537 Pacific Ave, Alameda, CA 94501
Local realty services provided by:CENTURY 21 Cornerstone
537 Pacific Ave,Alameda, CA 94501
$1,798,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jatin mehta, ok denchukwu
Office: kite hill real estate
MLS#:41112889
Source:CRMLS
Price summary
- Price:$1,798,000
About this home
To access marketing package copy/paste: https://bit.ly/kitehillre. This well-maintained six-unit apartment building is located in the heart of West Alameda, just one block from Webster Street, one of the city’s primary commercial corridors offering shops, dining, and daily conveniences. Built in 1959, the property comprises approximately 4,522 square feet of rentable space situated on a 7,500 square foot lot. The unit mix consists of five one-bedroom/one-bath units and one spacious two-bedroom/two-bath unit. The larger unit provides flexibility for potential owner-occupancy or the ability to capture higher rental income. Each apartment is separately metered for water, gas, and electricity. This feature minimizes operating expenses for the owner while giving tenants direct responsibility for their utility usage. With a combination of stable cash flow, limited owner expenses, and an attractive location near retail, transit, and neighborhood amenities, this property represents a compelling opportunity for investors seeking both immediate income and long-term value.
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Home facts
- Year built:1959
- Listing ID #:41112889
- Added:111 day(s) ago
- Updated:December 19, 2025 at 12:14 PM
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1959
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,798,000
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