1820 3rd St, Alameda, CA 94501

$1,497,000

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Listed by Jose Cerda-Zein, (510) 523-5673 from Cerda-Zein Real Estate
(If provided) CoList: from

List Price
$1,497,000
Price Change
▼ $103,000 1773361045
MLS#
BE41117968
Status
ACTIVE
Lot Size
8,813
Listing Area
Alameda Map Area 4
Year Built
1895

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

Acres
0.20
Amenities
None
Cooling System
None
Exterior Features
Siding - Wood
Floor Covering
Other, Vinyl, Carpet - Wall to Wall
Garage Parking
Off-Site Parking
Heating System
Wall Furnace
Laundry Facilities
In Basement, Washer, Dryer
Lot Description
Other
Lot Size
8,813
Neighborhood
Alameda Map Area 4
Numberof Units
5
Other Rooms
Basement - Unfinished
Roof
30
Unincorporated Yn
Yes
View
Hills, Downtown

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