2517 Webb Ave, Alameda, California 94501, Alameda, 94501 - 0 bed, 0 bath
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Alameda, California 94501
This duplex represents a High-Potential Investment Opportunity, listed at $1,180,000—positioned above the $1,069,614 Fair Market Value. While the property requires a full rehab due to its Fair Condition Rating, the Dual-Income Potential of the 3BR/2BA and 2BR/1BA units, combined with Value-Add ADU Potential in the garage, offers significant long-term upside. Situated in a premier district with 9/10 rated schools, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack while building equity through strategic renovations.
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 | $472 | - |
A 1801 Buena Vista Ave Sold | $1,120,000 | 0 | 0 | 2,700 | $415 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 with no evidence of recent major renovations. The kitchen is highly outdated with cabinetry and appliances appearing to be over 30 years old. The exterior shows significant deferred maintenance with peeling paint, and the interior requires a full rehab to modernize systems and finishes.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
As a residential income duplex featuring a 3BR/2BA upper unit and a 2BR/1BA lower unit, this property offers excellent flexibility for owner-occupants looking to house-hack or investors seeking steady rental yields.
The property is situated within the boundaries of highly-rated schools, including Alameda High and Edison Elementary (both rated 9/10 and 8/10 respectively), which significantly bolsters long-term property value and tenant desirability.
Built in 1908, this century-old structure may require substantial capital for modernizing outdated systems, seismic retrofitting, or addressing deferred maintenance typical of homes from this era.
The garage relies on tandem parking for small vehicles, which can be a significant logistical inconvenience for multi-unit tenants and may limit the property's appeal to households with larger SUVs or multiple drivers.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,053 | 2,522.5 |
| Lot Size | 4,099 | 5,602.5 |
| Price | $1.18M | $1.14M |
| Price per sq ft | $575 | $479 |
| Built year | 1908 | 1900 |
| HOA | $0 | $0 |
| Days on market | 85 | 86 |
Apr 28, 2026
$1,180,000
Initial Listing
Jan 9, 2018
$950,000
Public Record