537 Pacific Ave

Alameda, CA, 94501

For Sale $1,798,000

0.17acre

Shen Schulz (310) 980-8809shen@shenrealty.com

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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Listed by:

Jatin Mehta with Kite Hill Real Estate

(855) 450-0442

Ok Denchukwu with All Access Real Estate

(415) 326-3755

537 Pacific Ave is a Residential Income property located in Alameda, California, featuring a 0.172 acre lot, MLS #41112889.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-11-17 17:00:48