Opportunity knocks--3221 Encinal Avenue, Alameda, CA

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I completely missed this one when it came on the market 16 days ago. A multi-family Victorian in the East end, this home (MLS# 40334154) listed at a mere $650,000 is described as follows:

This is a great opportunity for first time home buyers and investors
which I believe is code for "you'll be working on this house even after your ARM resets for the 3rd time." The ZIP Realty listing shows seven pictures, all of which are variations on this one:

3221-encinal.jpgEvery single picture is a front view of the exterior of the house (what's left of it), from various angles, including not one but two daring across-the-street shots:

3221-encinal-shots.jpgIf the house didn't look so derelict, it might actually sound decent (except lots in that part of town are typically small, and the pictures suggest there isn't much land around the structure):

Bedrooms: 0
Full Baths: 0
Partial Baths: 0
Square Feet: N/A
Lot Size: N/A
Year Built: 1895
Listing Date: 04/03/08
On Market: 16 days
Type: MFR
Status: ACTIVE
MLS #: 40334154

But the best part about this great opportunity is how great an opportunity it was for the lesser fool trying to get rid of it:

Last sale and tax info

Sold 11/01/2006: $679,000
2007 Property Tax: $1,564


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This page contains a single entry by L. Opine published on April 19, 2008 1:24 AM.

Queen Plain Victorian--3226 Central Avenue, Alameda, CA was the previous entry in this blog.

What's up, dock?--2022 High Street #B, Alameda, CA is the next entry in this blog.

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