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820 Island Dr
Alameda, CA 94502 Harbor Bay/Bay Farm

$1,499,000 USD

Specialty For Sale  •  2,664 SF

Property Details

  • Property Type Specialty
  • Total Building Size 2,664 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 4.21 %
30 Transit Score
62 Walk Score

Description

Hard to find two-story Duplex in prestigious Bay Farm Island of Alameda.  Great schools.  Conveniently located near shops and restaurants.  Near golf course.  Spacious units with good unit mix.  Rent on one unit is below market.  The 4 bedroom 2 bath upper unit is vacant.  Great for homeowners or institutional investors.  Homeowner can use the duplex as one large 7 bedroom 3 bath home with possible 7 car parking and two backyards.

Highlights

Near Safeway grocery store
Near Restaurants
Near Golf Course
Excellent School District
Use as a 7 bedroom 3 bath single family home or keep it as duplex.

Financial Summary (Actual)

Net Operating Income: $63,127 USD (2025)
Cap Rate: 4.21 %
Total Expenses: $18,875 USD

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) 12 min - 6.1 mi
AirportDriveWalkDistance
Metro Oakland International 4 min - 1.9 mi
San Francisco International 42 min - 32.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Kyle Chuah 510-502-2288 Platinum Realty & Investments
Kyle Chuah 510-502-2288 Platinum Realty & Investments