In the past few weeks or so a bunch of commercial lots around the Webster Street area have popped up for sale. I’m not sure if this is due to the Target going in or possible development around the Beltline but nonetheless the timing is pretty odd.
The first is the old parking lot nearish to the post office on Webster. I thought this was listed in the millions previously, but now the asking price is $900,000.
The next one is the piece of land next to the motel near the College of Alameda, most recently it was used for a car rental operation and before that someone was selling used cars on that lot. The asking price is $325,000 but the access is pretty miserable and the shape is also not ideal for anything. This one won’t be easy to move.
Then the last one is on Lincoln off of Webster which is sort of this weird collection of houses and a great big parking lot. I think the most recent operation is (was?) an independent rental car agency as well. For this one, the asking price is $1,099,000.
Oh and in other Webster Street news, the West Alameda Business Association has sent a letter to the Planning Board in support of something other than the East Bay Regional Park District plan at Neptune Pointe. Worth a read, it’s pretty short.
In other news, A few cracks in the sidewalks are going to be repaired someday. The weather is going to be sunny today. This is of great concern.
Comment by beanie — February 20, 2013 @ 9:08 am
This is great news for the West End. It looks like we need to dust off the Webster Street Visioning plans.
Comment by Karen Bey — February 20, 2013 @ 9:45 am
Auction Tomorrow
2118 CHIPMAN STREET, ALAMEDA, CA 94501
Event Item #: E479-1073
Property ID: 1394754
Asset Type: Residential
Est Opening Bid: $495,000
Total Estimated Debt
(Unpaid Balance + Fees): $961,510.66
Live Event Details
When: Thursday Feb. 21, 2013
Comment by Probably will go for a Million Plus in this Hot Market. — February 20, 2013 @ 9:49 am
Not surprised at the price drop on the lot at Webster and Taylor. There’s a lot of gasoline seepage, and who knows what else contaminating the lot, so the cleanup will be pricey.
What would really be fab is if the shopping center (“Neptune Plaza”) at Webster & Central could get some new tenants. It’s really turning into a dump, which is a shame, because the location is great.
Comment by Kristen — February 20, 2013 @ 10:32 am
Like manny I like to see the master plan for the City , project are popping here there none are less thann 100 houses some are close to 500 .
One of the reason I strongly support East bay reegional park lawsuit .
Comment by mijoka — February 20, 2013 @ 10:49 am
Armani, Prada and Channel coming soon Kristen. Just need to change name from Neptune Plaza to Neptune Shore. Then look for Saks or No Plastic Sacks to show up.
Comment by Wannabe Planner — February 20, 2013 @ 10:56 am
Kristen, I agree. How about a tear down and start over?
Comment by Karen Bey — February 20, 2013 @ 11:19 am
Forget Armani and Prada, I’d be happy if they had a decent food market. There’s plenty of liquor stores already. A market with a decent deli could do well there, given the proximity to the beach.
Comment by Kristen — February 20, 2013 @ 3:26 pm
• In 2011, 257,664 families received notices of default, the first step in the California foreclosure process.2
• More than 155,000 California families lost their homes to foreclosure during the same period.3
• In addition, approximately 118,000 California families lost their homes through short sales.
Another Foreclosure Auction
Just one of 15,263 Home Foreclosures being Auctioned in California in next few weeks.
Listing 6093 of 15263
2032 SAN JOSE AVE # 2034, ALAMEDA, CA 94501
Est Opening Bid: $510,000
Total Estimated Debt
(Unpaid Balance + Fees): $769,438.54
Foreclosure Sale what is this?
Live Event Details
When: Thursday Mar. 7, 2013
Since 4Q 2007 – the unofficial beginning of the economic crisis – through 4Q 2011, more than 1.5 million Californians received notices of default on their homes.
More than 785,000 California families actually lost their homes to foreclosure during the
same period.
Most of these all purchased by Hedgefunds and Investors.
Comment by Interesting times — February 20, 2013 @ 8:04 pm