2737 5th Street, Alameda, California 94501, Alameda, 94501 - 3 bed, 4 bath
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Alameda, California 94501
This Modern Townhouse is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,141,238 Fair Market Value by 12%. This valuation gap offers $143,238 in Instant Equity for the buyer. Featuring a 2016 build date and an Excellent Condition Rating, the home offers a turnkey layout with a chef’s kitchen and three bedroom suites. While school ratings are moderate, the prime West End location provides significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking modern, low-maintenance living.
Property is new construction or fully renovated.
Built in 2016, this property is within the 10-year age threshold for excellent condition. The home features a modern chef's kitchen with stainless steel appliances and subway tile backsplash, contemporary bathrooms, and updated systems. The interior is in mint condition with no visible maintenance required.
Built in 2016, the home features three full bedroom suites, including a versatile ground-floor suite ideal for guests or a home office, offering excellent privacy and functionality.
Located in Alameda’s vibrant West End, the property is directly across from major shopping centers and offers a perfect blend of urban energy and coastal serenity.
The heart of the home boasts a chef-inspired kitchen that opens to a bright living area and private balcony, creating an ideal space for modern entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1987, other record lot size in square feet = 16173.
The monthly association fee of $429 represents a significant ongoing carrying cost that buyers must factor into their monthly housing budget.
The assigned elementary and middle schools carry lower ratings (4 and 5) compared to other top-tier educational options within the Alameda Unified School District.
Live where city energy meets coastal serenity. This stunning residence in Alameda’s West End is the perfect home for an urban lifestyle on the water. Featuring a thoughtful layout, the ground floor offers a private bedroom suite ideal for work or guests. The heart of the home is a chef’s kitchen that opens to a bright living area and a private balcony. The upper level provides two additional bedroom suites, including a spacious primary retreat. With a top-floor laundry room, attached two-car garage, and a prime location across from world-class shopping, this home defines modern convenience.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.0 mi
Grades 6-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 1,987 | 1,809 | 70% |
| Lot Size | 1,987 | 540.5 | 60% |
| Price | $998.0K | $1.02M | 50% |
| Price per sq ft | $502 | $606 | 10% |
| Built year | 2016 | 1994 | 50% |
| HOA | $429.0 | $412 | 50% |
| Days on market | 30 | 131 | 10% |
May 7, 2026
$998,000
Initial Listing
Feb 22, 2019
$895,000
Public Record
Oct 14, 2016
$915,000
Public Record