537 Pacific Avenue

Alameda, CA 94501

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 7500
    Sqft(Lot)
$2,099,500

Description

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!

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    48645222

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Property Appliances: Washer

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Natural Gas,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1959
    • Construction: Stucco

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7500

  • Listing Price Information

    • Original List Price: 2,099,500
    • Listing Contract Date: 2025-02-17

    Lease Information

  • Tax Information

    • Parcel Number: 744367

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: Central to Webster St Cross Street: Webster.
    • Source Property Type: Residential Income

    Building and Construction

    • Property Age: 66
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 02/22/2025 @ 14:44

  • MLS: 41086168
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 7,500 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Alameda , in zip code 94501, this Alameda County Home are nearby neighborhoods.