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3,091 sqft

$1,497,000

1820 3rd St, Alameda CA, 94501

Price per sqft$484.31
Built in1895
Property size3,091 sqft
Property typeCommercial

Overview

Active

Listed Nov 21, 2025

Updated 2 weeks ago

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: $158,094.00. 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

Additional information

MLS® ID
41117968

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

View
Yes
MLS provider logo

Listed by Jose Cerda-Zein, with Cerda-Zein Real Estate
Listing Contact: 510-523-5673 

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