
Alameda, California 94501
This 1918 Craftsman bungalow represents a Strong Value Opportunity, listed at $699,000—positioned well below the $737,873 Fair Market Value by 5%. This valuation gap provides $38,873 in Instant Equity for the buyer. With a Condition Rating of 4, the home offers significant expansion potential on its 3,605 sqft corner lot. Located near top-rated schools like Donald D. Lum Elementary and Alameda High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1542 Buena Vista Ave Subject | $699,000* List Price | 2 | 1 | 920 | $802 | - |
A 1725 Bay St Sold | $820,000 | 2 | 1 | 960 | $854 | 0.3 mi |
B 1811 Lincoln Avenue Sold | $727,000 | 3 | 2 | 1,184 | $614 | 0.4 mi |
C 2105 Encinal Ave Active | $799,000 List Price | 2 | 1 | 1,034 | $773 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1918, this Craftsman bungalow is well-maintained but dated. The kitchen features older parquet flooring and cabinetry, and the overall interior suggests a renovation age exceeding 20 years. While charming and move-in ready, it requires cosmetic updates and likely system evaluations to meet modern standards.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
Situated in Alameda's coveted West End, the property offers exceptional proximity to top-rated schools, local parks, and the waterfront, ensuring a high quality of life and strong community appeal.
The home sits on a 3,605 sqft corner lot with designated room to expand, providing a rare opportunity for buyers to increase the living area and add significant long-term value.
At just 920 square feet with a single bathroom, the current footprint may be restrictive for growing families or those requiring dedicated space for a home office.
Given the home's 1918 construction, buyers should anticipate potential needs for modernizing aging systems such as plumbing, electrical, or insulation to meet current efficiency standards.
Charming Craftsman bungalow in Alameda's coveted West End! This sweet 2-bedroom, 1-bathroom home at 1542 Buena Vista Avenue sits on a corner lot with room to expand, offering classic character plus future potential. Enjoy an unbeatable location — close to Alameda schools from preschool through high school, stroll to the neighborhood park, and take in the waterfront just a short distance away. Live on the island and soak up its warm, family-friendly community, all with a convenient commute to San Francisco. A great opportunity to make this Alameda charmer your own — don't miss it! Open House Friday 9/4 4 pm - 7 pm. 9/5-9/6 Sat. & Sun 1 pm - 4 pm
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades 4-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 1.0 | 2.0 |
| Square foot | 920 | 1,802.602 |
| Lot Size | 3,605 | 4,310.843 |
| Price | $699.0K | $1.43M |
| Price per sq ft | $760 | $823 |
| Built year | 1918 | 1928 |
| HOA | $0 | $273 |
| Days on market | 5 | 37 |
Sep 4, 2026
$699,000
Initial Listing