Active

1820 3rd St

Alameda, CA 94501

$1,497,000 $6,311/Mo

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Overview

Bed

Bath

8,813

Sqft(Lot)

Description

A Rare Investment Opportunity! Unlock the potential of 1816-18-20 3rd Street & 306-08 Spruce?a rare five-unit property spanning two buildings on one lot in Alameda's highly desirable West End. Projected gross income: $152,628.00. This property offers a compelling investment opportunity with strong returns. Well-located, this investment features five 2-bedroom, 1-bathroom units, offering steady rental demand and attractive returns. Location, Convenience, Lifestyle, the cornerstones of this exceptional investment. Just minutes away from Crown Memorial State Beach, renowned for windsurfing, stand-up paddling, and relaxing beach days. Explore nearby Webster Street's vibrant restaurants and lounges, Alameda Point's Spirit Alley with wineries and breweries, and the popular South Shore Center for shopping and more?all within close proximity. Prime Accessibility: The property is well-connected with public transportation options, including the SF Bay Ferry, multiple bus lines, and easy access to 880 freeways, making it ideal for commuters and tenants who want convenience. Don't miss out on this rare opportunity. Act now to secure a valuable piece of Alameda real estate! Prime West End - Five-unit property - Steady rental demand - High investment returns-- Excellent commuter accessibility Views: Downtown

Property Details

Property Type : Residential Income

Price : $1,497,000

AD Id : 69203218

MLS Id : 41117968

Lot Size : 8,813 Sqft

Year Built : 1895

County : Alameda

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0
Interior Features

Property Appliances: Dryer,Washer
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1895 Construction: Wood Siding

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2023
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8813

Listing Price Information

Original List Price: 1,497,000 Listing Contract Date: 2025-11-21

Tax Information

Parcel Number: 7445812

Rental Info

Lease Term: Negotiable Tenant Pays: Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: Directions: Ralph Appezzato PKWY to 3rd St Cross Street: Spruce. Source Property Type: Residential Income
Building and Construction

Property Age: 131 Year Built Source: Vendor Enhanced

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Clay Street, Alameda, CA, 94501	$1,300,000	2	1	1,290	1,290 SqFt
Sentinel Drive, Alameda, CA, 94501	$859,500	2	1	1,066	1,066 SqFt
Sentinel Drive, Alameda, CA, 94501	$869,000	2	2	1,066	1,066 SqFt
Everett St, Alameda, CA, 94501	$899,000	2	2	2,255	2,255 SqFt
2358 Stanford Street, Alameda, CA, 94501	$1,299,990	3	3	2,189	2,189 SqFt
2053 Clement Avenue, Alameda, CA, 94501	$1,059,999	2	2	1,628	1,628 SqFt
2417 Marti Rae Ct, Alameda, CA, 94501	$725,000	1	1	798	798 SqFt
1726 Eagle Ave, Alameda, CA, 94501	$1,148,888	3	2	1,639	1,639 SqFt
1813 Minturn St, Alameda, CA, 94501	$799,000	2	1	1,007	1,007 SqFt
1821 Grand St, Alameda, CA, 94501	$950,000	3	1	1,350	1,350 SqFt

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ByOwner last updated this listing 04/06/2026 @ 21:55

MLS: 41117968 LISTED BY: Jose Cerda-Zein, Cerda-Zein Real Estate 510-523-5673 SOURCE: CRMLS