3204 Fiji Ln, Alameda, California 94502, Alameda, 94502 - 4 bed, 3 bath
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3204 Fiji Ln
Alameda, California 94502
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,766Sq Ft
1,694Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$749,000
6% BelowMARKET VALUE
SUMMARY
This 4-bedroom townhome represents a Strong Value Opportunity, listed at $749,000—positioned well below the $819,474 Fair Market Value by 8%. This valuation gap provides $70,474 in Instant Equity for buyers. With a Condition Rating of 4, the property requires cosmetic updates, offering significant potential for forced appreciation. Located in the Islandia HOA with access to Top-Rated Schools like Amelia Earhart Elementary and Alameda High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$749,000+$50,000 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3204 Fiji Ln Subject 4 bd · 3 ba · 1,766 sqft · $424 | $699,000* List Price | 4 | 3 | 1,766 | $424 | - |
A 1175 Island Dr Sold 3 bd · 3 ba · 1,639 sqft · $511 · 0.1 mi | $837,000 | 3 | 3 | 1,639 | $511 | 0.1 mi |
B 3447 Capella Ln Sold 3 bd · 3 ba · 1,642 sqft · $496 · 0.5 mi | $815,000 | 3 | 3 | 1,642 | $496 | 0.5 mi |
C 402 Baywood Rd Sold 3 bd · 3 ba · 1,725 sqft · $377 · 0.5 mi | $650,000 | 3 | 3 | 1,725 | $377 | 0.5 mi |
D 1024 Fontana Dr Sold 3 bd · 3 ba · 1,584 sqft · $473 · 0.4 mi | $750,000 | 3 | 3 | 1,584 | $473 | 0.4 mi |
E 1148 Bismarck Lane Pending 3 bd · 3 ba · 1,673 sqft · $418 · 0.2 mi | $700,000 List Price | 3 | 3 | 1,673 | $418 | 0.2 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 1970, this townhome is over 50 years old but well-maintained by the HOA externally. The interior, as seen in the bathroom photo, is highly dated with older fixtures and finishes, matching the listing description of having 'lots of potential' and needing cosmetic updates.
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).
- Top-Rated School District
The property is zoned for highly-rated schools, including Amelia Earhart Elementary and Alameda High, providing significant long-term value for families.
- Resort-Style Community Amenities
Located in the Islandia HOA, residents benefit from a community pool, clubhouse, and direct access to the Bay Trail for outdoor recreation.
CONSRISKS & DEFICIENCIES
- Likely Needs Updates
Described as having 'lots of potential,' the 1970s-built home likely requires significant cosmetic or structural modernization to meet contemporary standards.
- High Monthly HOA Dues
The $583 monthly association fee is a substantial recurring expense that impacts the buyer's overall monthly carrying costs and affordability.
About 3204 Fiji Ln
PRICE CHANGED! 4-Bedroom Townhome with lots of potential in great location in Islandia Hoa. (4th bedroom currently used as retreat). Living room with fireplace. Family room off kitchen. Sunny backyard. Detached two-car garage. The Islandia community offers resort-style amenities including a community pool, a large clubhouse perfect for hosting events, and a greenbelt that brings space and serenity to your everyday routine. Convenient Bay Trail for jogging or sunset stroll. With top-rated schools, local eateries, shopping, and easy access to the SF Ferry, Transbay buses, BART, & Oakland International Airport.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1970
- Lot Size
- 1,694 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $583.0 / Month
Neighborhood Insights
Alameda Unified Schools
Amelia Earhart Elementary School
Grades K-5 • 1.0 mi
9/10
Futures Elementary School
Grades K-5 • 3.5 mi
2/10
Community United Elementary School
Grades K-5 • 3.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.8 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,766 | 1,588.28 |
| Lot Size | 1,694 | 1,775.2 |
| Price | $699.0K | $870.6K |
| Price per sq ft | $396 | $579 |
| Built year | 1970 | 1972 |
| HOA | $583.0 | $586 |
| Days on market | 44 | 41 |
Pricing History
Listed for Sale
Oct 9, 2026
$699,000
$749,000
-7% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$749,000
Initial Listing