1820 3rd St, Alameda, CA 94501 | MLS #41117968 | PMZ Real Estate
Pam Harmon

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  • 220 days on site
  • 1 views

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

Source: bridgeMLS, MLS#: 41117968

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  • Property Type
    Commercial Sale
  • Lot
    0.20 acres

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Pam Harmon

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  • Median Age
    40
  • Population Density
    5,653
  • College Educated
    61%
  • Estimated Median Income
    $96,014
  • Estimated Total Home Owners
    10,423
  • Estimated Total Renters
    15,054
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    2
  • Total Population
    64,487
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1820 3rd St

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/7/2026Source: bridgeMLS Status Change
Active
3/31/2026Source: CRMLS Status Change
Active
3/31/2026Source: bridgeMLS Status Change
Back on Market
3/16/2026Source: CRMLS Status Change
Pending
3/16/2026Source: bridgeMLS Status Change
Pending
3/12/2026Source: CRMLS Price Reduction
$1,497,000 -6.4%
3/12/2026Source: bridgeMLS Price Reduction
$1,497,000 -6.4%
3/12/2026Source: bridgeMLS Status Change
Price Change
11/28/2025Source: bridgeMLS Status Change
Active
11/21/2025Source: CRMLS Added to Database
November 21, 2025
11/21/2025Source: bridgeMLS Added to Database
November 21, 2025
Listing provided courtesy of Cerda-Zein Real Estate- MLS# 41117968MLS Provider