
Alameda, California 94501
This Single Family Residence represents a Prime Investment Opportunity, listed at $949,000—positioned well below the $971,187 Fair Market Value by 2%. This valuation gap provides $22,187 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile Studio ADU, perfect for rental income. Located in a district with Top-Rated Schools (9/10 ratings), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready asset with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2826 San Jose Avenue Subject 2 bd · 1 ba · 923 sqft · $1,052 | $949,000* List Price | 2 | 1 | 923 | $1,052 | - |
A 1095 Peach St Sold 2 bd · 1 ba · 974 sqft · $970 · 0.3 mi | $945,000 | 2 | 1 | 974 | $970 | 0.3 mi |
B 2516 Buena Vista Ave Sold 2 bd · 1 ba · 891 sqft · $909 · 0.7 mi | $810,000 | 2 | 1 | 891 | $909 | 0.7 mi |
C 1376 Versailles Ave Sold 2 bd · 2 ba · 1,004 sqft · $1,205 · 0.3 mi | $1,210,000 | 2 | 2 | 1,004 | $1,205 | 0.3 mi |
D 2801 Clay St Sold 2 bd · 1 ba · 1,290 sqft · $915 · 0.2 mi | $1,180,000 | 2 | 1 | 1,290 | $915 | 0.2 mi |
E 2515 Noble Ave Pending 3 bd · 1 ba · 1,177 sqft · $849 · 0.6 mi | $999,000 List Price | 3 | 1 | 1,177 | $849 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1920, the property has undergone significant renovations within the 5-15 year range. The kitchen features updated white cabinetry, granite countertops, and stainless steel appliances. The bathroom, flooring, and interior paint are well-maintained and modern, making the home fully functional and move-in ready.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property features a detached studio ADU equipped with a full kitchen and bathroom, providing excellent flexibility for rental income, multi-generational living, or a private home office.
Located in Alameda's desirable East End, the home is served by highly-rated schools, including Lincoln Middle and Alameda High, both of which hold impressive 9/10 ratings.
At just 923 square feet for the main two-bedroom residence, the interior footprint may feel restrictive for buyers seeking spacious common areas or larger bedrooms.
The 3,700 square foot lot is relatively small, especially with two structures on-site, which limits the available space for traditional backyard landscaping or large-scale outdoor entertaining.
Discover a delightful East End retreat in one of Alamedas most cherished neighborhoods, where classic island charm meets an easygoing community atmosphere. This inviting 2-bedroom, 1-bath home offers 923 sq. ft. of comfortable living space with hardwood flooring, an eat-in kitchen with granite countertops and a full suite of appliances, and a cozy living room centered around a wood-burning fireplace. Tucked behind the main home, a studio ADU with a fully equipped kitchen and full-size bathroom provides wonderful flexibility for guests, extended living, or a private workspace. Set on an approximately 3,700 sq. ft. lot, this special property offers a welcoming place to call home while enjoying the distinctive character and relaxed lifestyle of Alamedas East End.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 923 | 1,790.196 |
| Lot Size | 3,700 | 4,403.078 |
| Price | $949.0K | $1.42M |
| Price per sq ft | $1.0K | $831 |
| Built year | 1920 | 1928 |
| HOA | $0 | $269 |
| Days on market | 37 | 37 |
Sep 17, 2026
$949,000
Initial Listing
May 30, 2001
$350,000
Public Record