2137 2137 Otis Dr 111, Alameda, California 94501, Alameda, 94501 - 1 bed, 1 bath
2137 2137 Otis Dr 111
Alameda, California 94501
Property Price
SUMMARY
Analysis of 2137 2137 Otis Dr 111, Alameda, California 94501 is currently available with a list price of $429,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent an extensive $50,000 renovation in 2025, placing it well within the 5-year window for an 'excellent' rating despite its 1966 construction. The interior features brand-new luxury vinyl plank flooring, fresh paint, and a completely remodeled bathroom with modern cultured marble and smart fixtures. The kitchen is updated with stainless steel appliances and contemporary cabinetry, and all visible components appear new with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
- Prime Coastal Location
Situated directly across from South Shore Center and steps from the Alameda Beach shoreline, this unit offers exceptional walkability to premier shopping, dining, and outdoor recreation.
- Significant Modern Upgrades
The property features approximately $50,000 in recent improvements (2025), including luxury vinyl plank flooring, fresh interior paint, and a fully remodeled bathroom with premium finishes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 920, other record living area = 863.
- Recently Sold Property
The property was recently sold within the past year on 2025-03-07. The sold price is $405,000.00.
- High Association Fees
The monthly HOA fee of $630 is relatively high for a one-bedroom unit, which may impact overall affordability and debt-to-income ratios for prospective buyers.
About 2137 2137 Otis Dr 111
South Shore Center across the street • Near Alameda Beach shoreline • Ground-floor unit with patio. Updated 1-bedroom, 1-bath condo offering approx. 920 sq ft in the St. Francis community. Recent improvements include luxury vinyl plank flooring, fresh interior paint, and a remodeled bathroom with cultured marble enclosure and Bluetooth fan/light. Seller reports approximately $50K in upgrades (2025). Functional layout with open living and dining area and private patio for outdoor space. Assigned parking included. Community amenities include pool, fitness center, clubhouse, and elevator access. Located near South Shore Center shopping and dining, Alameda Beach shoreline, and Park Street business district, with access to nearby ferry service and major commute routes. Includes 3D walkthrough, video tour, and floor plan.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 73,180 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $630.0 / Month
Neighborhood Insights
Alameda Unified Schools
Donald D. Lum Elementary School
Grades 4-5 • 0.5 mi
Will C. Wood Middle School
Grades 6-8 • 0.5 mi
Alameda High School
Grades 9-12 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 9% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 920 | 1,163.5 | 13% |
| Lot Size | 73,180 | 11,731 | 75% |
| Price | $429.0K | $720.0K | 13% |
| Price per sq ft | $466 | $580 | 13% |
| Built year | 1966 | 1973 | 13% |
| HOA | $630.0 | $596 | 59% |
| Days on market | 11 | 185 | 3% |
Pricing History
Listed for Sale
Feb 24, 2026
$429,000
Initial Listing
Sold
Mar 7, 2025
$405,000
Public Record
Sold
Dec 31, 2015
$370,000
Public Record
Sold
May 3, 1994
$112,500
Public Record