1820 3rd St

Alameda, CA 94501

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 8813
    Sqft(Lot)
$1,600,000

Description

7.48% cap rate in alameda’s west end – 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: $161,431.68. with a cap rate of 7.48% and a grm of 9.91, this property offers a compelling investment opportunity with strong returns. this well-located 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! views: downtown

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    48503224

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Property Details

  • 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: 1,600,000
    • Listing Contract Date: 2025-02-03

    Lease Information

  • Tax Information

    • Parcel Number: 7445812

  • Garage and Parking

    Homeowners Association

    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: 130
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 02/22/2025 @ 22:40

  • MLS: 41084533
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 8,813 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Alameda , in zip code 94501, this Alameda County Home are nearby neighborhoods.