2729 5th St, Alameda, California 94501, Alameda, 94501 - 3 bed, 3 bath
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2729 5th St
Alameda, California 94501
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,303Sq Ft
16,173Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,120,242
6% BelowMARKET VALUE
SUMMARY
This Turnkey Tri-Level Townhome is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,120,242 Fair Market Value by 6%. This valuation gap offers $70,242 in Instant Equity for the buyer. Featuring a Chef-Inspired Kitchen with granite counters and a Mint Condition Rating, this residence offers a sophisticated, low-maintenance lifestyle. Located in Alameda Landing near top-rated schools like Encinal Junior/Senior High, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a modern, move-in ready sanctuary.
Estimated Market Value
$1,120,242+$70,242 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Alameda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2729 5th St Subject | $1,050,000* List Price | 3 | 3 | 2,303 | $486 | - |
A 472 Diller St Sold | $1,065,000 | 3 | 3 | 2,310 | $461 | 0.2 mi |
B 475 Mitchell Avenue Sold | $1,070,000 | 4 | 4 | 2,303 | $465 | 0.2 mi |
C 467 Mitchell Ave Sold | $1,125,000 | 3 | 4 | 1,937 | $581 | 0.2 mi |
D 477 Mitchell Ave Sold | $1,170,000 | 3 | 3 | 2,072 | $565 | 0.2 mi |
E 538 Martin Mariner Avenue Sold | $1,150,000 | 3 | 3 | 1,997 | $576 | 0.2 mi |
F 6 Invincible Ct F40 Sold | $900,000 | 2 | 4 | 1,959 | $459 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this 10-year-old property is in mint condition and features a modern open-concept layout. The chef-inspired kitchen with granite countertops and stainless steel appliances, along with the contemporary bathrooms and updated systems, require no maintenance and are move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turn-Key Design
Built in 2016, this contemporary townhome features high-end finishes including granite countertops, stainless steel appliances, and a spacious open-concept Great Room that is move-in ready.
- Prime Commuter Location
Situated in the heart of Alameda Landing, the property offers exceptional convenience with immediate access to the Alameda Ferry, HWY 880, and major retail hubs like Target and Safeway.
- Generous Living Space
At 2,303 sq. ft., this residence provides a significantly larger footprint than typical area condos, complemented by a private balcony and a full-sized two-car garage.
CONSRISKS & DEFICIENCIES
- Multi-Level Configuration
The tri-level layout requires navigating multiple flights of stairs, which may be a drawback for buyers with mobility concerns or those seeking single-level living.
- Recurring HOA Expenses
The monthly association fee of $451 adds a substantial fixed cost to the property's ownership, which may impact the overall budget for some prospective buyers.
About 2729 5th St
Discover comfortable modern living in the heart of Alameda Landing— a tri-level townhome-style condo that effortlessly blends sophisticated design, generous space, and everyday convenience. Lovingly maintained and move-in ready, this 3-bedroom, 2.5-bath residence spans 2,303 sq. ft. of bright, contemporary living just minutes from waterfront trails, shopping, and dining. Enter through a welcoming first floor with storage closet and direct access to a spacious two-car garage, before ascending to the open-concept main level - where sunlight illuminates an open-concept Great Room perfect for effortless entertaining. The chef-inspired kitchen shines with stainless steel appliances, sleek granite counters, an eat-in island, and abundant cabinetry, while the adjacent dining area and private balcony create an easy flow for relaxing or entertaining. Outside your door, life at Alameda Landing means effortless access to everything—Target, Safeway and popular eateries are just minutes away. Enjoy waterfront trails, community parks, and the local business favorites of Webster Street. Commuting is effortless with easy access to the Alameda Ferry, HWY 880, and Oakland Airport.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2016
- Lot Size
- 16,173 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $451.0 / Month
Neighborhood Insights
Alameda Unified Schools
Ruby Bridges Elementary School
Grades K-5 • 0.5 mi
4/10
Will C. Wood Middle School
Grades 6-8 • 2.0 mi
5/10
Encinal Junior/Senior High
Grades 6-12 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,303 | 1,428.636 |
| Lot Size | 16,173 | 34,764.636 |
| Price | $1.05M | $699.0K |
| Price per sq ft | $456 | $532 |
| Built year | 2016 | 1999 |
| HOA | $451.0 | $537 |
| Days on market | 14 | 51 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,050,000
Initial Listing
Sold
Oct 19, 2016
$906,000
Public Record