
Alameda, California 94501
This Versatile Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,099,000—positioned well below the $1,134,539 Fair Market Value by 3%. This valuation gap offers $35,539 in Instant Equity. Boasting a Condition Score of 3, the home features stone countertops, a Jack-and-Jill bathroom, and a private deck and patio. Located near Top-Rated 9/10 Schools including Alameda High, this property balances lifestyle appeal with financial growth. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 892 Laurel Street Subject | $1,099,000* List Price | 3 | 2 | 1,579 | $719 | - |
A 1848 Walnut St. Sold | $1,102,500 | 4 | 2 | 1,665 | $662 | 0.8 mi |
B 2431 Roosevelt Dr Sold | $1,414,000 | 2 | 3 | 1,589 | $890 | 0.3 mi |
C 2829 Otis Dr Sold | $1,200,000 | 3 | 2 | 1,869 | $642 | 0.6 mi |
D 2839 Washington St Sold | $1,060,000 | 3 | 2 | 1,193 | $889 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1908, the property is well-maintained and move-in ready. The kitchen and bathrooms have been updated with functional finishes (stone countertops and painted cabinetry) that appear to be in the 10-20 year age range. The home features a mix of original hardwood and newer laminate flooring, and the overall condition suggests consistent maintenance rather than a need for immediate major rehab.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
Situated in the heart of Alameda, the property is just steps from Park Avenue Park and only three blocks from the popular shopping and dining corridor on Encinal Avenue.
The home is located within a highly desirable school district, with proximity to Alameda High School and Donald D. Lum Elementary, both of which carry elite 9/10 ratings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1579, other record living area = 1426. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
As a residence built in 1908, the property may require more frequent maintenance or modernization of older systems compared to newer constructions.
The placement of the washer and dryer in the basement may be considered an inconvenience for buyers preferring main-level utility access.
This delightful single-family home in the heart of Alameda is brimming with charm and versatility! Spanning 1,579 square feet, this detached residence offers a thoughtfully designed layout that combines warmth, functionality, and comfort. With three spacious bedrooms and two full bathrooms, this home is perfectly suited for modern living. As you step inside, you're welcomed by a generous entryway flanked by a cozy living room on one side and a dining room on the other. The dining room seamlessly flows into a large kitchen featuring tile floors, ample windows that invite natural light, and a charming breakfast nook, perfect for your morning coffee or casual meals. The bedrooms are designed with comfort in mind. Two of the bedrooms are connected by a convenient Jack-and-Jill bathroom, ideal for family living or hosting guests. The third bedroom is tucked away at the rear of the home, offering added privacy and its own separate bathroom. Throughout, you'll find a mix of hardwood and laminate flooring that enhances the home’s character. Downstairs, the basement provides bonus space ready to adapt to your needs, whether it’s storage, a workshop, or a creative studio. The washer and dryer are also conveniently located here. Outside, this home sits on a picturesque street just a stone’s throw from Park Avenue Park and only three blocks from the shops and restaurants along bustling Encinal Avenue. It’s the perfect blend of classic charm, convenience, and lifestyle appeal. Don’t wait—make 892 Laurel Street your new home! Schedule your showing today and discover all the possibilities this Alameda gem has to offer.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 4-5 • 0.8 mi
Grades K-5 • 0.9 mi
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 | 1,579 | 1,824 | 38% |
| Lot Size | 4,000 | 4,670 | 39% |
| Price | $1.10M | $1.43M | 24% |
| Price per sq ft | $696 | $760 | 33% |
| Built year | 1908 | 1918 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 110 | 4% |
May 6, 2026
$1,099,000
Initial Listing
Jul 31, 2001
$450,000
Public Record
Feb 11, 1998
$261,000
Public Record