Sold

Closed

537 Pacific Avenue

Alameda CA, 94501

$2,050,000


$453.34 per sqft

Sold

Closed

7 Beds

4,522 sqft

Multi-family

Built in 1959

537 Pacific Ave is a six-unit apartment building centrally located in West Alameda, California, just 1 block from Webster St, one of the main commercial corridors in the City of Alameda. Built in 1959, the 4,522 SF structure is situated on a 7,500 SF lot on Pacific Ave between 5th and 6th St. The property features a unit mix of 5 one-bedroom, one-bathroom units and 1 large two-bedroom, two-bathroom unit that is ideally suited for an owner-occupier. Each unit is individually metered for water, gas & electric, leaving minimal operating expenses for the owner to pay for. Three of the six units have been extensively renovated with contemporary finishes and the two-bedroom unit features in-unit laundry. The remaining three units have undergone light unit upgrades. The property features a sizable backyard that all tenants have access to as well as six covered carport parking spaces, an on-site, coin-operated laundry facility and 6 large storage closets, one for each unit. The laundry room, carports, and storage closets provide the potential opportunity for an accessory dwelling unit conversion and the backyard provides a potential opportunity to build a detached accessory dwelling unit.

423913823

MLS ID

October 2, 2023

Listed

May 9, 2024

Updated

Map

537 Pacific Avenue
Alameda CA, 94501

Interior Features

Total Stories

2


Bedrooms

7


Appliances

Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Freezer, Free-Standing Refrigerator, Varies By Unit


Laundry Description

Coin Operated, Common Area


Floor Description

Linoleum, Tile, Wood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Wall Furnace

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Curbs/Gutters, Shape Regular, Sidewalk


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

Alameda Map Area 4


Garage

No


Parking

Attached, Carport, Covered, Off Street


Parking Total

6


View

No


County

Alameda


Water Source

Separate Meter, Public


Pool

No

Listing History

Date

Event

Price

12/16/2023

Price Change

$2,050,000

-3%

12/16/2023

Sold

$2,050,000

12/8/2023

Pending

11/9/2023

Price Change

$2,100,000

-6%

Bought with OK Denchukwu with All Access Real Estate and Listed by Keith Manson (DRE #DRE #01490046) with CBRE 

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 5/9/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bonnie Spindler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 3:06 AM UTC, 5/9/2024

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