1820 3rd St, Alameda, CA 94501

$1,497,000
3,091
SqFt

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List Price
$1,497,000
Status
ACTIVE
MLS#
41117968
Price Change
▼ $103,000 1773361267
Year Built
1895
Property Type
5 Or More Units
Living Area
3,091
Lot Size
8,813
Acres
0.20
County
Alameda
Subdivision
West End

Property Description

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: $152,628.00. 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

Appliances
Refrigerator, Dryer, Washer
Exterior
Wood Siding
Flooring
Vinyl, Carpet, Other
Laundry Features
In Basement
Lot Description
2 Houses / 1 Lot, Corner Lot, Premium Lot
Parking Features
Off Site
Roof
Unknown
View
Downtown, Hills
Water Sewer
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jose Cerda-Zein from Cerda-Zein Real Estate. 510-523-5673

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