
Alameda, California 94501
Analysis of 1912 Lafayette St, Alameda, California 94501 is currently available with a list price of $750,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1946 and held by the same owner for over 60 years, the property is significantly dated. Interior photos show aged wall-to-wall carpeting and an old-style wall furnace, indicating that systems and finishes are well beyond the 30-year threshold for a major renovation. The listing explicitly notes the need for interior updates and 'upside potential,' signaling a requirement for a full rehab.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
Situated near the vibrant Park Street district and ferry terminals, this property offers excellent walkability and easy commuting access to San Francisco.
As a duplex in a supply-constrained market with significant upside through interior updates, it serves as an ideal opportunity for both owner-users and long-term investors.
Held by the same owner for over 60 years, the property likely requires substantial capital expenditure for modernizing interiors and systems to meet current market standards.
With over 70 days on the market and a recent price reduction, the property may face challenges regarding its initial valuation or perceived condition relative to the list price.
Next schedule showing is Sunday 7/19 (2 to 4 pm). First time on the market in over 60 years, this Central Alameda duplex near the desirable Park Street district offers a rare opportunity for both owner-users and investors. The building will be delivered vacant. The single-story property features two units on a well-sized lot, along with a detached garage and in-unit washer and dryer hook-ups in each unit—highly desirable for tenants and owner-occupants. Ideal for an owner-user looking to offset expenses with rental income, or an investor seeking a long-term asset in a supply-constrained market. The property reflects long-term ownership and provides a solid foundation for future improvements and value creation. Enjoy close proximity to Park Street’s shops, restaurants, and amenities, as well as convenient ferry access to San Francisco—perfect for commuting or catching Giants games. Alameda remains a highly sought-after rental market due to its quality of life and limited housing supply. Strong upside potential through interior updates and rental growth. Buyer to verify all information including square footage, permits, zoning, and potential uses.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades 4-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,148 | 2,522.5 |
| Lot Size | 4,320 | 5,602.5 |
| Price | $750.0K | $1.14M |
| Price per sq ft | $653 | $479 |
| Built year | 1946 | 1900 |
| HOA | $0 | $0 |
| Days on market | 103 | 86 |
Jun 13, 2026
$750,000
$795,000
-6% Price Drop
Initial Listing
Apr 10, 2026
$795,000
Initial Listing