2137 Otis Dr 111, Alameda, California 94501, Alameda, - bed, bath
ACTIVE$459,000
2137 Otis Dr 111, Alameda, California 94501
1Bed
1Bath
863Sqft
73,180Lot
Year Built
1966
Close
-
List price
$459K
Original List price
$480K
Price/Sqft
-
HOA
$630
Days on market
-
Sold On
-
MLS number
41110925
Home ConditionExcellent
Features
Deck
View-
About this home
Experience the best of island living in this beautifully updated 1-bedroom, 1-bath condo just blocks from the beach, South Shore Shopping, and Park Street dining. Inside, nearly every detail has been refreshed: new LVP flooring, fresh paint, and new carpet in the enclosed deck; a fully remodeled bathroom with a cultured marble tub enclosure, custom mirror, sliding glass shower door, and Bluetooth fan/light; plus new Whirlpool stainless appliances, updated electrical throughout, new double-pane windows, and new doors with hardware. Move right in and enjoy a turnkey home that blends comfort, convenience, and modern style, perfect as a personal retreat or smart investment in one of Alameda’s most desirable locations.
Nearby schools
9/10
Donald D. Lum Elementary School
Public,•4-5•0.5mi
5/10
Will C. Wood Middle School
Public,•6-8•0.5mi
9/10
Alameda High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
11/01/25
Price Change
$459,000-2.1%
10/11/25
Price Change
$469,000-2.3%
09/09/25
Listing
$479,999
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (40 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 22% |
| Baths | 1 | 2 | 34% |
| Square foot | 863 | 1,066 | 34% |
| Lot Size | 73,180 | 73,424 | 49% |
| Price | $459K | $645K | 20% |
| Price per square foot | $532 | $601 | 27% |
| Built year | 1966 | 1972 | 24% |
| HOA | $630 | $479 | 76% |
| Days on market | 56 | 145 | 10% |
Condition Rating
Excellent
Despite being built in 1966, this property has undergone an extensive and recent renovation, making it virtually new. The description explicitly states 'nearly every detail has been refreshed,' including new LVP flooring, fresh paint, new carpet, updated electrical, new double-pane windows, and new doors. The kitchen features new Whirlpool stainless steel appliances, modern countertops, and backsplash. The bathroom is fully remodeled with a cultured marble tub enclosure, custom mirror, sliding glass shower door, and a Bluetooth fan/light, all appearing contemporary and in pristine condition in the images. The overall aesthetic is modern and move-in ready, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Prime Coastal Location: Situated just blocks from the beach, South Shore Shopping, and Park Street dining, offering unparalleled convenience and lifestyle appeal.
Comprehensive Modern Renovation: The condo boasts extensive updates including new LVP flooring, fresh paint, remodeled bathroom, new stainless appliances, updated electrical, and double-pane windows, ensuring a contemporary living experience.
Turnkey & Move-in Ready: Described as a 'turnkey home,' it offers immediate occupancy without the need for further renovations, appealing to buyers seeking hassle-free ownership.
Strong Investment Opportunity: Positioned as a 'smart investment' in a highly desirable Alameda location, suitable for both personal retreat and rental income potential.
Excellent School District Access: Benefits from proximity to top-rated public schools like Alameda High (9/10) and Donald D. Lum Elementary (9/10), enhancing its appeal to families.
Cons
Substantial Monthly Association Fee: The $630 monthly association fee is relatively high and could impact affordability and long-term ownership costs.
Multiple Price Reductions: The property has undergone two price reductions from its original listing, which may suggest initial overpricing or a slower market demand.
Limited Unit Size (1-Bedroom): As a 1-bedroom unit, its market appeal is inherently limited to a smaller demographic, primarily singles, couples, or specific investor profiles.