553 Pacific Avenue, Alameda, CA 94501

Local realty services provided by:CENTURY 21 Epic
553 Pacific Avenue,Alameda, CA 94501
$1,200,000
  • - Beds
  • - Baths
  • 3,568 sq. ft.
  • Multi-family
  • Active
Listed by: marshall p ward
Office: compass danville
MLS#:326086829
Source:CABAREIS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$336.32

About this home

Pleased to present 553 Pacific Avenue, a rare opportunity to acquire a distinctive five unit multifamily asset in Alameda's desirable West End. Comprising a charming Victorian fourplex and a separate three bedroom, one and a half bath rear home, the property offers approximately 3,568 square feet of building area on a 7,500 square foot lot. Additional highlights include a downstairs room offering flexibility as an office or bedroom, a distinctive tower bonus room, and a deck providing inviting outdoor space. Offered at an approximately 7.1% cap rate, this investment combines attractive income with a versatile two building configuration appealing to investors and owner users seeking additional rental income. Updated interiors and high end finishes complement the property's classic architectural character, while on site laundry and bike storage provide added convenience. Ideally situated near Webster Street's established retail and dining corridor and Alameda Farmers' Market, the...

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Home facts

  • Year built:1908
  • Listing ID #:326086829
  • Updated:October 24, 2026 at 02:37 PM

Rooms and interior

  • Living area:3,568 sq. ft.

Heating and cooling

  • Heating:Central, Natural Gas, Wall Furnace

Structure and exterior

  • Year built:1908
  • Building area:3,568 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Curbs/Gutters

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$336.32

Features and amenities

  • Laundry features:Coin Operated

Parking

  • Total parking spaces:3
  • Parking description:Garage, Off Street, Street
  • Garage:Yes
  • Garage spaces:1
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