976 Park Street, Alameda, California 94501, Alameda, 94501 - bed, bath

976 Park Street, Alameda, California 94501 home-pic-0

976 Park Street

Alameda, California 94501

ACTIVE
CONDITION: POOR
0Beds
0Baths
2,238Sq Ft
6,732Lot Size

Property Price

LIST PRICE$1,375,000
EST. MARKET VALUE
$1,386,303

SUMMARY

Estimated Market Value

$1,386,303
Based on Realkey algorithm analyzing recent comparable sales in Alameda.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
976 Park Street
Subject
$1,375,000*
List Price
2,238$619-
A
2154 Encinal Ave
Sold
$1,015,000222,143$4740.4 mi
B
1818 Fremont Dr
Sold
$1,620,000322,235$7251.0 mi
C
3029 Thompson Avenue
Sold
$1,500,000311,890$7940.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1909, this property shows significant signs of age and deferred maintenance, particularly in the kitchen and bathrooms. The kitchen features very dated light wood cabinets, old laminate/tile countertops, a white square tile backsplash, and older appliances, suggesting a renovation from 30-50 years ago. Bathrooms also exhibit dated vanities, fixtures, and tile flooring. While hardwood floors are present in some living areas, the critical wet areas require substantial rehabilitation to meet modern standards. The overall condition points to a need for extensive system upgrades (electrical, plumbing, HVAC) given the property's age and lack of recent major renovations, aligning with the 'poor' category's requirement for substantial repairs and rehabilitation.

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).

  • Multi-Unit Investment Opportunity

    Features two separate homes on one lot, providing a rare and valuable multi-unit investment opportunity with potential for immediate and stable income.

  • Prime Location & Amenities

    Centrally located in Alameda, minutes from Park Street, South Shore Center, and Crown Memorial State Beach, offering consistent rental demand, walkable amenities, and a highly desirable coastal setting.

CONSRISKS & DEFICIENCIES

  • Age of Property

    Built in 1909, the property is over a century old, which may imply potential for outdated infrastructure (plumbing, electrical, HVAC) and higher maintenance costs, despite a recently painted exterior on one unit.

  • Limited Interior Condition Details

    The description highlights tenant-friendly features but lacks comprehensive details on the overall interior condition of both units or the status of major systems, suggesting potential for unforeseen capital expenditures.

  • Tenant-Occupied Viewing Restrictions

    With both units currently rented and viewings by appointment, access for potential buyers to thoroughly inspect the property may be limited and scheduling can be challenging.

About 976 Park Street

Rare investment opportunity featuring two separate homes on one lot, each with its own private outdoor space. Both units are currently rented, providing immediate and stable income. Each home offers strong tenant appeal with hardwood floors, in-unit laundry, and distinctive character. The front residence is a three-bedroom, one-and-a-half-bath home with a large basement and a recently painted exterior, offering long-term durability and potential added value. The rear residence is a two-story home with three spacious bedrooms and two bathrooms, including a bedroom on the main level—ideal for flexible living arrangements and broad rental demand. Located minutes from Park Street and South Shore Center, and close to Crown Memorial State Beach, this centrally located Alameda property benefits from consistent rental demand, walkable amenities, and a highly desirable coastal location. An excellent opportunity for investors seeking a multi-unit property with solid cash flow, long-term appreciation, and future upside in one of Alameda’s most sought-after neighborhoods. Now if your time to start or add to your Investment Portfolio or for future Multi Generational Living in Alameda. Viewings By Appointment.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1909
Lot Size
6,732 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Alameda Unified Schools

Frank Otis Elementary School

Grades K-5 • 0.6 mi

8/10

Edison Elementary School

Grades K-5 • 0.8 mi

8/10

Amelia Earhart Elementary School

Grades K-5 • 1.0 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-3.0
3%
Baths-2.0
3%
Square foot2,2381,960
65%
Lot Size6,7324,960
79%
Price$1.38M$1.38M
50%
Price per sq ft$614$725
27%
Built year19091915
34%
HOA$0$0
50%
Days on market32162
1%

Pricing History

Listed for Sale

Feb 3, 2026

$1,375,000

Initial Listing

Sold

Mar 10, 2000

$315,000

Public Record

Sold

Jun 29, 1999

$215,000

Public Record

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