
Alameda, California 94501
This Fernside Duplex represents a High-Potential Investment Opportunity, listed at $1,400,000—positioned well above the $1,310,761 Fair Market Value by -6%. Featuring a Condition Rating of 3, this property offers a turnkey upstairs unit with refinished hardwood floors and a stable tenant-occupied lower unit. Located in a premier district with 9/10 rated schools like Alameda High and Lincoln Middle, it provides long-term stability. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack in a top-tier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2926 2928 Fernside Blvd Subject | $1,400,000* List Price | 0 | 0 | 2,864 | $458 | - |
A 1817 Everett Sold | $1,150,000 | 0 | 0 | 3,019 | $381 | 0.5 mi |
B 2135 Buena Vista Ave Sold | $1,600,000 | 0 | 0 | 3,028 | $528 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1937 build date, the property is well-maintained and move-in ready. Recent cosmetic updates include refinished hardwood floors and fresh paint. The interior shows functional tile flooring and updated fixtures likely within the 10-20 year range, meeting the criteria for a well-maintained, functional residence.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
Situated in the prestigious Fernside neighborhood, the property is within walking distance to top-tier schools like Edison Elementary and Alameda High, ensuring strong long-term value and high tenant demand.
Unlike typical multi-family units, these residences offer 2,864 sqft of living space with fireplaces, formal dining rooms, and dedicated laundry rooms, providing the feel and functionality of a single-family home.
The downstairs unit is currently tenant-occupied, which may limit immediate access for full-building renovations or buyers looking to occupy the entire property upon closing.
The backyard is primarily cemented; while functional for outdoor dining, it lacks the traditional lawn or garden space often desired by families in this residential area.
This is a rare Fernside duplex where each unit lives like a home with large rooms, a living room with a fireplace, a separate dining room, an eat in kitchen and a laundry room. The upstairs unit (2928)has been just painted and the wood floors refinished. The downstairs unit (2926) is tenant occupied and has a similiar floor plan. It is an outstanding property that won't last long. Each unit has a garage space and there is a cemented backyard where you can barbeque.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,864 | 2,522.5 |
| Lot Size | 4,000 | 5,602.5 |
| Price | $1.40M | $1.14M |
| Price per sq ft | $489 | $479 |
| Built year | 1937 | 1900 |
| HOA | $0 | $0 |
| Days on market | 5 | 86 |
Jul 17, 2026
$1,400,000
Initial Listing