1500 Alameda Unit D, Alameda, California 94501, Alameda, 94501 - 2 bed, 2 bath
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1500 Alameda Unit D
Alameda, California 94501
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,002Sq Ft
11,700Lot Size
Property Price
LIST PRICE$569,000
EST. MARKET VALUE
$524,361
8% AboveMARKET VALUE
SUMMARY
This 2-bedroom, 2-bath condominium represents a High-Potential Investment Opportunity, listed at $569,000—positioned well above the $507,188 Fair Market Value by -12%. While currently priced above market, the property features a Condition Rating of 4, benefiting from recent cosmetic updates like new paint and flooring. Located in a prime Alameda district with access to top-rated schools like Franklin Elementary and Alameda High, this unit offers a low-maintenance lifestyle with a community pool. It is an ideal acquisition for first-time buyers or downsizing professionals.
Estimated Market Value
$524,361
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 |
|---|---|---|---|---|---|---|
★ 1500 Alameda Unit D Subject | $569,000* List Price | 2 | 2 | 1,002 | $523 | - |
A 1500 Alameda Ave G Sold | $599,000 | 2 | 2 | 1,002 | $598 | 0.0 mi |
B 960 Shorepoint Court 116 Sold | $585,000 | 2 | 2 | 940 | $622 | 0.7 mi |
C 2137 Otis Drive 302 Sold | $485,000 | 2 | 2 | 1,090 | $445 | 0.8 mi |
D 1321 Webster St D116 Sold | $460,000 | 2 | 2 | 1,007 | $457 | 0.9 mi |
E 1701 Central Ave R Sold | $485,000 | 2 | 2 | 1,176 | $412 | 0.2 mi |
F 2133 Santa Clara Ave 217 Sold | $530,000 | 2 | 2 | 1,212 | $437 | 0.8 mi |
G 1401 Cottage St D Active | $567,000 List Price | 2 | 2 | 1,163 | $488 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1963, the property has received recent cosmetic updates including new carpet and fresh paint. However, the kitchen is significantly dated with older wood cabinetry, tile countertops, and white appliances likely exceeding 20 years in age. While move-in ready, the core systems and wet areas require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
- Prime Central Location
Situated in a highly desirable central Alameda neighborhood, the property offers walking distance to top-rated schools like Franklin Elementary and easy access to downtown dining and shopping.
- Move-In Ready Updates
The residence has been recently refreshed with new interior paint, updated flooring, and new carpeting, providing a clean and modern aesthetic for the next owner.
CONSRISKS & DEFICIENCIES
- Mid-Century Construction
Built in 1963, the property may lack some of the modern energy-efficient features or contemporary open-concept layouts found in newer developments.
- Compact Living Area
With approximately 1,002 square feet of living space, the unit may feel restrictive for buyers seeking larger bedrooms or expansive storage options.
About 1500 Alameda Unit D
Welcome home to this beautiful 2-bedroom, 2-bath condominium nestled in one of Alameda's most desirable central locations. Set within an intimate community of just seven residences, this inviting home offers the perfect blend of comfort, convenience, and charm. New carpet, fresh paint, and a The well-kept grounds create a peaceful setting, while the community pool provides the perfect place to relax and enjoy sunny Alameda afternoons. The home is currently being refreshed with new interior paint and updated flooring, offering a fresh, move-in-ready feel for its next owner. HOA covers water, trash, pool, & landscaping Ideally situated near shopping, dining, parks, schools, and Alameda's vibrant downtown, you'll enjoy easy access to everything the Island has to offer while coming home to the privacy of a small, well-cared-for community. Whether you're looking for your first home, downsizing, or seeking a low-maintenance lifestyle in an exceptional location, this is an opportunity you won't want to miss.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 11,700 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Alameda Unified Schools
Franklin Elementary School
Grades K-5 • 0.1 mi
8/10
Henry Haight Elementary School
Grades K-5 • 0.5 mi
6/10
Donald D. Lum Elementary School
Grades 4-5 • 0.6 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,002 | 1,428.636 |
| Lot Size | 11,700 | 34,764.636 |
| Price | $569.0K | $699.0K |
| Price per sq ft | $568 | $532 |
| Built year | 1963 | 1999 |
| HOA | $450.0 | $537 |
| Days on market | 47 | 51 |
Pricing History
Listed for Sale
Jul 24, 2026
$569,000
Initial Listing
Sold
Jul 19, 2005
$480,000
Public Record
Sold
Jul 2, 2002
$300,000
Public Record