537 Pacific Ave Ave, Alameda, CA 94501 (MLS # 41112889)

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PRICE $1,798,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 7,502 sqft

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"‹"‹"Œ"‹"‹"‹"‹"Œ"‹"‹"Œ"Œ"‹"‹"Œ"‹"‹"‹"Œ"Œ"‹"‹"‹"Œ"‹"‹"Œ"Œ"‹"‹"‹"Œ"‹"Œ"‹"‹"‹"Œ"Œ"‹ value.

DAYS ON MARKET 1 LAST UPDATED 9/26/2025
TRACT ALAMEDA YEAR BUILT 1959
COUNTY Alameda STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AIR CONDITIONING Yes
CONSTRUCTION Stucco
HEAT Natural Gas
LOT 7501 sq ft
SUBDIVISION ALAMEDA
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Kite Hill Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 9/26/25 9:42 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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