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    Alameda West End Triplex Title is generated by Realmo AI

    1705 5Th St, Alameda, CA 94501

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    For Sale
    $1,100,000

    Triplex in Alameda's West End with strong transit and bike scores.

    Type:Investment
    Property size:
    2,700 SF
    Price / SF:
    $407/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 8:00 pm

    Property Features for 1705 5Th St

    General Information

    Standard status
    Active
    Size
    2,700 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1965

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    Listing Contact
    Vincent Heung

    Listing agent Rene Ferland

    Listing office RE/MAX Accord

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Accord

    HighLights

    • Triplex in the desirable West End of Alameda, offering a strong investment opportunity.
    • High walkability (93), bikeability (89), and transit (84) scores.
    • Each unit features 2 bedrooms, 1 bath, and approximately 900 sq. ft. of living space.
    • Each unit has its own attached 1‑car garage and an additional off‑street parking space.
    • Separately metered for electric and gas, simplifying utility management.
    • On‑site shared and secure laundry room.

    Overview

    This 1960s stucco triplex is located on a quiet street in Alameda's West End, a few blocks west of the Webster Street business district. The property features three occupied 2-bedroom, 1-bath units. Each unit is approximately 900 square feet and includes living areas, bedrooms, a kitchen, and a bathroom. Each unit also has closets and storage space, including access to communal storage at street level, as well as its own attached 1-car garage and an additional off-street parking space. The building offers a shared, secure on-site laundry room. The units rent for $2495. The electrical panel has been upgraded. The property is separately metered for electric and gas. The location offers convenient access to restaurants, the Posey/Webster tube for freeway access, and BART. The ferry terminal is also conveniently located. The bike score is 89, making it very bikeable, the walk score is 93, making it a walker's paradise, and the transit score is 84, indicating excellent transit options.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $137.7k $51.00
    − Vacancy −$8.2k −$3.05
    EGI $129.5k $47.95
    − OpEx −$38.8k −$14.39
    NOI $90.6k $33.57
    2,700 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,626 @ 7.0% cap · market cap 8.24%
    Second Best
    Apartment 5plus
    $558.7K
    $488.9K – $651.9K (±1% cap)
    NOI $39,112 @ 7.0% cap · market cap 3.56%
    Theoretical Best
    Retail
    $12.31M
    $10.77M – $14.36M (±1% cap)
    NOI $861,642 @ 7.0% cap · market cap 78.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.282366
    Latitude
    37.7767797

    FAQs

    What type of property is this?
    Triplex - Triplex in Alameda's West End with strong transit and bike scores.
    Where is this triplex located?
    The property is located at 1705 5Th St Alameda, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Triplex in the desirable West End of Alameda, offering a strong investment opportunity.; High walkability (93), bikeability (89), and transit (84) scores.; Each unit features 2 bedrooms, 1 bath, and approximately 900 sq. ft. of living space.
    More about this property
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