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Listed by: Jose Cerda-Zein (510) 523-5673 DRE #01403669 | Cerda-Zein Real Estate (510) 523-5673
$1,600,000
-- Bed
-- Bath
--sqft
1820 3Rd St, Alameda, CA 94501
$1,600,000
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Multi Family
Built in 1895
$-- HOA
8,813 sqft lot
--/sqft
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, stan...
Continue Reading- Houzeo last checked: 20 Minutes ago
- Listing updated: December 5, 2025 at 5:45 pm
- Source: California Regional MLS-CA | MLS#: 41117968
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1895
HOA Fees
-
Finished Area
- sqft
Lot Size
8,813 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41117968
MLS Status
Active
Days on Market
26
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