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2000 Clinton Ave
Score
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Alameda, CA

2000 Clinton Ave

1.6M
4 bd • 4 ba • 2,381 sf

This analysis was generated on 2/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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0:00 / 0:00
List Price

$1,599,000

Price/Sq.Ft

$672

Year Built

1905

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Prime Location: Situated on the lagoon's edge in the Bronze Coast, offering water views and proximity to South Shore Center, the beach, Park Street shops, Alameda Hospital, and Oakland Airport. • Investment Potential: The property is a triplex with an owner-occupied unit and two studio apartments, offering multiple income streams. The additional 'Boathouse' provides further rental potential. • Historic Charm: The property has a Historic Preservation Award, retaining original features like the clinker brick foundation, adding unique character and appeal. • School District: Proximity to top-ranked public schools, including Alameda High School (9/10 rating), enhances its desirability for families. • Minimal Flood and Fire Risk: The property has a Minimal (1/10) flood and fire risk, reducing potential insurance costs compared to higher-risk areas.

The Bad

• High property crime rates in the area: Property crime is 111.5% higher than the state average and 153.5% higher than the national average. Motor vehicle theft is particularly high, 153.2% above state levels and 304.4% above national levels. This could increase insurance rates and necessitate additional security measures. • Lack of central air conditioning: The property relies on wall furnaces for heating and lacks central air conditioning, which may be a drawback for some buyers, especially during warmer months. • Extreme Air Quality Risk: The property has an 'Extreme' air quality risk (9/10) with 16 bad air days per year, potentially impacting health and requiring air filtration systems. • Price reductions: The property has experienced recent price reductions, suggesting it may be overpriced compared to similar properties in the area. The listing price decreased by 3.1% on 2025-02-14 and by 2.7% on 2024-12-02.

The Ugly

• High Estimated Insurance Costs: The estimated annual insurance cost is $5756.4, which is significantly higher than average due to factors such as location, property type, and potential risks associated with older homes. • Potential for Hidden Issues: Built in 1905, the property may have hidden structural, plumbing, or electrical issues that could require costly repairs. • High Total Crime Rate: The total crime rate is 4506.0 per 100,000 residents. While violent crime is lower than state/national averages, the high property crime rate is a major concern. The violent crime rate is 753.0 per 100,000 residents. The property crime rate is 3733.0 per 100,000 residents. • Increasing Property Crime: Property crime increased from 3231 incidents in 2022 to 4275 in 2023, indicating a worsening trend that could impact property values and insurance rates.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Investors seeking a well-located triplex with potential for additional income from the 'Boathouse'. The existing rental rates in Alameda for studios ($1730) and two-bedroom units ($2510) provide a baseline for potential rental income. The 'Boathouse' could command a premium due to its waterfront location and amenities. • Buyers interested in a multi-generational living arrangement who can utilize the main unit and the two studio apartments for family members, offering both proximity and independence. • Individuals drawn to historic properties with unique features and a proven track record of preservation. The property's Historic Preservation Award and retained clinker brick foundation enhance its appeal. • Buyers who value proximity to amenities such as South Shore Center, the beach, Park Street shops and restaurants, Alameda Hospital, Oakland Airport, and top-ranked public schools like Alameda High School (9/10 rating).

Not For

• Buyers seeking a low-maintenance property. As a historic home, it will likely require ongoing maintenance and repairs. • Individuals highly sensitive to air quality issues. The property has an 'Extreme' air quality risk rating. • Buyers concerned about property crime. The property crime rate in the area is significantly higher than state and national averages. • Those requiring modern amenities such as central air conditioning. The property relies on wall furnaces for heating and has no air conditioning.
Demographics
Area Median Income

$101,705

Property History

Price History
Ownership Timeline
$244,000Financed
Jun 23, 1997
Graham Debra J & Robert ELeslie E Shubin
Individual Deed
Standard Sale (Purchase/Resales)

Property Taxes

$6,762
2024 Tax Assessment
4.1%from previous year
Assessed Value$394,195
Tax Rate1.72%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

6.6/10
Good

Middle

6.0/10
Good

High

8.0/10
Excellent

Financials

Monthly Costs
Market Rent (4 bed)

$1,730

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,599,000
Price/sqft
$672
Layout
4 bd4 ba
Days on market
6 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,293,333

23.6%

Your price is 23.6% above average

Median Price

$1,425,000

12.2%

Based on 6 recent sales

Price per Sq.Ft

$558

20.4%

Your price is 20.4% above average $/sqft

Comparable Properties

1553 Buena Vista Ave, Alameda, CA 94501
Price: $1,225,000
Sq.Ft: 2,073
Beds/Baths: 4/4
$/Sq.Ft:
$59112.0%
Sale Date: 1/16/2025
1553 Buena Vista Avenue, Alameda, CA 94501
Price: $1,225,000
Sq.Ft: 2,073
Beds/Baths: 4/4
$/Sq.Ft:
$59112.0%
Sale Date: 1/16/2025
2071 Hibbard St, Alameda, CA 94501
Price: $1,515,000
Sq.Ft: 2,373
Beds/Baths: 4/4
$/Sq.Ft:
$6384.9%
Sale Date: 9/20/2024
1850 Central Ave, Alameda, CA 94501
Price: $1,665,000
Sq.Ft: 2,258
Beds/Baths: 4/4
$/Sq.Ft:
$7379.8%
Sale Date: 9/12/2024
2128 Encinal Ave, Alameda, CA 94501
Price: $705,000
Sq.Ft: 2,802
Beds/Baths: N/A/N/A
$/Sq.Ft:
$25262.5%
Sale Date: 2/12/2025
2101 Alameda Ave, Alameda, CA 94501
Price: $1,425,000
Sq.Ft: 2,646
Beds/Baths: 5/N/A
$/Sq.Ft:
$53919.8%
Sale Date: 1/16/2025

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