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2137 Otis Dr 111 — Alameda — 1 Bed • 1 Bath • 920 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+40 more

$424,000

27 DOM

$461/sqft1 bd1 ba920 sqftHOA ~630/mo

Call

2137 Otis Dr 111 Alameda, CA 94501

1.68acre lot

South Shore Center across the street • Near Alameda Beach shoreline • Ground-floor unit with patio. Updated 1-bedroom, 1-bath condo offering approx. 920 sq ft in the St. Francis community. Recent improvements include luxury vinyl plank flooring, fresh interior paint, and a remodeled bathroom with cultured marble enclosure and Bluetooth fan/light. Seller reports approximately $50K in upgrades (2025). Functional layout with open living and dining area and private patio for outdoor space. Assigned parking included. Community amenities include pool, fitness center, clubhouse, and elevator access. Located near South Shore Center shopping and dining, Alameda Beach shoreline, and Park Street business district, with access to nearby ferry service and major commute routes. Includes 3D walkthrough, video tour, and floor plan.

MLS 41124979

925-257-0305 (Office) 415-205-6312 (Cell) daniel.ripper@compass.com

Est. payment

$3,340/mo

Principal & interestTaxesInsuranceHOA

$2,144$442$124$630

Down %

Rate %

Years

Down payment: $84,800 · Total cost: $856,631

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$3,340/mo

Principal & interest: $2,144
Est. property tax: $442
Est. insurance: $124
HOA (normalized / mo): $630
Down payment: $84,800

Est. gross rent$1,767/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,573/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

Explore 3D Space

Opens interactive virtual tour

Price History

Event	Date	Price	Change
Listed	Feb 24, 2026	$429,000	—

Facts & Features

Transaction Data

▼Price Reduced from $429,000 (−$5,000)

HOA Fee$630/monthly

Structure & Property

Year Built1966

Garage Spaces1

925-257-0305 (Office) 415-205-6312 (Cell) daniel.ripper@compass.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

2137 Otis Dr 111, Alameda, CA 94501

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Call

2137 Otis Dr 111 Alameda, CA 94501

About this home

Daniel Ripper

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Daniel Ripper

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

2137 Otis Dr 111, Alameda, CA 94501

About This Property

Property Photos

2137 Otis Dr 111 Alameda, CA 94501

About this home

Daniel Ripper

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Daniel Ripper

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.