7.48% Cap Rate in Alamedas West End A Rare Investment Opportunity! Unlock the potential of 1816-18-20 3rd Street & 306-08 Sprucea 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, Lifestylethe 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 moreall 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!
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
50/100
Walk Score ®
35/100
Transit Score ®
57/100
Bike Score ®
8 nearby routes: 4 bus, 0 rail, 4 other
The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 44/100, Bike Score: 74/100.
0 bds • 0 ba • 3,091 sqft
1820 3rd St, Alameda, CA 94501
4 bds • 3 ba • 2,806 sqft
5 Cornelius Sq, Alameda, CA 94501
4 bds • 3 ba • 2,806 sqft
5 Cornelius Sq, Alameda, CA 94501
4 bds • 3 ba • 2,806 sqft
5 Cornelius Sq, Alameda, CA 94501
6 bds • 0 ba • 3,115 sqft
1220 Chestnut St, Alameda, CA 94501
0 bds • 0 ba • 3,115 sqft
1220 Chestnut St, Alameda, CA 94501
0 bds • 0 ba • 3,204 sqft
2119 Alameda Ave, Alameda, CA 94501
0 bds • 0 ba • 3,204 sqft
2119 Alameda Ave, Alameda, CA 94501
4 bds • 3 ba • 2,744 sqft
2364 Stanford Street, Alameda, CA 94501
4 bds • 4 ba • 2,744 sqft
2364 Stanford Street, Alameda, CA 94501
4 bds • 3 ba • 2,744 sqft
2364 Stanford Street, Alameda, CA 94501
0 bds • 0 ba • 3,316 sqft
1251 Park Street, Alameda, CA 94501
0 bds • 0 ba • 3,316 sqft
1251 Park Street, Alameda, CA 94501
0 bds • 0 ba • 3,316 sqft
1251 Park Street, ALAMEDA, CA 94501
0 bds • 0 ba • 3,408 sqft
2852 E 7Th St, Oakland, CA 94601
6 bds • 4 ba • 2,750 sqft
1238 Versailles Ave, Alameda, CA 94501
6 bds • 4 ba • 2,750 sqft
1238 Versailles Ave, Alameda, CA 94501
6 bds • 5 ba • 2,750 sqft
1238 Versailles Ave, Alameda, CA 94501
4 bds • 3 ba • 2,722 sqft
882 Alma Pl, Oakland, CA 94610
bds • 0 ba • 3091 sqft
1820 3rd St
bds • 0 ba • sqft
1820 3rd St
4 bds • 3 ba • 2806 sqft
5 Cornelius Sq
4 bds • 3 ba • 2806 sqft
5 Cornelius Sq
4 bds • 3 ba • 2806 sqft
5 Cornelius Sq
bds • 0 ba • 4522 sqft
537 Pacific Ave
bds • 0 ba • sqft
537 Pacific Ave
bds • 0 ba • 4522 sqft
537 Pacific Ave
6 bds • 4 ba • 3887 sqft
629 Santa Clara Ave.
6 bds • 5 ba • 3887 sqft
629 Santa Clara Ave.
bds • 0 ba • 3887 sqft
629 Santa Clara Ave.
6 bds • 4 ba • 3887 sqft
629 Santa Clara Ave.
bds • 0 ba • sqft
629 Santa Clara Ave.
bds • 0 ba • 3887 sqft
629 Santa Clara Ave.
bds • 0 ba • sqft
1301 9Th St
bds • 0 ba • 3570 sqft
1301 9Th St
7 bds • 0 ba • 3570 sqft
1301 9Th St
4 bds • 3 ba • 2063 sqft
1722 Bay Street
4 bds • 3 ba • 2063 sqft
1722 Bay Street
Source: Realty.com
1820 3rd St, Alameda, CA 94501 is a Multi Family, Residential Income property listed for $1,600,000 The property is 3091 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 60 photos of 1820 3rd St.
Our records indicate that 1820 3rd St was built in 1895.
The full address for this home is 1820 3rd St, Alameda, CA 94501.
1820 3rd St has been listed on Realty.com since Fri November 21, 2025
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 44/100, Bike Score: 74/100.
There are 3 schools assigned to this home. Check out the schools near 1820 3rd St. William G. Paden Elementary School (Grades: PK - 5), Alameda Community Learning Center (Grades: 6 - 12), Island High School (Grades: 10 - 12)
Listing provided courtesy of:
Cerda-zein Real Estate
(tel: 510-523-5673)
Listing agent:
Jose Cerda-zein
(tel: 510-523-5673)
(#149520384)
This content last refreshed on 2025-11-26 15:09:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1820 3rd St, Alameda, CA 94501 : MLS# 41117968
