2737 5th Street, Alameda, California 94501, Alameda, 94501 - 3 bed, 4 bath
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Alameda, California 94501
This Modern Multi-Suite Townhouse is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,077,286 Fair Market Value by 7%. This valuation gap provides $79,286 in Instant Equity for the incoming buyer. Boasting a Pristine Condition Rating, the 2016-built residence features a premium chef’s kitchen, three full bedroom suites, and a private patio. Located in Alameda's vibrant West End near Encinal Junior/Senior High, it balances upscale lifestyle perks with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or lifestyle-driven professionals looking to build immediate wealth.
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and maintains a like-new appearance. The interior features high-end finishes including a chef's kitchen with premium stainless steel appliances, a farmhouse sink, stone countertops, and a subway tile backsplash. The home is equipped with modern recessed lighting, plantation shutters, and contemporary flooring throughout. Bathrooms are updated with dual vanities and glass-enclosed showers, showing no signs of deferred maintenance or significant wear.
Built in 2016, this home features a highly functional floor plan with three full bedroom suites, including a convenient first-floor en suite perfect for guests or a private home office.
The heart of the home boasts a sophisticated chef’s kitchen equipped with high-end appliances that flows seamlessly into the main living area and a private balcony.
Situated in Alameda's vibrant West End, the property offers unparalleled convenience to local amenities and transit while providing nearly 2,000 square feet of contemporary living space.
The $429 monthly association fee adds a significant recurring expense to the cost of ownership, which may impact the purchasing power of some buyers.
The assigned elementary and middle schools currently hold lower ratings (4 and 5 respectively), which could be a drawback for families prioritizing high-performing school districts.
Located in the heart of Alamedas vibrant West End, you'll love this expansive home that provides unparalleled convenience. The thoughtful design of this home features a first-floor bedroom with an en suite bath, ideal for guests or a home office. The chefs kitchen with high-end appliances flows seamlessly into the main living space, while a charming balcony offers the perfect spot for coffee or a cocktail. Upstairs, you'll find two additional bedrooms suites, including an expansive primary suite with a walk-in closet. A top-floor laundry room and attached two-car garage complete the home.
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 | 67% |
| Square foot | 1,987 | 1,809 | 56% |
| Lot Size | - | - | 50% |
| Price | $998.0K | $998.0K | 50% |
| Price per sq ft | $502 | $643 | 11% |
| Built year | 2016 | 1972 | 56% |
| HOA | $429.0 | $430 | 44% |
| Days on market | 20 | 182 | 11% |
Apr 2, 2026
$998,000
Initial Listing
Feb 22, 2019
$895,000
Public Record
Oct 14, 2016
$915,000
Public Record