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2029 Otis Dr, P, Alameda, CA 94501

$599K2bd · 2ba · 1,041 sqft
Lot 138,520 sqft•HOA $588/mo•Condominium•
Active
•40d on market•MLS# 00-41146964

Property Description

Live two blocks from the sand and surf with everything else close at hand. This top-floor, two-bedroom, two-bath condo sits in the heart of Alameda’s vibrant waterfront neighborhood just blocks from South Shore Center and the shops and restaurants of Park Street, with the beach nearby for beach sunset gazing, morning dips, and weekend sunbathing. For boaters and water lovers, the community offers something rare: a private dock with direct lagoon access just outside your door. Keep a kayak or paddle board ready to go, no commute required. Back on shore, the community pool offer a great places to unwind. Inside, large windows bring abundant natural light into the living spaces, while white louvered shutters provide privacy when needed. A private balcony off the spacious living room is an inviting spot for morning coffee or evening drinks in the bay breeze. The tastefully updated kitchen is equally suited to quick weeknight meals and weekend entertaining. The primary suite includes a private bath, while the second bedroom and bath provide flexibility for guests, a home office, or a roommate. A dedicated covered parking space means no circling for street parking, and a private storage space provides room for beach gear, and seasonal items without taking over your living space. For anyone splitting time between Alameda and San Francisco, Oakland, or beyond, the location makes commuting and travel easy. With convenient access to bus lines, the Alameda ferry, and Oakland International Airport, this is an great home base whether you commute into the city a few days a week or simply want to get where you’re going with minimal fuss. Beach mornings, afternoons on the lagoon, dinner at one of the many amazing restaurants at South Shore or on Park Street, evenings by the pool, and an easy ferry ride to the city when you need it. Welcome home to 2029 Otis Drive, Unit P.

Features & Amenities

FeeBuilt 1968

Property Details

Land Type
Fee
Year Built
1968
Property Type
Residential
Property Subtype
Condominium
Heating
Wall Furnace
View
Pool, Water
Flooring
Laminate
City
Alameda
Zip Code
94501
County
Alameda
Listed byUnknown Office, Ruth Woodruff

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,028.87
Principal & Interest
Loan Amount
$479,200
Total Interest
$611,193
Total Payment Over 30 Years
$1,090,393
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2029 Otis Dr, P, Alameda, CA 94501

Alameda · Condominium

$599K
Affordable Tier
Beds
2
Baths
2
Sqft
1,041
Lot
3.18 ac
Year
1968
$/Sqft
$575
Pool: Yes✓
View: water✓

Listed 23.5% above the median closed sale of $485,000. Closed comps sold at 110% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $599K· $575/sqft
Total list price
Closed comps
vs closed median $485K
+$114K (+23.5%)
Active comps
vs active median $565K
+$34K (+6.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $519
+$56 (+10.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2137 Otis DrAlameda1966221,10073,180$500$549,9002389
339 BroadwayAlameda19642299471,939$578$575,0001089
2137 Otis DrAlameda1966221,16273,180$469$545,0001587
2115 CentralAlameda1969221,12010,383$504$565,00010887
2133 Santa Clara AveAlameda1975221,06034,172$546$579,000486
Total: 5 · Average2.02.01,087.252,570.8$519.4$562,78032
Median1,100$565,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2101 Shoreline DrAlameda197408/11/2026221,015247,339$595,000$705,000$6951.192589
2137 Otis DriveAlameda196607/10/2026221,09073,180$478,000$485,000$4451.013588
960 Shorepoint CourtAlameda197206/12/202622940133,752$559,000$585,000$6221.056286
1321 Webster StAlameda197005/20/2026221,00735,258$439,000$460,000$4571.054786
1701 Central AveAlameda197005/20/2026221,17621,400$399,000$485,000$4121.221782
Total: 5 · Average2.02.01,045.6102,185.8$544,000$544,000$526.2—37.2
Median1,015$485,000$485,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.