$1,497,000
$103K PRICE DROP

Estimated payment $9,461/month

Total Views 16,089
-- Bed
-- Bath
3,091 Sq Ft
$484 Price per Sq Ft

Highlights

  • Downtown View
  • 8,813 Sq Ft lot
  • No HOA
  • Encinal Junior/Senior High Rated A
  • Corner Lot
  • 1-minute walk to Woodstock Park

About This Home

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

Listing Agent

Jose Cerda-Zein

License #01403669 Listed on: 11/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 8,813 Sq Ft Lot
  • Corner Lot

Property Views

  • Downtown
  • Hills

Home Design

  • Duplex
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 5 Units
  • West End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7445812

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

8,813 Sq Ft Lot

Listing Details

  • Year Built: 1895
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: West End
  • Directions: Ralph Appezzato PKWY to 3rd St..
  • Garage Yn: No
  • Efficiency: None
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Other
  • Appliances: Refrigerator, Dryer, Washer
  • Fireplace: No

Exterior Features

  • Roof: Unknown
  • Lot Features: 2 Houses / 1 Lot, Corner Lot, Premium Lot
  • View: Downtown, Hills
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Laundry Features: In Basement
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8813
  • Parcel Number: 7445812

Multi Family

  • Number Of Units Total: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,501 $942,928 $530,197 $412,731
2024 $16,229 $924,440 $519,801 $404,639
2023 $15,656 $906,316 $509,610 $396,706
2022 $15,313 $888,547 $499,619 $388,928
2021 $14,951 $871,127 $489,824 $381,303
2020 $14,791 $864,887 $484,805 $380,082
2019 $13,653 $847,981 $475,299 $372,682
2018 $7,805 $362,730 $231,960 $130,770
2017 $7,506 $353,466 $227,413 $126,053
2016 $7,464 $346,545 $222,954 $123,591
2015 $7,411 $341,348 $219,606 $121,742
2014 $7,462 $334,673 $215,305 $119,368
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 For Sale $1,497,000 0.0% $484 / Sq Ft
03/15/2026 03/15/26 Pending -- -- --
03/12/2026 03/12/26 Price Changed $1,497,000 -6.4% $484 / Sq Ft
11/21/2025 11/21/25 For Sale $1,600,000 -- $518 / Sq Ft
Source: Bay East Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $172,000 Commercial
Closed $172,000 Commercial
Source: Public Records

Source: Bay East Association of REALTORS®

MLS Number: 41117968

Bay East Association of REALTORS®
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