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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
Baths0.0

Monthly Estimate*

$ 11,217

Listed by Kite Hill Real Estate
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Studio

Multi-Family Home for sale in Alameda, CA

for $1,798,000. This home was built in 1959 on a lot size of 0.1722.

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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Multi-Family Active

Price

$ 1,798,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1959

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

41112889

Days on Market

74

Features
General
Heating Natural Gas
Cooling None
HOA Fee 0
Construction Materials Stucco
Year Built 1959
Tenant Pays Gas
County Alameda
Property Type Residential Income
Subdivision Name ALAMEDA
Status Active
Directions Google Maps Cross Street: Webster St.
City Alameda
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 7500
Standard Status Active
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Total Baths 0
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Exterior
Total Parking 6
Lot Size Area 7500
Lot Size Acres 0.1722
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* Excluded Features
List By
Kite Hill Real Estate

Broker

jat@teamkitehill.com

Email

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$11,217
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Monthly Principal & Interest
$11,217
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,798,000 Listed Price

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537 Pacific Ave, Alameda, CA, 94501 is a Multi-Family Home for sale at $1,798,000 with a lot size of 0.1722. 537 Pacific Ave is a studio with 0.0 baths and was built in 1959. The property's zip code is 94501 which is in Alameda, CA