
Alameda, California 94501
This Townhouse-Style Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $518,802 Fair Market Value by 3%. This valuation gap offers $19,802 in Instant Equity for the buyer. Featuring an Good Condition Rating with recent kitchen and flooring updates, the home offers rare dual-garage parking and a private entrance. Located near Top-Rated Schools like Alameda High, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, high-privacy lifestyle in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2426 Lincoln Ave J Subject | $499,000* List Price | 2 | 2 | 1,085 | $478 | - |
A 2137 Otis Drive 302 Sold | $485,000 | 2 | 2 | 1,090 | $445 | 0.8 mi |
B 2133 Santa Clara Ave 217 Sold | $530,000 | 2 | 2 | 1,212 | $437 | 0.4 mi |
C 1701 Central Ave R Sold | $485,000 | 2 | 2 | 1,176 | $412 | 1.0 mi |
D 2031 Otis Dr H Sold | $396,000 | 1 | 1 | 798 | $496 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1975, the unit has undergone significant recent renovations including new vinyl plank flooring, recessed lighting, and an updated kitchen with stainless steel appliances and stone countertops. The interior is well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a 'Good' rating.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property includes two private garages with automatic openers, a rare and highly valuable feature in Alameda's East End that provides versatile space for a workshop, gym, or significant storage.
With no neighbors above or below and two separate private entrances, this unit offers the privacy and layout of a townhouse, including a unique second-floor entry ideal for roommates or a home office.
The unit lacks in-unit laundry hookups, requiring residents to use shared facilities within the building, which may be a convenience drawback for modern buyers.
At $637 per month, the association dues are relatively high for a two-bedroom condo, which may impact the overall affordability and monthly carrying costs for potential owners.
Two private garages with automatic openers convey with this home — genuinely uncommon on Alameda's East End, and useful for far more than parking. Workshop, gym, studio, or room for everything that never fits in a condo. Unit J lives like a townhouse, not a flat. Two levels, its own entry, and no one above or below you — the two things people most wish they could change about condo living, already solved. It sits in a gated garden complex of just ten homes. The main level opens into a light-filled living and dining space with vinyl plank flooring, recessed lighting, and shutters. An updated kitchen with ample cabinetry anchors one end, and a half bath keeps guests off the stairs. Upstairs, two spacious bedrooms with generous closets share a full bath. One bedroom opens to its own exterior door on the walkway — original to the building's design, and a feature almost nothing else here offers. That second private entry works beautifully for a roommate, visiting family, or a home office. The meaningful work is already done. Flooring, lighting, and kitchen are behind you, leaving only the finishing touches to make it yours. HOA covers water, sewer, garbage, and exterior maintenance, with shared laundry in the building. And the location is the part you cannot replicate: blocks from Park Street's shops, cafes, restaurants, historic theater and marketplace, with a longtime German restaurant right next door. Quick access to 880 and Fruitvale BART. Homes in this building rarely come available. Worth seeing.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,085 | 1,428.636 |
| Lot Size | 12,500 | 34,764.636 |
| Price | $499.0K | $699.0K |
| Price per sq ft | $460 | $532 |
| Built year | 1975 | 1999 |
| HOA | $637.0 | $537 |
| Days on market | 26 | 51 |
Aug 14, 2026
$499,000
Initial Listing
May 11, 2022
$648,000
Public Record
Oct 5, 2007
$370,000
Public Record
Jul 10, 2007
$400,000
Public Record
Sep 4, 2002
$170,000
Public Record