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2029 Otis Dr, D, Alameda, CA 94501

$297K0bd · 1ba · 425 sqft
Lot 138,520 sqft•HOA $588/mo•Condominium•
Active
•87d on market•MLS# 01-41142081

Property Description

2029 Otis Dr Unit D offers comfortable, low-maintenance living in one of Alameda's most desirable South Shore neighborhoods. Thoughtfully designed to maximize every square foot, this ground-floor studio features a large sliding glass door that fills the home with natural light and creates a seamless indoor-outdoor living experience. The generously sized, fenced patio extends the living space outdoors, offering plenty of room for dining, lounging, gardening, or simply enjoying Alameda's mild year-round climate. The community pool and nearby lagoon are just a short walk away, adding to the easy, low-maintenance lifestyle that makes South Shore such a desirable place to call home. Located just moments from South Shore Center, you'll have easy access to grocery stores, restaurants, cafés, shopping, and everyday essentials. Alameda Beach is just minutes away, along with miles of walking, running, and biking trails. Park Street and Webster Street are both a short drive or bike ride away, offering local boutiques, dining, entertainment, and local favorites. Commuters will appreciate the convenient access to the SF Ferry, BART, AC Transit, and Oakland International Airport. Whether you're a first-time buyer, looking for a Bay Area pied-à-terre, downsizing, or searching for an investment opportunity, 2029 Otis Dr #D offers an exceptional combination of comfort, convenience, and location in the heart of Alameda.

Features & Amenities

FeeBuilt 1968

Property Details

Land Type
Fee
Year Built
1968
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Wall Furnace
Flooring
Vinyl
City
Alameda
Zip Code
94501
County
Alameda
Listed byCerda-Zein Real Estate, Jose Cerda-Zein

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,501.79
Principal & Interest
Loan Amount
$237,600
Total Interest
$303,046
Total Payment Over 30 Years
$540,646
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 · 4 closed

2029 Otis Dr, D, Alameda, CA 94501

Alameda · Condominium

$297K
Affordable Tier
Beds
0
Baths
1
Sqft
425
Lot
3.18 ac
Year
1968
$/Sqft
$699
Pool: Yes✓

Listed 14.5% below the median closed sale of $347,500. Price per sqft ($699) is a 35% premium to closed comps ($517). Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $297K· $699/sqft
Total list price
Closed comps
vs closed median $350K
−$53K (−15.1%)
Active comps
vs active median $375K
−$78K (−20.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $551
+$148 (+26.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1808 Main streetAlameda1940115870$765$449,0007572
955 shorepointAlameda197111773101,494$485$375,000167
1333 Webster StAlameda19701170151,065$495$347,00046066
955 Shorepoint CtAlameda197111773101,260$433$335,00011566
339 BroadwayAlameda19642299471,939$578$575,000952
Total: 5 · Average1.21.2765.681,439.5$551.2$416,200132
Median773$375,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1327 Webster StAlameda197009/14/20260151036,939$269,000$260,000$5100.9710885
1327 Webster StAlameda197007/29/20261170136,939$357,000$345,000$4920.973872
1333 WEBSTER STREETAlameda197008/24/20261171951,065$399,000$350,000$4870.883771
1321 WebsterAlameda197009/28/20261170135,416$415,000$405,000$5780.984670
Total: 4 · Average0.81.0657.7540,089.75$340,000$340,000$516.75—57.25
Median701$350,000$350,000

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.