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

537 Pacific Ave

4,522 Sq.Ft.

Description

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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Location

537 Pacific Ave, Alameda, CA 94501

Status

For Sale
Jatin Mehta

Jatin Mehta

TITLE

Founder

Property Amenities

Interior
Laundry room Coin Operated
Flooring Wood
Other Interior Features Storage
Area & Lot
Total area 4,522 Sq.Ft.
Lot Area 7,500 Sq.Ft.
Living area 4,522 Sq.Ft.
MLS® ID 41112889
Year Built 1959
Type Multi-Family
Status For Sale
Exterior
Air conditioning None
Heat type Natural Gas
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Parking Tandem
Lot Features Rectangular Lot, Paved
Utilities Wired For Cable TV, Individual Electric Meter, Individual Gas Meter
Finance
Sales Price $1,798,000
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Schedule a Showing

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Thank you for your interest in 537 Pacific Ave, Alameda, CA 94501. We are reviewing your request and will be in touch shortly!

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