914 Alice, San Leandro, California 94577, San Leandro, 94577 - 3 bed, 2 bath
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914 Alice
San Leandro, California 94577
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,182Sq Ft
8,107Lot Size
Property Price
LIST PRICE$729,900
EST. MARKET VALUE
$772,147
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $729,900—positioned well below the $769,362 Fair Market Value by 5%. This valuation gap offers $39,462 in Instant Equity. Featuring a Fair Condition Rating, the home benefits from a 2024 roof and foundation, providing a stable base for value-add renovations. The 8,107 sqft lot offers significant development potential for ADU/JADU additions. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize equity through strategic improvements.
Estimated Market Value
$772,147+$42,247 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Leandro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 914 Alice Subject | $729,900* List Price | 3 | 2 | 1,182 | $653 | - |
A 261 261 Julius St Sold | $760,000 | 2 | 2 | 1,069 | $711 | 0.2 mi |
B 205 Julius Street Sold | $737,000 | 2 | 1 | 1,073 | $687 | 0.3 mi |
C 1637 Lake Chabot Terrace Sold | $810,000 | 3 | 1 | 1,315 | $616 | 0.9 mi |
D 824 824 Maud Ave Sold | $900,000 | 3 | 2 | 1,338 | $673 | 1.0 mi |
E 450 Lewis Ave Pending | $825,000 List Price | 3 | 2 | 1,511 | $546 | 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 1924 and marketed as an 'Investor Special,' the property requires interior updates. While the foundation and roof were replaced in 2024, the kitchen and bathrooms appear dated (estimated 15-20+ years old), and the listing explicitly states the home 'needs work' to reach its full potential.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8107, living area = 1182.
- Development Potential
The expansive 8,107 sqft flat lot with an extra-wide side yard provides a significant opportunity to add both an ADU and JADU, maximizing the property's rental income or multi-generational utility.
- Recent Structural Upgrades
The property features a brand-new roof and foundation work completed in 2024, offering a solid structural head start and reducing the risk of high-cost capital repairs for the next owner.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Marketed as an 'Investor Special' that needs work, the property requires substantial interior and exterior updates, which may necessitate a significant additional budget and contractor expertise.
- Aged Infrastructure
Built in 1924, the home likely contains century-old systems such as plumbing and electrical that may require modernization to meet current building codes and modern living standards.
About 914 Alice
Investor Special! Large flat lot! Nestled in a quiet residential neighborhood surrounded by single-family homes, this property is packed with potential. Set on a spacious lot with an extra-wide side yard, it offers an excellent opportunity to add both an ADU and JADU (buyer to verify with the city). While the home needs work, it features a solid foundation (100K+ work done in 2024) and a new roof (work done in 2024), providing a strong head start for your project. Ideal for investors, contractors, or buyers looking to build equity, this property is perfect for a fix-and-flip, rental investment, or multi-generational living. Conveniently located near shopping, dining, schools, and major freeways for easy commuting. Don't miss this exceptional opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 8,107 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Leandro Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.1 mi
6/10
Washington Elementary School
Grades K-5 • 0.6 mi
5/10
Grass Valley Elementary School
Grades K-5 • 1.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,182 | 1,384.25 |
| Lot Size | 8,107 | 5,266.528 |
| Price | $729.9K | $890.9K |
| Price per sq ft | $618 | $649 |
| Built year | 1924 | 1950 |
| HOA | $0 | $148 |
| Days on market | 47 | 39 |
Pricing History
Listed for Sale
Jul 24, 2026
$729,900
Initial Listing