537 Pacific Ave Alameda, CA $ 1,798,000
537 Pacific Ave
$ 1,798,000
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537 Pacific Ave

Alameda, CA, 94501
$ 1,798,000
Bedrooms3 Baths3.0 Sq 4,522

Monthly Estimate*

$ 11,217

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Commercial Property for sale in Alameda, CA

for $1,798,000 with 3 bedrooms and 3 full baths. This 4,522 square foot building was built in 1959 on a lot size of 0.172176.

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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Commercial Active

Price

$ 1,798,000

Bedrooms

3

Full Bath

3

Property Type

Commercial

Taxes

$ 0

Style

5 or More Units

Lot Size

0.172176

Year Built

1959

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

41112889

Features
General
Living Area 4522
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Wired For Cable TV Individual Electric Meter Individual Gas Meter
Roof Shingle
Construction Materials Stucco
Year Built 1959
Property Subtype 5 or More Units
County Alameda
Property Type Commercial Sale
HOA N
Subdivision Name Alameda
Garage Y/N No
Status Active
Directions Google Maps
City Alameda
MLS Area Listing
Lot Size Square Feet 7500
Standard Status Active
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Interior
Interior Amenities Storage
Flooring Wood
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Coin Operated
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Exterior
Parking Features Tandem
Lot Features Rectangular Lot Paved
Lot Size Area 7500
Building Area Total 4522
Lot Size Acres 0.17
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Internal Only
Street Number 1 537
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* Excluded Features
List By
Jatin Mehta

Listing Agent

Kite Hill Real Estate

Broker

jat@teamkitehill.com

Email

Affordability Calculator

$11,217
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,217
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2025$1,798,000 Listed Price

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537 Pacific Ave, Alameda, CA, 94501 is a Commercial Property for sale at $1,798,000 with 4,522 sqft and a lot size of 0.172176. 537 Pacific Ave has 3 bedrooms, 3.0 baths, and was built in 1959. The property's zip code is 94501 which is in Alameda, CA