
Alameda, California 94501
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $995,000—positioned slightly above the $960,377 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and vintage 1930s character provide a solid foundation for value-add renovations. Located in a premier Alameda neighborhood with Top-Rated Schools (9/10 ratings), the home offers significant long-term appeal. Featuring a spacious 3,813 sqft lot and a private patio, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 Clay St Subject | $995,000* List Price | 2 | 1 | 1,290 | $744 | - |
A 892 Laurel Street Sold | $1,090,000 | 3 | 2 | 1,579 | $690 | 0.5 mi |
B 1021 1021 Broadway Sold | $1,275,000 | 3 | 2 | 1,360 | $938 | 0.2 mi |
C 1241 1241 Park Ave Sold | $860,000 | 2 | 1 | 997 | $863 | 0.5 mi |
D 2516 Buena Vista Ave Sold | $810,000 | 2 | 1 | 891 | $909 | 0.8 mi |
E 1033 Fountain St Active | $898,000 List Price | 3 | 2 | 1,439 | $624 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1930, this property is nearly 95 years old and retains much of its original vintage character. While the home appears well-maintained and staged for sale, the multi-pane windows and interior finishes are dated, and the listing description explicitly suggests the opportunity for a buyer to add their own personal touches, indicating that the kitchen, bath, and systems likely require modernization.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Situated on a picturesque, tree-lined street, this home offers the quintessential Alameda lifestyle with immediate proximity to top-rated schools, Park Street amenities, and the San Francisco ferry.
Built in 1930, this 'classic gem' features well-preserved period details and timeless character, offering a unique aesthetic that is highly coveted in the local market.
With only one bathroom for a 1,290-square-foot home, the configuration may be a drawback for families or buyers accustomed to modern multi-bath layouts.
While charming, the 1930s construction likely requires updates to systems or finishes to meet contemporary standards, necessitating additional post-purchase investment.
Fall in love with this classic Alameda gem, ideally situated on a picturesque, tree lined stretch of Clay Street. Built in 1930 and brimming with vintage character, this 2 bedroom, 1 bath single-family home offers approximately 1,290 square feet of warm, inviting living space on a generous 3,813 square foot lot a rare find on the island. From the moment you arrive, the home's timeless appeal shines through. Period details blend seamlessly with everyday comfort, creating light-filled rooms that feel both storied and livable. The floor plan offers cozy, well-proportioned bedrooms and welcoming common areas made for relaxing and entertaining alike. With good bones and abundant charm, there's a wonderful opportunity to preserve the vintage character while adding your own personal touches. The sizable lot is a true standout, offering ample room for gardening, outdoor gatherings, play, or simply soaking up the Bay Area sunshine. Imagine morning coffee on the porch and weekend barbecues in your own private outdoor retreat, with space to expand or landscape to your heart's content. Location is everything, and this address delivers the quintessential Alameda lifestyle. You're moments from the shops, cafés, and restaurants of Park Street and Webster Street, with easy access to Crown Memorial State Beach, scenic waterfront paths, top-rated schools, and neighborhood parks. Commuters will love the nearby ferry to San Francisco, AC Transit lines, and quick connections to the 880 and the Bay's major job centers all wrapped in the small-town feel that makes island living so special. Homes with this much character in such a sought-after location are tightly held and rarely come to market.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,290 | 2,099.5 |
| Lot Size | 3,813 | 5,000 |
| Price | $995.0K | $1.46M |
| Price per sq ft | $771 | $779 |
| Built year | 1930 | 1931 |
| HOA | $0 | $180 |
| Days on market | 6 | 35 |
Jul 16, 2026
$995,000
Initial Listing