2515 Central Ave 203k, Alameda, California 94501, Alameda, 94501 - 2 bed, 2 bath

2515 Central Ave 203k, Alameda, California 94501 home-pic-0

2515 Central Ave 203k

Alameda, California 94501

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,271Sq Ft
15,748Lot Size

Property Price

LIST PRICE$719,900

SUMMARY

Analysis of 2515 Central Ave 203k, Alameda, California 94501 is currently available with a list price of $719,900. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained, featuring a newly painted interior, updated stainless steel kitchen appliances, and modern laminate/LVP flooring. While the 1975 construction and kitchen cabinetry reflect an older style, the unit has been refreshed sufficiently to avoid immediate renovation needs, fitting the criteria for a well-maintained home within its age bracket.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).

  • Exceptional Walkability and Location

    Located in Alameda’s desirable East End, the property boasts an elite walk score with immediate proximity to Park Street’s dining and shopping, as well as top-rated schools like Edison Elementary and Alameda High.

  • Spacious and Functional Floor Plan

    The 1,271 square foot single-level layout is notably generous for a two-bedroom condo, featuring a primary suite with a walk-in closet, in-unit laundry, and a bright enclosed solarium that provides versatile extra living space.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-03-03. The sold price is $735,000.00.

  • Vintage Building Era

    Constructed in 1975, the building may lack the modern energy efficiencies and contemporary architectural aesthetics of newer developments, potentially leading to future cosmetic or system updates.

  • Recurring Monthly Overhead

    The $500 monthly association fee adds a significant fixed cost to the owner's budget, which may impact overall affordability compared to single-family alternatives in different price brackets.

About 2515 Central Ave 203k

This spacious 2-bedroom, 2-bath condominium offers 1,271 square feet of single-level living in Alameda’s desirable East End neighborhood. Quality is established through the newly painted interior, which features a well maintained kitchen and bathrooms, alongside a bright enclosed balcony/solarium for flexible living space. Key amenities include the convenience of in-unit laundry, a generous primary suite with a walk-in closet, and an extra storage room. The property secures two assigned spaces in the underground parking garage and provides easy building access via elevator. Residents benefit from an excellent 9.8/10 Walk Score, placing daily errands, dining, and shopping on Park Street within easy reach. The location is ideal for families, with Edison Elementary School just 0.3 miles away, and offers proximity to public transit options. This condo is a well-appointed, convenient living solution.

Property Details

Public Facts

Property Type
Condominium
Year Built
1975
Lot Size
15,748 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$500.0 / Month

Neighborhood Insights

Alameda Unified Schools

Edison Elementary School

Grades K-5 • 0.3 mi

8/10

Frank Otis Elementary School

Grades K-5 • 0.7 mi

8/10

Amelia Earhart Elementary School

Grades K-5 • 1.3 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,2711,193
56%
Lot Size15,74811,731
53%
Price$719.9K$730.0K
50%
Price per sq ft$566$580
47%
Built year19751974
56%
HOA$500.0$548
50%
Days on market30185
3%

Pricing History

Listed for Sale

Feb 27, 2026

$719,900

$728,000

-1% Price Drop

Initial Listing

Price Change

Feb 5, 2026

$728,000

Initial Listing

Sold

Mar 3, 2025

$735,000

Public Record

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