537 Pacific Ave, Alameda

$1,798,000

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0.17

Acres

About 537 Pacific Ave

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.

Features of 537 Pacific Ave

MLS® # 41112889
Price $1,798,000
Bathrooms 0.00
Acres 0.17
Year Built 1959
Type Residential Income
Status Active

Community Information

Address 537 Pacific Ave
Subdivision ALAMEDA
City Alameda
County Alameda
Zip Code 94501

Amenities

Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling None
Has Basement No
Fireplace No

Exterior

Exterior Stucco
Construction Stucco

Additional Information

Date Listed September 26th, 2025
Days on Market 33
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJatin Mehta
OfficeKite Hill Real Estate

Listing Map

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