537 Pacific Ave, Alameda, CA 94501

• 4,522 sqft

Property 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.

Listing Status:

Active

Date Added:

September 26, 2025 at 05:00AM

Listing Office:

Kite Hill Real Estate : 855-450-0442

Listing Agent:

Jatin Mehta : 510-878-6800

MLS ID:

41112889

Interior

• General: Storage
• Laundry: Coin Operated
• Basement: None
• Flooring: Wood
• A/C: None
• Heating: Natural Gas

Exterior

• Parking: Tandem

Construction

• General: Stucco

Location

• County: Alameda

Lot

• Zoning: 744367

Utilities

• Utilities: Wired For Cable TVIndividual Electric MeterIndividual Gas Meter

This listing courtesy of Jatin Mehta, Kite Hill Real Estate