Property Details
About this Property
537 Pacific Ave is a prime investment opportunity in the heart of West Alameda, California. This well-maintained six-unit apartment building is just one block from vibrant Webster St, a bustling commercial corridor filled with shops, dining, and entertainment. Built in 1959, the 4,522 SF building sits on a generous 7,500 SF lot between 5th and 6th Streets. The property offers an excellent unit mix-5 spacious one-bedrm, one-bathrm units and a large two-bedrm, two-bathrm unit. Each unit is individually metered for water, gas, and electricity, keeping owner expenses low. Three of the six units have been beautifully renovated with sleek, modern finishes, while the two-bedroom unit boasts the convenience of in-unit laundry. The remaining three units have received light upgrades. Residents enjoy a shared backyard, six covered carport parking spaces, an on-site coin-operated laundry facility, and six private storage closets-one for each unit. G.Income=$163k/yr. For investors, the property presents exciting potential. The laundry room, carports, storage spaces & spacious backyard may offer an opportunity for an accessory dwelling unit (ADU) conversion. With its unbeatable location, strong rental appeal, and value-add potential, property is a rare find in Alameda’s thriving rental market!
MLS Listing Information
MLS #
BE41086168
MLS Source
Bay East
Days on Site
40
Interior Features
Appliances
Washer
Flooring
Laminate, Tile
Laundry
Community Facility
Cooling
None
Heating
Gas, Wall Furnace
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage: Car(s)
Sewer
Public Sewer
Water
Public
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
537 Pacific Avenue is a Residential Income in Alameda, CA 94501. This 4,522 square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,099,500 and was built in 1959. This address can also be written as 537 Pacific Avenue, Alameda, CA 94501.
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This listing information is up-to-date as of March 03, 2025. For the most current information, please contact OK Denchukwu, (510) 760-6377
