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

2515 Central Ave 203k
Alameda, California 94501
Property Price
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
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
Frank Otis Elementary School
Grades K-5 • 0.7 mi
Amelia Earhart Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,271 | 1,193 | 56% |
| Lot Size | 15,748 | 11,731 | 53% |
| Price | $719.9K | $730.0K | 50% |
| Price per sq ft | $566 | $580 | 47% |
| Built year | 1975 | 1974 | 56% |
| HOA | $500.0 | $548 | 50% |
| Days on market | 30 | 185 | 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



































