
Alameda, California 94501
This Classic Craftsman Bungalow is a Strong Value Opportunity, listed at $995,000—positioned well below the $1,038,116 Fair Market Value by 4%. This valuation gap offers $43,116 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent safety upgrades like new heating and rewired electrical. Located near Top-Rated Schools like Alameda High (9/10), this property is an ideal choice for Owner-Occupants or first-time buyers seeking a stable, well-maintained residence in a prime location.
Charming 3BR Alameda Craftsman home with modern upgrades, new heater, and 2-car garage. Located near top-rated schools. Priced below market for instant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1915 Alameda Ave Subject | $995,000* List Price | 3 | 1 | 1,287 | $807 | - |
A 1542 Broadway Sold | $1,175,000 | 3 | 2 | 1,275 | $922 | 0.9 mi |
B 1821 Grand St Sold | $905,000 | 3 | 2 | 1,350 | $670 | 0.5 mi |
C 1241 1241 Park Ave Sold | $860,000 | 2 | 1 | 997 | $863 | 0.7 mi |
D 1826 Pacific Ave Active | $1,198,888 List Price | 3 | 2 | 1,324 | $906 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home dates to 1925, it is well-maintained and move-in ready with significant recent system upgrades, including a brand-new heater and the deactivation of knob-and-tube wiring. The interior features fresh paint and original hardwoods in good condition. The kitchen is functional and clean, though the white appliances and cabinetry are dated and do not reflect a recent full renovation.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
This 1925 bungalow retains its original architectural character with built-ins and French doors, while offering peace of mind through professional deactivation of knob and tube wiring and a brand-new heating system.
The property features a rare two-car garage and a private driveway, providing ample parking and storage space which is a highly sought-after commodity for older homes in the Central Alameda area.
With three bedrooms but only one bathroom, the home may present a functional challenge for larger households or those seeking modern convenience and privacy.
The 3,780 square foot lot is relatively compact, which may limit outdoor recreational space or future expansion possibilities for the residence.
Alameda craftsman home with a history dating back to the early 1900s and updated with modern flair. The three bedroom, one bath home is available now and includes, hardwood floors, freshly painted interior walls, the fireplace in the living room creates an inviting living space. Added built ins providing the craftsman charm French doors lead into the home providing natural light as well as a sense of openness to the outdoors. Classic California Bungalow style characteristics are evident throughout the home such as the pitched gable roof line and wide overhanging eaves with exposed rafters. Additional recent upgrades include the addition of a brand-new heater so you can stay warm year round, along with professional deactivation of the original knob and tube wiring for your safety and security. A two car garage and driveway located off the side street provides ample parking and storage for all of your needs and is a rare commodity in these older homes. This home is ideal for daily use or when entertaining friends and family. It's great location is close to many parks, schools, restaurants, stores and other amenities.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades 4-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,287 | 1,824 | 19% |
| Lot Size | 3,780 | 4,670 | 34% |
| Price | $995.0K | $1.43M | 19% |
| Price per sq ft | $773 | $767 | 50% |
| Built year | 1925 | 1919 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 110 | 2% |
May 22, 2026
$995,000
Initial Listing