Date
Details
Price
Change
Source
11/21/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/60
$1,600,000
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Property Description
7.48% Cap Rate in Alameda's West End - 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: $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, 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!
Full Property Details
Full Property Details for 1820 3rd St
General
- Price: $1,600,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41117968
- Updated: 11/21/2025
- Added to Site: 56 day(s) ago
Interior
- Interior Features: Other
- Appliances: Refrigerator, Dryer, Washer
- Flooring: Vinyl, Carpet, Other
Rooms
Other Rooms
- Laundry: In Basement
Parking
- Parking Features: Off Site
Location
- Area: Listing
- County: Alameda
- Subdivision: West End
- Driving Directions: Ralph Appezzato PKWY to 3rd St
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
Structural Information
- Exterior Const.: Wood Siding
- Year Built: 1895
Lot Features
- Property View: Downtown, Hills
- Lot Size (Acres): 0.2
- Lot Dimensions: 8813
- Lot Features: 2 Houses / 1 Lot, Corner Lot, Premium Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $518
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 7445812
Listed by Cerda-Zein Real Estate, Jose Cerda-Zein
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Listing agent
— 1820 3rd St —
Jose Cerda-Zein
Cerda-Zein Real Estate
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1820 3rd St
School District:Alameda City Unified School District
| Name | Grades | Distance |
|---|---|---|
Ruby Bridges Elementary School 351 Jack London Avenue, Alameda, CA 94501 | K-5 | 0.3 mi |
Encinal Junior/Senior High 210 Central Avenue, Alameda, CA 94501 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1820 3rd St
Tax History
Tax History for 1820 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,501
2%
$942,928
2%
2024
$16,229
4%
$924,440
2%
2023
$15,656
2%
$906,316
2%
2022
$15,313
2%
$888,547
2%
2021
$14,951
1%
$871,127
1%
2020
$14,791
8%
$864,887
2%
2019
$13,653
75%
$845,295
135%
2018
$7,805
4%
$360,044
2%
2017
$7,506
1%
$352,986
2%
2016
$7,464
1%
$346,065
2%
2015
$7,411
-1%
$340,868
2%
2014
$7,462
1%
$334,193
—
2013
$7,356
—
$332,683
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1820 3rd St
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- Closed
- 4Beds
- 3Total Baths
Listed by Preferred Properties of CA, Griselda Bissett and Preferred Properties of CA, Bill Bissett
Sold by KW Advisors East Bay, Anita Perez
Sold by KW Advisors East Bay, Anita Perez
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Listed by Preferred Properties of CA, Griselda Bissett and Preferred Properties of CA, Bill Bissett
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Sold by Preferred Properties of CA, Bill Bissett
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Sold by Compass, Su Mei Wu
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Sold by KW Advisors, Jennie Lok
Sold by KW Advisors, Jennie Lok
1820 3rd St, Alameda, CA 94501 (MLS# 41117968) is a Commercial Residential Facility property. 1820 3rd St is currently listed for $1,600,000 and was received on November 21, 2025. Want to learn more about 1820 3rd St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Alameda? You can browse all Alameda real estate or contact a Coldwell Banker agent to request more information.