CA > Alameda > West End
Alameda, CA 94501,1820 3rd St
Alameda, CA 94501,1820 3rd St,Video Tour
Alameda, CA 94501,1820 3rd St
Alameda, CA 94501,1820 3rd St
Alameda, CA 94501,1820 3rd St
Alameda, CA 94501,1820 3rd St
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Kenneth Jamaca

Kenneth Jamaca

+1(925) 413-1849
$ 1,600,000
Est. payment | /mo

3,091 SqFt

Save Virtual Tour
$ 1,600,000
Est. payment | /mo
Save Virtual Tour

3,091 SqFt

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,091 sqft

Price per Sqft $517

Subdivision West End

MLS Listing ID 41084533

HOA Y/N No

Year Built 1895

Lot Size 8,813 Sqft

Acres 0.2

Property Sub-Type 5 or More Units

Property 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!

Location

State CA

County Alameda

Rooms

Basement Separate Entry, Unfinished

Interior

Interior Features Other

Heating Wall Furnace

Cooling None

Flooring Vinyl, Carpet, Other

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry In Basement

Exterior

View Y/N true

View Downtown, Hills

Building

Lot Description 2 Houses / 1 Lot, Corner Lot, Premium Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7445812

Virtual Tour https://my.matterport.com/show/?m=3PXpw8SHenw

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jose Cerda-Zein • Cerda-Zein Real Estate

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agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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1820 3rd St