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3208 Washington St, Alameda, CA 94501

$1.3M5bd · 3ba · 2,357 sqft
Lot 8,084 sqft•Single Family Residence•
Active
•188d on market•MLS# 01-41129880

Property Description

FANTASTIC INVESTMENT OPPORTUNITY! NOT MANY PROPERTIES LIKE THIS. Two houses on one lot. The front house has 2 bedrooms and 2 full baths and is tenant occupied. It is two stories with a bedroom and full bath on each floor. The rear house has 3 bedrooms and 1 full bath. The 3 bedrooms and the full bath are on the second floor. The rear house is also tenant occupied. There is a very large backyard with a shop space. Contact agent for rental amounts. BIG UPSIDE.....lots of room in the backyard to build another unit. Great location near Lincoln Middle School, Otis Elementary School, Krusi Park and Lincoln Park.

Features & Amenities

FeeBuilt 1905

Property Details

Land Type
Fee
Year Built
1905
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace
Cooling
None
Flooring
Carpet, Laminate
Roof
Shingle
City
Alameda
Zip Code
94501
County
Alameda
Listed byBHHS Drysdale Properties, Rich Krinks

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,573.51
Principal & Interest
Loan Amount
$1,040,000
Total Interest
$1,326,463
Total Payment Over 30 Years
$2,366,463
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

Residential Tier · 3 active · 5 closed

3208 Washington St, Alameda, CA 94501

Alameda · Single Family Residence

$1.3M
Residential Tier
Beds
5
Baths
3
Sqft
2,357
Lot
8,084 sqft
Year
1905
$/Sqft
$552
Pool: No✓

Listed 17.5% below the median closed sale of $1,575,000. Price per sqft ($552) is a 22% discount to closed comps ($710). Closed comps sold at 114% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.30M· $552/sqft
Total list price
Closed comps
vs closed median $1.57M
−$275K (−17.5%)
Active comps
vs active median $1.30M
+$2K (+0.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $517
+$35 (+6.7%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2520 Clement AveAlameda1890422,2534,950$333$750,0002376
169 Diapian BayAlameda1990432,3643,500$673$1.59M1473
2060 Hibbard StAlameda2011442,3782,277$546$1.30M1567
Total: 3 · Average4.03.02,331.6673,575.667$517.333$1.21M17.333333333333332
Median2,364$1.30M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1409 San Antonio AveAlameda190008/17/2026422,4437,250$1.65M$1.65M$6751.002484
976 Park StAlameda190906/18/2026542,2386,732$1.27M$1.31M$5881.0313484
3103 Central AveAlameda191507/10/2026442,3024,200$1.40M$1.57M$6841.137381
156 Mecartney RdAlameda195206/29/2026432,3796,996$1.20M$1.45M$6091.213379
3107 Central AveAlameda191508/21/2026441,9886,960$1.50M$1.98M$9941.322977
Total: 5 · Average4.23.42,2706,427.6$1.59M$1.59M$710—58.6
Median2,302$1.57M$1.57M

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.