
Alameda, California 94501
This Residential Income Duplex is listed at $1,180,000, representing a stable asset in a high-demand Alameda corridor. The property features a versatile layout with a 3-bedroom upper unit and a 2-bedroom lower unit, offering significant rental flexibility. Currently holding a Condition Rating of 4, the 1908 structure is functional but dated, providing a clear path for value-add modernization to meet the $1,049,370 Fair Market Value. Located within a Top-Rated School District featuring 9/10 rated schools like Alameda High, it is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2517 Webb Ave Subject | $1,180,000* List Price | 0 | 0 | 2,053 | $511 | - |
A 1822 San Antonio Ave Sold | $1,170,000 | 0 | 0 | 2,107 | $555 | 1.0 mi |
B 1848 Walnut St. Sold | $1,102,500 | 0 | 0 | 1,665 | $662 | 0.5 mi |
C 840 Oak St Sold | $998,000 | 0 | 0 | 1,865 | $535 | 0.6 mi |
D 2154 Encinal Ave Sold | $1,015,000 | 0 | 0 | 2,143 | $474 | 0.6 mi |
E 2109 Lincoln Ave Sold | $870,000 | 0 | 0 | 1,968 | $442 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, this property is functional but dated. The exterior shows signs of deferred maintenance like peeling paint, while the interior features older flooring and drop ceilings. Bathrooms have received mid-range updates likely over 15-20 years ago, placing it in the fair category requiring minor repairs and modernization.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
This duplex configuration featuring a 3-bedroom upper unit and a 2-bedroom lower unit offers excellent flexibility for owner-occupiers looking to house-hack or investors seeking high rental demand.
The property is ideally located near highly-rated institutions including Alameda High and Edison Elementary, which consistently drives property value and attracts long-term tenants.
Built in 1908, the property likely requires specialized upkeep and potential infrastructure modernizations common with century-old structures to meet contemporary efficiency standards.
The 4,099 square foot lot is relatively compact for a multi-unit property, which may limit private outdoor space and off-street parking options for five total bedrooms.
Located on a very quiet street. The upper unit has 3 bedrooms, 2 bathrooms, large living room and good size kitchen/dining combo. The lower unit has 2 bedrooms and 1 bathroom. The flat backyard has matured fruit trees, and is great for gardening. The attached 1-car garage can fit 2 small cars (tandem parking) plus additional space for possible ADU conversion. Close to shopping, dining, high school, only minutes away from freeway 880.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,053 | 2,924 | 33% |
| Lot Size | 4,099 | 6,175 | 19% |
| Price | $1.18M | $1.13M | 57% |
| Price per sq ft | $575 | $450 | 81% |
| Built year | 1908 | 1907 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 209 | 5% |
Apr 28, 2026
$1,180,000
Initial Listing
Jan 9, 2018
$950,000
Public Record