1821 Grand St, Alameda, California 94501, Alameda, 94501 - 3 bed, 2 bath
1821 Grand St
Alameda, California 94501
Property Price
SUMMARY
Analysis of 1821 Grand St, Alameda, California 94501 reveals a Prime Investment Opportunity with a current list price of $1,008,000—significantly undercutting the $1,047,355 Fair Market Value by 3%. This valuation gap indicates a +$39,355 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Alameda Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1821 Grand St Subject | $1,008,000* List Price | 3 | 2 | 1,350 | $776 | - |
A 1613 Stanton St Sold | $950,000 | 3 | 2 | 1,413 | $672 | 0.3 mi |
B 1906 Lafayette St Sold | $1,275,000 | 3 | 2 | 1,314 | $970 | 0.2 mi |
C 2210 Clement Ave Sold | $738,000 | 3 | 1 | 1,168 | $632 | 0.7 mi |
D 1615 Minturn St Sold | $1,016,000 | 3 | 2 | 1,408 | $722 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1905 home is move-in ready and has been extensively updated to meet modern standards while preserving its character. The kitchen features contemporary stone countertops, stainless steel appliances, and updated cabinetry. The interior boasts well-maintained hardwood floors and energy-efficient double-pane windows throughout. While the property is historic, the quality of the renovations and the lack of deferred maintenance align with the 'good' category, as systems and finishes appear updated within the last 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
- Modernized Period Charm
Built in 1905, this home seamlessly integrates classic architectural character with essential modern upgrades like energy-efficient double-pane windows, hardwood flooring, and stone countertops.
- Flexible Bonus Space
The property features a versatile outdoor shed on a level lot, providing valuable additional space that can function as a home office, art studio, or specialized storage.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only 1.5 bathrooms to serve three bedrooms, the configuration may be less convenient for larger households or when hosting guests.
- Compact Lot Size
The 2,916 square foot lot is relatively small for the area, which limits outdoor recreational space and potential for future property expansions.
About 1821 Grand St
Welcome to 1821 Grand Street, a beautifully maintained home that blends classic character with modern updates. This inviting Alameda residence features 3 spacious bedrooms and 1.5 baths, offering the perfect balance of comfort, functionality, and style. Step inside to discover warm hardwood floors flowing seamlessly throughout the home. The light-filled kitchen is ideal for daily living and entertaining, featuring stone countertops, a freestanding range, and an inviting eat-in dining area. Upstairs are three bright bedrooms and a full bath, while the main level includes a convenient half bath, laundry area, and welcoming entry. Energy-efficient double-pane windows enhance comfort throughout. Outside, enjoy a level lot with a charming front yard perfect for gardening, relaxing, or play. A versatile shed provides extra space for storage, a home office, or an art studio. Located in one of Alameda’s most desirable neighborhoods, this home offers easy access to parks, schools, shopping, and dining while maintaining a peaceful residential feel. Experience the best of Alameda living at 1821 Grand Street a true blend of character, comfort, and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 2,916 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Alameda Unified Schools
Henry Haight Elementary School
Grades K-5 • 0.4 mi
Franklin Elementary School
Grades K-5 • 0.6 mi
Donald D. Lum Elementary School
Grades 4-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,350 | 1,890 | 25% |
| Lot Size | 2,916 | 4,900 | 17% |
| Price | $1.01M | $1.37M | 22% |
| Price per sq ft | $747 | $725 | 55% |
| Built year | 1905 | 1915 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 162 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,008,000
$1,050,000
-4% Price Drop
Initial Listing
Price Change
Feb 2, 2026
$1,050,000
Initial Listing
Sold
Apr 26, 2019
$1,411,227
Public Record
Sold
Nov 16, 2004
$520,000
Public Record