1175 Island Dr, Alameda, California 94502, Alameda, 94502 - 3 bed, 3 bath
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Alameda, California 94502
This Turnkey Townhouse represents a Prime Investment Opportunity, listed at $848,000—positioned well below the $869,785 Fair Market Value by 2%. This valuation gap provides $21,785 in Instant Equity. With a Condition Rating of 3, the home features a remodeled kitchen, integrated elevator, and engineered wood floors. Located near top-rated schools like Amelia Earhart Elementary and Lincoln Middle, this property offers a lifestyle of convenience. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1175 Island Dr Subject | $848,000* List Price | 3 | 3 | 1,639 | $531 | - |
A 3027 Linda Vis Sold | $870,000 | 3 | 3 | 1,628 | $534 | 0.3 mi |
B 3343 Solomon Ln Sold | $890,000 | 3 | 3 | 1,639 | $543 | 0.2 mi |
C 3362 Tonga Ln Sold | $900,000 | 3 | 3 | 1,673 | $538 | 0.1 mi |
D 3315 Willis Lane Sold | $865,000 | 3 | 3 | 1,628 | $531 | 0.1 mi |
E 3211 Phoenix Ln Sold | $920,000 | 4 | 3 | 1,730 | $532 | 0.1 mi |
F 3227 Santa Cruz Ln Sold | $905,775 | 3 | 3 | 1,628 | $556 | 0.1 mi |
G 3218 3218 Fir Ave Sold | $960,000 | 3 | 3 | 1,639 | $586 | 0.1 mi |
H 1159 Admiralty Ln Sold | $738,000 | 3 | 2 | 1,340 | $551 | 0.1 mi |
I 3447 Capella Ln Pending | $788,000 List Price | 3 | 3 | 1,642 | $480 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the property has been tastefully updated with a remodeled kitchen, remodeled bathrooms, and engineered wood flooring. The inclusion of dual-pane vinyl windows and a functional elevator indicates a high level of maintenance and move-in ready status, consistent with a 5-15 year renovation cycle.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The rare inclusion of a seamlessly integrated elevator provides unique multi-generational appeal and ease of access for those with mobility challenges in a two-story layout.
The home features a remodeled kitchen and bathrooms, engineered wood flooring, and dual-pane windows, offering a turnkey living experience for the new owner.
The $583 monthly association fee represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
As a townhouse with a compact lot, the private outdoor area is restricted to a small patio, which may not meet the needs of buyers seeking a larger, traditional backyard.
If you have been searching for a one-level home for your lifestyle needs, don't overlook this two-level townhome! Tastefully updated and truly one of a kind, this Islandia townhome offers the ease of living of a one-level unit. An ELEVATOR--seamlessly integrated--provides access to the upper floor for those who may have mobility challenges. The entry level features a remodeled kitchen, living/dining spaces, half bath and laundry room. Upstairs are a primary suite with a stall shower and a walk-in closet, plus two additional bedrooms and beautifully remodeled full bath. A sunny private patio leads to a two-car garage with newer roll-up door. The garage is a handyman’s or hobbyist’s dream, with a workbench and storage galore. Freshly painted throughout, this home boasts rich engineered wood floors, dual pane vinyl windows, and custom window blinds. Located a short distance from the Bay’s beautiful shoreline with quick access to the SF ferry, and just two blocks to Safeway and Starbucks. Top-rated schools and the Corica Park Golf Course are nearby. Islandia HOA features a community pool, clubhouse, plus basketball and tennis courts, and provides common area and exterior maintenance.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 3.5 mi
Grades K-5 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,639 | 1,581 |
| Lot Size | 1,694 | 1,650 |
| Price | $848.0K | $864.5K |
| Price per sq ft | $517 | $577 |
| Built year | 1970 | 1971 |
| HOA | $583.0 | $594 |
| Days on market | 19 | 39 |
Jul 3, 2026
$848,000
Initial Listing