3122 La Cresta, Alameda, California 94502, Alameda, 94502 - 3 bed, 3 bath
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3122 La Cresta
Alameda, California 94502
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,628Sq Ft
1,650Lot Size
Property Price
LIST PRICE$865,000
EST. MARKET VALUE
$831,379
4% AboveMARKET VALUE
SUMMARY
This Turnkey Townhouse is listed at $865,000, reflecting a stable market position relative to its $831,379 Fair Market Value. While the property requires modernization to its dated kitchen and baths, it boasts a Condition Rating of 4 with recent cosmetic upgrades including new flooring and paint. Residents benefit from a Park/Greenbelt View, a private patio, and access to Top-Rated Schools like Amelia Earhart Elementary and Lincoln Middle (9/10). With its commuter-friendly proximity to the Harbor Bay Ferry, this residence is an ideal choice for Owner-Occupants and first-time buyers seeking a lifestyle-focused home.
Estimated Market Value
$831,379
Based on Realkey algorithm analyzing recent comparable sales in Alameda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3122 La Cresta Subject | $865,000* List Price | 3 | 3 | 1,628 | $511 | - |
A 3447 Capella Ln Sold | $815,000 | 3 | 3 | 1,642 | $496 | 0.5 mi |
B 3027 Linda Vis Sold | $870,000 | 3 | 3 | 1,628 | $534 | 0.2 mi |
C 1024 Fontana Dr Sold | $750,000 | 3 | 3 | 1,584 | $473 | 0.2 mi |
D 3343 Solomon Ln Sold | $890,000 | 3 | 3 | 1,639 | $543 | 0.3 mi |
E 3315 Willis Lane Sold | $865,000 | 3 | 3 | 1,628 | $531 | 0.3 mi |
F 3362 Tonga Ln Sold | $900,000 | 3 | 3 | 1,673 | $538 | 0.4 mi |
G 3211 Phoenix Ln Sold | $920,000 | 4 | 3 | 1,730 | $532 | 0.2 mi |
H 1130 Fontana Drive Sold | $750,000 | 3 | 2 | 1,280 | $586 | 0.2 mi |
I 1175 Island Dr Pending | $837,000 List Price | 3 | 3 | 1,639 | $511 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968, the property features recent cosmetic updates including new paint, carpet, and LVP flooring. However, the kitchen and bathrooms remain dated with older cabinetry and laminate countertops (likely >20 years old), requiring modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
- Turnkey Condition
The property is move-in ready with extensive recent updates, including new luxury vinyl plank flooring, fresh interior paint, new carpeting, and upgraded hardware throughout.
- Commuter-Friendly Location
Ideally situated for professionals, the home offers easy access to the Harbor Bay Ferry for San Francisco commutes and is minutes away from Oakland International Airport.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Ownership Restrictions
The property is subject to strict rent restrictions and must be owner-occupied, which eliminates its potential as an investment rental and limits future exit strategies.
- High Monthly HOA Dues
At $605 per month, the association fee is a significant recurring expense that may impact buyer affordability and debt-to-income ratios.
About 3122 La Cresta
We are proud to present this well-located Casitas Alameda Townhouse. It is clean, updated, and ready for immediate occupancy. The property features a comfortable floor plan with a downstairs laundry room and a large, low-maintenance private patio located between the townhouse and the oversized, two-car garage with an automatic opener. Recent updates include new interior paint, new light fixtures, new wall-to-wall carpeting, and luxury vinyl plank flooring. It also features new window coverings, as well as new doors and hardware throughout. Homeowner Association amenities include a community swimming pool, playground, and clubhouse. The townhouse is located just minutes from shopping, eateries, and the Corica golf course, with easy access to the Oakland International Airport and the Harbor Bay Ferry that runs weekdays to the San Francisco Ferry Building. Please note that rental restrictions apply, and the unit must be owner-occupied.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1968
- Lot Size
- 1,650 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $605.0 / Month
Neighborhood Insights
Alameda Unified Schools
Amelia Earhart Elementary School
Grades K-5 • 0.8 mi
9/10
Futures Elementary School
Grades K-5 • 3.4 mi
2/10
Community United Elementary School
Grades K-5 • 3.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,628 | 1,572.833 |
| Lot Size | 1,650 | 1,815.333 |
| Price | $865.0K | $873.1K |
| Price per sq ft | $531 | $574 |
| Built year | 1968 | 1973 |
| HOA | $605.0 | $587 |
| Days on market | 9 | 42 |
Pricing History
Listed for Sale
Aug 31, 2026
$865,000
Initial Listing