318 318 Cypress St D, Alameda, California 94501, Alameda, 94501 - 3 bed, 2 bath
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Alameda, California 94501
This Updated West End Cottage is a Prime Investment Opportunity, listed at $668,000—positioned well below the $699,000 Fair Market Value by 4%. This valuation gap offers $31,000 in Instant Equity. Featuring a Move-In Ready Condition Rating, the home includes refinished hardwood floors, new windows, and a private backyard with a freshly painted deck. Located near Top-Rated Schools and Webster Street, it combines financial upside with a high-quality lifestyle. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking value in a premium location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 318 318 Cypress St D Subject | $648,000* List Price | 3 | 2 | 925 | $735 | - |
A 1808 Main Street Active | $460,000 List Price | 1 | 1 | 587 | $784 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent updates including new windows, a new heater, refinished hardwood floors, and fresh interior paint. While the structure dates back to 1945, the combination of functional system upgrades and aesthetic improvements like new lighting and a painted deck meets the criteria for a well-maintained home with minimal immediate renovation required.
Situated in Alameda’s highly desirable West End, the property offers exceptional walkability to Webster Street dining, Spirits Alley, and top-rated schools.
Extensive recent improvements including refinished hardwood floors, new windows, a new heater, and fresh interior paint provide modern comfort and style.
The home features a private backyard with a freshly painted deck, fruit trees, and a spacious storage shed, offering rare outdoor utility for this property type.
As part of a Co-Op, the property may involve more complex financing requirements and board approval processes compared to traditional condominiums.
With three bedrooms distributed across just 925 square feet, the interior layout and individual room sizes may feel restrictive for some buyers.
The Woodstock Co-Op is a delightful collection of vintage cottages, offering a warm and welcoming community in Alameda’s highly desirable West End. This lovely 3-bedroom, 1.5-bath home has been thoughtfully updated with refinished hardwood floors, a new heater, new lighting, fresh interior paint, freshly painted deck, and new windows for enhanced comfort and style for modern comfort. The backyard featuring a wood deck perfect for relaxing or entertaining, along with fruit trees that add seasonal enjoyment. A spacious shed provides valuable additional storage or a convenient workspace. Perfectly locate near the Webster Street Dining and Shopping, Spirits Alley, Post office, Parks, Alameda Landing shopping, and Top-rated Schools, this location delivers unbeatable convenience with a true neighborhood feel. Just minutes from the Posey Tube, commuting is easy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 925 | 1,138 | 22% |
| Lot Size | - | 18,631.5 | 28% |
| Price | $648.0K | $650.0K | 44% |
| Price per sq ft | $701 | $561 | 81% |
| Built year | 1945 | 1974 | 3% |
| HOA | $460.0 | $599 | 36% |
| Days on market | 58 | 173 | 8% |
Apr 15, 2026
$648,000
$668,000
-3% Price Drop
Initial Listing
Feb 26, 2026
$668,000
$699,000
-4% Price Drop
Initial Listing
Feb 23, 2026
$699,000
Initial Listing