
Alameda, California 94501
This Classic Alameda Duplex represents a Strong Value Opportunity, listed at $900,000—positioned well below the $991,943 Fair Market Value by 9%. This valuation gap provides $91,943 in Instant Equity for buyers. While maintaining a Fair Condition Rating due to deferred modernization, the property features a 5,130 sq ft lot and a garage with significant ADU Conversion Potential. Located near Crown Beach and Encinal Junior/Senior High, it offers high rental demand. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 444 Lincoln Ave Subject | $900,000* List Price | 0 | 0 | 2,345 | $423 | - |
A 1220 9th St Sold | $960,000 | 0 | 0 | 2,008 | $478 | 0.8 mi |
B 1059 Santa Clara Ave Sold | $920,000 | 0 | 0 | 2,947 | $312 | 1.0 mi |
C 1705 5th St Pending | $1,100,000 List Price | 0 | 0 | 2,924 | $376 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1906 duplex is a well-maintained but aged property that exhibits 'deferred modernization' according to the listing details. While the exterior and roof appear to be in functional condition, the property retains much of its original character, which typically indicates outdated kitchen and bathroom fixtures, older electrical systems, and a need for aesthetic and functional updates. The lack of interior photos often suggests that the living spaces require renovation to meet modern standards, placing it firmly in the 'fair' category as a solid but dated investment.
This duplex offers a flexible top-and-bottom layout ideal for owner-occupants or investors, featuring a garage with ADU conversion potential for additional value.
Situated in West Alameda, the property is minutes from Washington Park, Crown Beach, and the SF Ferry, providing excellent lifestyle and commuter appeal.
The 5,130 sq ft lot includes a long driveway for off-street parking and a spacious backyard, a rare and valuable find for a multi-unit property in this area.
Built in 1906, the property retains original character but likely requires significant capital investment to update systems and finishes to modern standards.
While the garage offers ADU potential, converting a century-old structure may involve unforeseen structural challenges and high permitting costs to meet current codes.
Classic Alameda duplex on a quiet, established street. Built in 1906, this property offers approx. 2,345 sq ft on a 5,130 sq ft lot, with two spacious units in a top-and-bottom layout that works well for both investors and owner-occupants. The upper unit gets great light and added privacy, while the lower unit has easy ground-level access. Both units have comfortable, functional layouts with original character and room to make it your own over time. There’s a long driveway for off-street parking, plus a backyard space that’s great for entertaining, gardening, or just enjoying the outdoors. The existing garage opens the door for possible ADU conversion or other uses (buyer to verify). Location is a strong point—close to Washington Park and Crown Beach, with easy access to local schools, neighborhood spots, shoreline paths, and commuter options including AC Transit and the SF ferry. Whether you’re planning to live in one and rent the other, or hold as an investment, this is a solid Alameda property with long-term upside.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,345 | 2,345 | 50% |
| Lot Size | 5,130 | 6,000 | 37% |
| Price | $900.0K | $1.10M | 16% |
| Price per sq ft | $384 | $442 | 32% |
| Built year | 1906 | 1900 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 168 | 5% |
Apr 16, 2026
$900,000
Initial Listing