Cozy--1619 Oak Street, Alameda, CA

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The most recent Case-Shiller data for May '09 was widely misreported as showing the first increase in home prices in ages (see Calculated Risk's writeup about why the reports are erroneously focusing on the non-seasonally-adjusted numbers), and I suppose that inspired some folks to price their tiny handkerchiefs like it's 2006. Today's mini-home at 1619 Oak Street has the following specs:

3 bedrooms, 1 bathroom, 883 sqft, 2,448-sqft lot, $435,000 ($493 / sqft)

Cozy 3 bedroom 1 bath home blocks from Alameda's downtown Park Street. This home features an updated kitchen, new roof (6/09) and new carpet & kitchen flooring (7/09). Enjoy its convenient location and take a stroll to shopping, restaurants, library and theater.

www.1619oak.com

For more information on this house or for information on similar homes in Alameda give me a call at 510.205.1781.

1619-oak-craigslist.jpg$493 / sqft for a minuscule 3-bedroom bungalow with nothing to recommend it on the outside (or on the inside; it looks like a cheap early 1990s condo redo inside, complete with rental-grade carpet and bottom-of-the-line kitchen)? Where do I sign?

Update 11/29/09: Down to $370,000.

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This page contains a single entry by L. Opine published on August 6, 2009 10:23 PM.

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