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2776 Sea View Pkwy
Score
0
Alameda, CA

2776 Sea View Pkwy

1.6M
2 bd • 2 ba • 1,695 sf

This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,602,000

Price/Sq.Ft

$945

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Above-Average Safety Score: The property is located in an area with a safety score of 71/100, indicating a relatively safe environment compared to other regions. • Lower Violent Crime Rates: Violent crime rates are significantly lower than both state (-17.6%) and national (-24.4%) averages, providing a sense of security for residents. • Strong Rental Market: The area has robust rental rates for 2-bedroom units ($3,020/month), potentially offering positive cash flow for investors. • High Median Income: The median income in Alameda ($190,174) suggests an affluent area, which may contribute to higher property values and desirable amenities.

The Bad

• High Price per Square Foot: At $945.13 per square foot, the property is priced at a premium compared to other homes in the area. This may limit the pool of potential buyers and make it challenging to justify the high cost. • Elevated Property Crime Rates: Property crime rates are significantly higher than both state and national averages, potentially affecting property values and insurance costs. The motor vehicle theft rate is particularly concerning, exceeding state averages by 153.2% and national averages by 304.4%. • Limited Property Information: The absence of property features, descriptions, and room details makes it difficult to assess the property's suitability. Buyers may need to invest significant time and effort in gathering additional information. • Unknown Year Built: The lack of information regarding the property's age makes it challenging to evaluate its condition and potential maintenance needs. Older homes may have hidden issues that require costly repairs.

The Ugly

• Increasing Property Crime: Property crime rates increased from 3231 incidents in 2022 to 4275 incidents in 2023, indicating a worsening trend. This may raise concerns about safety and security. • Elevated Motor Vehicle Theft: The motor vehicle theft rate is significantly higher than both state and national averages, indicating a higher risk of vehicle-related crimes. This could lead to increased insurance premiums and the need for additional security measures. • Potential for Hidden Maintenance Costs: The unknown year built raises concerns about potential hidden maintenance costs associated with older homes. Buyers may need to invest in costly repairs or renovations. • High Total Crime Rate: Although the area has a safety score of 71/100, the total crime rate is 4506.0 per 100,000 residents, suggesting a moderate level of overall criminal activity.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Prioritizing Safety: The property is located in an area with a safety score of 71/100, indicating above-average safety compared to other regions. The violent crime rate is significantly lower than both state and national averages. • Individuals Seeking Rental Income: The property is in an area with strong rental rates for 2-bedroom units ($3,020/month), potentially offering positive cash flow for landlords. • Buyers Comfortable with Higher Property Crime: While violent crime is low, property crime is high. This property may be a fit for buyers willing to invest in security measures to mitigate the risks associated with higher property crime rates. • Purchasers Valuing a High-Income Area: The property is located in an area with a median income of $190,174, which may appeal to buyers who prefer affluent neighborhoods and associated amenities.

Not For

• Buyers Sensitive to High Property Crime: The property crime rate is notably higher than state and national averages, which may be a deterrent for those prioritizing low-crime environments. • Individuals Requiring Detailed Property Information: The lack of property features and description may discourage buyers who prefer comprehensive information upfront. • Buyers Seeking Newly Constructed Homes: With the year built unknown, the property may not appeal to those interested in modern construction and updated amenities. • Buyers on a Strict Budget: At $945.13 per square foot and a total price of $1,602,000, this property may be unaffordable for buyers with limited financial resources.
Demographics
Area Median Income

$190,174

Property History

Price History
Ownership Timeline
$1,602,000Financed
Mar 15, 2022
Kristin Z Wonzen, Erick S WonzenJohn Michael Brannigan, Joanne Margaret Brannigan
Grant Deed
Standard Sale (Purchase/Resales)
$615,000Financed
Aug 4, 2009
Thomas Y ExleyKristin Z Wonzen, Erick S Wonzen
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Nov 21, 2007
Julie ExleyThomas Y Exley
Intrafamily Transfer
Non-Arm's Length Transactions
$690,000Financed
Nov 20, 2007
Lilla RadosThomas Y Exley
Grant Deed
Standard Sale (Purchase/Resales)
$720,000Financed
Mar 23, 2005
Rolf HuntLilla Rados
Grant Deed
Standard Sale (Purchase/Resales)
$95,000Financed
Jun 25, 2003
Maria Duarte, The Maria Duarte Revocable Living TrustRolf Hunt
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Mar 9, 1999
Rolf HuntRolf Hunt, The Rolf Hunt Revocable Living Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Mar 8, 1999
Duarte MariaMaria Duarte, The Maria Duarte Revocable Living Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Feb 18, 1997
Rolf HuntRolf Hunt, Maria Duarte
Gift Deed
Non-Arm's Length Transactions
$224,000Financed
Jan 2, 1997
United States Of AmericaRolf Hunt
Grant Deed
Standard Sale (Purchase/Resales)

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

3.8/10
Below Average

Middle

3.3/10
Below Average

High

4.2/10
Average

Financials

Monthly Costs
Market Rent (2 bed)

$3,020

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,602,000
Price/sqft
$945
Layout
2 bd2 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,516,667

5.6%

Your price is 5.6% above average

Median Price

$1,550,000

3.4%

Based on 6 recent sales

Price per Sq.Ft

$933

1.3%

Your price is 1.3% above average $/sqft

Comparable Properties

1421 Grove Street, Alameda, CA 94501
Price: $1,600,000
Sq.Ft: 1,571
Beds/Baths: 3/2
$/Sq.Ft:
$1,0187.8%
Sale Date: 1/19/2025
1421 Grove St, Alameda, CA 94501
Price: $1,600,000
Sq.Ft: 1,571
Beds/Baths: 3/2
$/Sq.Ft:
$1,0187.8%
Sale Date: 1/16/2025
325 Harbor Light Rd, Alameda, CA 94501
Price: $1,350,000
Sq.Ft: 1,509
Beds/Baths: 3/2
$/Sq.Ft:
$8955.3%
Sale Date: 1/24/2025
44 Sea Bridge, Alameda, CA 94502
Price: $1,550,000
Sq.Ft: 1,756
Beds/Baths: 3/2
$/Sq.Ft:
$8836.6%
Sale Date: 10/28/2024
3255 San Jose Ave, Alameda, CA 94501
Price: $1,450,000
Sq.Ft: 1,656
Beds/Baths: 3/2
$/Sq.Ft:
$8767.4%
Sale Date: 10/4/2024
2820 Waterton St, Alameda, CA 94501
Price: $1,550,000
Sq.Ft: 1,707
Beds/Baths: 3/2
$/Sq.Ft:
$9083.9%
Sale Date: 9/24/2024

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