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1820 3rd St , Alameda, CA 94501
Priced at Only: $1,600,000
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Address: 1820 3rd St , Alameda, CA 94501
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  • MLS#: 41117968 ( )
  • Street Address: 1820 3rd St
  • Viewed: 5
  • Price: $1,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1895
  • Bldg sqft: 0
  • Days On Market: 93
  • Additional Information
  • County: ALAMEDA
  • City: Alameda
  • Zipcode: 94501
  • Subdivision: West End
  • Provided by: Cerda-Zein Real Estate
  • Contact: Jose Jose
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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! Views: Downtown
Features
Association Fee
  1. 0.00
Construction Materials
  1. Wood Siding
Cooling
  1. None
Days On Market
  1. 86
Heating
  1. Wall Furnace
Laundry Features
  1. Dryer Included
  2. Washer Included
Lot Features
  1. Corner Lot
Parcel Number
  1. 7445812
Sourcesystemkey
  1. 41117968:BMLS
Subdivision Name Other
  1. WEST END
Tenant Pays
  1. Gas
View
  1. Hills
Year Built
  1. 1895
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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