$10,000 Closing Credit¹
#41083395, Griselda Bissett, Listing Office: Preferred Properties of CA
#41084533·
Listing Office: Cerda-Zein Real Estate·
Listing Agent: Jose Cerda-Zein·
Listing Office Phone: 510-523-5673
$1,600,000 List price
1820 3rd St Alameda, CA 94501
$10,000
Closing credit¹
0.2 acres
House
Property details
About 1820 3rd St
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! Views: Downtown
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Lot size0.2023 Acres
Year built1895
MLS #41084533
ViewHills
Virtual tour
Summary
- MLS Number: 41084533
- MLS Name: CRMLS
- Office Name: Cerda-Zein Real Estate
- Office Phone: (510) 523-5673
- Office Email: jose@cerdazein.com
- Listing Agent: Jose Cerda-Zein
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
1820 3rd St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $924,440 | $15,655 |
| 2023 | $906,316 | $15,655 |
| 2022 | $888,547 | $15,312 |
| 2021 | $871,127 | $14,951 |
| 2020 | $862,201 | $14,791 |
History based on county public records data.
Nearby schools
4
Ruby Bridges Elementary School
Public District KG-5
0.3 mi
•351 Jack London Ave
5
Paden Elementary School
Public District KG-5
0.5 mi
•444 Central Ave
7
Franklin Elementary School
Public District KG-5
1.6 mi
•1433 San Antonio Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,513. The majority of Alameda, CA residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
43%
<35k
42%
35k-100k
13%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
12%
Single, with Kids
18%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Music Concerts
Where do the neighbors shop?
Banana Republic
Bloomingdales
H&M
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Chipotle
What do the neighbors drive?
Toyota
Audi
Volkswagen
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1820 3rd St
This home is located at 1820 3rd St in Alameda, CA and zip code 94501. Features: 0 bathroom. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $1,600,000.
In January 2025, from all listings sold in Alameda, CA there were more than 7 sold above asking price, over 4 sold below and more than 5 were sold right at the asked price. The number of listings in Alameda, CA increased by 27.1% between December and January 2025. The median list price of listings available in January 2025 was $1,147,888, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.