523 The Alameda, El Granada, California 94018, El Granada, 94018 - 3 bed, 2 bath
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El Granada, California 94018
This Coastal Multi-Unit Residence is listed at $2,099,000, representing a premium acquisition compared to its $1,775,658 Fair Market Value. This valuation is underpinned by the rare inclusion of an adjacent lot and a true duplex configuration with unobstructed ocean views. Boasting an Excellent Condition Rating, the property features a newly remodeled lower unit, modern shaker cabinetry, and quartz countertops. With dual one-car garages and dedicated RV parking, this is a premier choice for Owner-Occupants seeking rental income or Lifestyle-Driven Buyers looking for a versatile coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 The Alameda Subject | $2,099,000* List Price | 3 | 2 | 1,807 | $983 | - |
A 330 Avenue Portola Sold | $1,521,200 | 5 | 2 | 1,800 | $845 | 0.1 mi |
B 1107 Columbus Street Sold | $1,550,000 | 3 | 2 | 1,640 | $945 | 0.3 mi |
C 340 Avenue Del Oro Sold | $2,195,000 | 3 | 3 | 2,195 | $1,000 | 0.2 mi |
D 139 Santa Ana Street Sold | $1,925,000 | 3 | 3 | 2,270 | $848 | 0.3 mi |
E 634 Coronado Street Pending | $1,948,000 List Price | 4 | 3 | 2,034 | $958 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, particularly in the kitchen and bathrooms which feature modern shaker-style cabinetry, quartz countertops, and high-end stainless steel appliances. The interior boasts updated wide-plank flooring, recessed LED lighting, and contemporary bathroom finishes including a glass-enclosed walk-in shower with custom tile work. Despite the 1959 build date, the home presents as a turnkey, fully modernized residence with no visible deferred maintenance.
Configured as a true duplex with separate one-car garages for each unit, this property offers exceptional potential for rental income, a guest suite, or multi-generational living.
The inclusion of an adjacent lot set up for RV parking and outdoor entertaining provides rare additional land and utility, significantly increasing the property's overall value.
The upper level features a deck with desirable ocean views, while the lower level has been newly remodeled, blending scenic appeal with modern interior finishes.
Built in 1959, the property may require more frequent maintenance or additional capital improvements to the upper unit and main systems compared to newer builds.
At a listing price of over $2 million for 1,807 square feet, the cost per square foot is high, which may limit the pool of buyers looking for more interior living space at this price level.
Located in El Granada, this home offers 1,807 square feet of living space with three bedrooms and two full bathrooms. Upstairs is a 2bd 1ba with ocean views from the deck! Downstairs is a newly remodeled 1bd 1ba. A true duplex, each unit with it's own 1 car garage. The adjacent lot is included and all set up for rv parking and outdoor entertaining! This residence provides practical living space in a convenient location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,807 | 1,807 | 50% |
| Lot Size | 6,011 | 6,050 | 47% |
| Price | $2.10M | $1.55M | 73% |
| Price per sq ft | $1.2K | $848 | 87% |
| Built year | 1959 | 1986 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 196 | 7% |
Apr 10, 2026
$2,099,000
Initial Listing
Jun 6, 2022
$1,700,000
Public Record
Sep 10, 2015
$810,000
Public Record