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2137 Otis Dr, 101, Alameda, CA 94501

$550K2bd · 2ba · 1,187 sqft
Lot 73,180 sqft•HOA $700/mo•Condominium•
Active
•48d on market•MLS# 01-41146063

Property Description

Welcome to 2137 Otis Drive #101, a spacious first-level end unit in one of those Alameda locations that makes everyday life easy. With 2 bedrooms, 2 full baths and approximately 1,187 square feet, there’s plenty of room to spread out without giving up the convenience of condo living. South Shore Center is right across the street, with Trader Joe’s, restaurants, coffee, shopping and groceries all close by. A few blocks away is Crown Memorial State Beach and the shoreline—great for a morning walk, bike ride, afternoon at the beach or an evening sunset. Park Street and Downtown Alameda are just minutes away when you’re looking for more restaurants, shops and local favorites. Inside, the home is light and comfortable with an updated kitchen, custom shutters and a generous amount of storage. One of our favorite features is the enclosed porch/bonus area off the living space. French doors open to this extra space overlooking Otis Drive, giving you options for a home office, reading area, hobby room or just a quiet place to relax. The assigned parking space is located in the underground garage and includes its own dedicated EV charger. There’s also additional storage conveniently located next to the parking space. The St. Francis community offers a lagoon-side swimming pool with built-in BBQ, clubhouse with full kitchen, fitness center, sauna and billiard room. Schools, parks, public transportation, ferry service and Oakland International Airport are all within easy reach. South Shore Center across the street, the beach just blocks away and Downtown Alameda minutes from your door. It’s a chance to enjoy the space, convenience and lifestyle of Alameda at a fraction of the cost of many single-family homes on the island.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Wall Furnace, Baseboard
Flooring
Vinyl, Laminate
City
Alameda
Zip Code
94501
County
Alameda
Listed bySerhant California, Inc, Paul Wong

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
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

2137 Otis Dr, 101, Alameda, CA 94501

Alameda · Condominium

$550K
Affordable Tier
Beds
2
Baths
2
Sqft
1,187
Lot
1.68 ac
Year
1964
$/Sqft
$463
Pool: Yes✓
Garage: 1-car✓

Listed 8.3% below the median closed sale of $600,000. Closed comps sold at 104% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $550K· $463/sqft
Total list price
Closed comps
vs closed median $600K
−$50K (−8.3%)
Active comps
vs active median $550K
+$100 (+0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $514
−$51 (−9.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2137 Otis DrAlameda1966221,16273,180$469$545,0001595
2137 Otis DrAlameda1966221,10073,180$500$549,9002394
339 BroadwayAlameda19642299471,939$578$575,0001092
2133 Santa Clara AveAlameda1975221,21234,172$494$599,0006088
1500 AlamedaAlameda1963221,00211,700$528$529,0008085
Total: 5 · Average2.02.01,09452,834.2$513.8$559,58037.6
Median1,100$549,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2137 Otis DriveAlameda196607/10/2026221,09073,180$478,000$485,000$4451.013592
1810 Central AvenueAlameda197607/23/2026221,17031,682$575,000$600,000$5131.043988
2133 Santa Clara AveAlameda197506/23/2026221,21234,172$549,000$530,000$4370.964588
450 Cola BallenaAlameda197107/17/2026221,353100,188$599,000$645,000$4771.087487
2137 Otis DrAlameda196607/30/2026321,38073,180$549,000$610,000$4421.113584
Total: 5 · Average2.22.01,24162,480.4$574,000$574,000$462.8—45.6
Median1,212$600,000$600,000

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.