family house with modern design and features. Walking up the front stair leads you to balcony entrance of units A. Walking down the right hallway leads to unit B on the ground floor, and units C in the back of the lot. All 3 units have hardwood / LVP floors and tiles. Many units have large windows, updated kitchen, modern electrical and plumbings, and private yard space. Parking space available in driveway and the garage. Possible building of a 4th units as an ADU, subject to city permitting. Separated meters for electricity, gas, and water, and washer/dryer across Units A, B, and C. Simply an incredible income property opportunity. The location is centralize on Alameda and well connected with bus to popular Webster st and Park St, and Bart stations. All units are currently rented.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1892
Materials
- Roof: Other,See Remarks
- Construction materials: Other,Wood
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,2HOUSES-1LOT
Interior
Appliances
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Apartment,Exterior Entry,Unfinished,Other
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
Features
- Updated Baths,Updated Kitchen
- Flooring: Laminate,Vinyl,Other
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
Property
Details
- Parcel number: 7234914
- Special condition: Standard
- Other equipment: Other
Features
- Exterior features: Garden
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Lot size: 4,370 sqft
- Features: 2 Houses / 1 Lot,See Remarks,Back Yard
Parking
- Parking features: Off Street,Parking Lot,Garage Faces Front
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Coastal Flooding
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Alameda County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,804 | $69,648 |
| Home Insurance * | $163 | $1,956 |
| Property Taxes | $1,622 | $19,464 |
| Electricity | $481 | $5,774 |
| Total | $8,070 | $96,840 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-16 | Price change | $1,600,000 |
| 2026-05-26 | Listed for sale | $1,148,000 |
| 2026-01-07 | Listing removed | $1,150,000 |
| 2025-10-29 | Listed for sale | $1,150,000 |
| 2001-04-27 | Sold | $318,000 |
View on Zillow