1407 Pearl St, Alameda, California 94501, Alameda, 94501 - 2 bed, 1 bath
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1407 Pearl St
Alameda, California 94501
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,104Sq Ft
2,448Lot Size
Property Price
LIST PRICE$895,000
EST. MARKET VALUE
$974,177
8% BelowMARKET VALUE
SUMMARY
This Stunning 1910 Craftsman is a Strong Value Opportunity, listed at $895,000—positioned well below the $974,177 Fair Market Value by 8%. This valuation gap offers $79,177 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a 2026 kitchen renovation and original architectural details, this home is truly move-in ready. Located near top-rated schools like Alameda High and Lincoln Middle, it is an ideal choice for first-time buyers or discerning owner-occupants seeking a turnkey lifestyle.
Estimated Market Value
$974,177+$79,177 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Alameda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1407 Pearl St Subject 2 bd · 1 ba · 1,104 sqft · $882 | $895,000* List Price | 2 | 1 | 1,104 | $882 | - |
A 2515 Noble Ave Sold 3 bd · 1 ba · 1,177 sqft · $849 · 0.3 mi | $999,000 | 3 | 1 | 1,177 | $849 | 0.3 mi |
B 1023 Willow St Sold 2 bd · 1 ba · 1,116 sqft · $797 · 0.8 mi | $890,000 | 2 | 1 | 1,116 | $797 | 0.8 mi |
C 3233 San Jose Avenue Sold 2 bd · 1 ba · 1,151 sqft · $825 · 0.6 mi | $950,000 | 2 | 1 | 1,151 | $825 | 0.6 mi |
D 2516 Buena Vista Ave Sold 2 bd · 1 ba · 891 sqft · $909 · 0.3 mi | $810,000 | 2 | 1 | 891 | $909 | 0.3 mi |
E 2417 Marti Rae Ct Sold 1 bd · 1 ba · 798 sqft · $858 · 0.3 mi | $685,000 | 1 | 1 | 798 | $858 | 0.3 mi |
F 1711 Willow Street Sold 3 bd · 2 ba · 1,308 sqft · $879 · 0.8 mi | $1,150,000 | 3 | 2 | 1,308 | $879 | 0.8 mi |
G 2066 Encinal Ave Sold 2 bd · 2 ba · 1,320 sqft · $731 · 0.8 mi | $965,000 | 2 | 2 | 1,320 | $731 | 0.8 mi |
H 3287 Briggs Ave Pending 3 bd · 2 ba · 1,413 sqft · $636 · 0.6 mi | $899,000 List Price | 3 | 2 | 1,413 | $636 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive renovation with a modern kitchen and appliances (2026) and an updated bathroom. All major systems are modernized, including the electrical panel, central heat, water heater, and roof, meeting the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
- Architectural Character
This 1910 Craftsman boasts exceptional historic preservation, featuring rare ribbon-inlay Quartersawn White Oak floors, box beam ceilings, and original leaded glass built-ins that offer unique aesthetic value.
- Turn-Key Infrastructure
The property is move-in ready with significant modern upgrades, including a renovated kitchen with quartz counters, an updated bathroom, a newer roof, and a compliant sewer lateral.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With a 2-bedroom, 1-bathroom configuration and 1,104 square feet of living area, the home may be too small for growing families or those needing a dedicated home office.
- Small Lot Size
The 2,448 square foot lot is relatively compact, which limits outdoor recreational space and may restrict future opportunities for property expansion.
About 1407 Pearl St
A Stunning 1910 2 bedroom 1 bathroom Craftsman in a perfect location with probably the most beautiful and unique "ribbon" inlay Quartersawn White Oak floors in all of Alameda. This Craftsman has all the charm people seek: the original (refinished) Quartersawn White Oak entry door with original hardware, built-in leaded glass dining room cabinet, pocket door separating the living room from the dining room, original door hardware, coved ceilings in the living room, box beam ceilings in the dining room, AND a modern kitchen with new appliances (2026), oak floors, soft-close cabinets, and quartz counters AND an updated bathroom. The kitchen has room for a table in addition to the Formal Dining Room, plus just outside are two eating areas in the backyard for entertaining or just enjoying the evenings. A modern electrical panel, central heat, recent water heater, newer roof, compliant sewer lateral, and gas shut-off valve. Yes, all that! This house is beautiful and DONE! Desirable schools and a few blocks from Park St. Come and enjoy this beauty in Alameda!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 2,448 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Alameda Unified Schools
Edison Elementary School
Grades K-5 • 0.3 mi
8/10
Frank Otis Elementary School
Grades K-5 • 0.6 mi
8/10
Amelia Earhart Elementary School
Grades K-5 • 1.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,104 | 1,790.196 |
| Lot Size | 2,448 | 4,403.078 |
| Price | $895.0K | $1.42M |
| Price per sq ft | $811 | $831 |
| Built year | 1910 | 1928 |
| HOA | $0 | $269 |
| Days on market | 3 | 37 |
Pricing History
Listed for Sale
Oct 21, 2026
$895,000
Initial Listing
Sold
Jan 6, 2017
$718,500
Public Record