537 Pacific Ave

$1,798,000
Price
Beds
Baths
4,522 Sq. Ft.
$398 / Sq. Ft.
4,522
Sq. Ft.
$398
per 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...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.

Property Details for 537 Pacific Avenue

City
ALAMEDA
Dist Neighborhood Subdiv
ALAMEDA
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Tandem Parking
Total # Parking Spaces
6
LISTING UPDATED: 11/17/2025 08:46 AM

Property Details for 537 Pacific Avenue

StatusActive
MLS #41112889
Days on Compass72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.17 AC / 7,500 SF
CountyAlameda County

Location

Listing Courtesy of Kite Hill Real Estate, Jatin Mehta, DRE #02045713; All Access Real Estate, Ok Denchukwu, DRE #01461976
Add your commute

Building Information for 537 Pacific Avenue

Stories-Residences6Year Built1959Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$11,501 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,885

Property Taxes

$2,616

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 537 Pacific Avenue

Features
Feature Details
  • Flooring: Wood
  • Laundry: Coin Operated
Utility Details
  • Cooling: None
  • Heating: Gas
  • Water/Sewer: PublicSewer
Lot / Property Details
Property Details
  • Additional Equipment: Carbon Mon Detector, Smoke Detector(s), Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: RectangularLot, Paved
  • Lot Sq Ft Apx: 7500
  • Lot Size Square Feet: 7500.0
  • Roof: Shingle
  • Sq Ft Apx: 4522
  • Year Built: 1959
Location Details
  • Directions to Property: Google Maps
  • FIPS Code: 06001
  • Census Tract: N/A
  • Parcel Number: 74-436-7
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Insurance, Maintenance/Repair, Property Tax/Assessments, Utilities
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 5
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Dining Room: Yes
  • Unit # 1 Air Cond: No
  • Unit # 1 Fireplace: No
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Rent: 2068
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Dining Room: Yes
  • Unit # 2 Air Cond: No
  • Unit # 2 Fireplace: No
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 2
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Rent: 2,995
Building Details
  • Additional Features-Misc: Extra Storage, Wired For Cable TV
  • Apx Lot Acres: 0
  • On Site Parking Description: Tandem Parking
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 537 Pacific Avenue

DateEvent & SourcePriceAppreciation
Sep 26, 2025

Listed (Active)

MLSListings #EB41112889

$1,798,000
Sep 26, 2025

Listed (Active)

EBRD #41112889

$1,798,000
Sep 24, 2025

Withdrawn

MLSListings #BE41102076

$1,849,999
Sep 24, 2025

Withdrawn

EBRD #41102076

Sep 23, 2025

Withdrawn

CRMLS #41102076

$1,849,999
Jul 22, 2025

Price Change

EBRD #41102076

$1,849,999
Jul 22, 2025

Price Change

MLSListings #BE41102076

$1,849,999
Jun 19, 2025

Listed (Active)

EBRD #41102076

$1,999,950
Jun 19, 2025

Listed (Active)

MLSListings #BE41102076

$1,999,950
Jun 19, 2025

Listed (Active)

CRMLS #41102076

$1,999,950
Jun 16, 2025

Withdrawn

EBRD #41086168

Jun 16, 2025

Withdrawn

MLSListings #BE41086168

$2,099,500
Jun 15, 2025

Withdrawn

CRMLS #41086168

$2,099,500
Feb 17, 2025

Listed (Active)

CRMLS #41086168

$2,099,500
Feb 17, 2025

Listed (Active)

MLSListings #BE41086168

$2,099,500
Feb 17, 2025

Listed (Active)

EBRD #41086168

$2,099,500
Dec 15, 2023

Sold

RESFAR #423913823

$2,050,000
Dec 13, 2023

Sold (Public Record)

Public Record #1526306058

$2,050,000

+22.5% / yr

Nov 15, 2023

Pending

RESFAR #423913823

Nov 9, 2023

Price Change

RESFAR #423913823

$2,100,000
Oct 2, 2023

Listed (Active)

RESFAR #423913823

$2,225,000
Dec 27, 2016

Sold (Public Record)

Public Record #587189653

$500,000

-16.5% / yr

Aug 27, 2013

Sold (Public Record)

Public Record #367982703

$914,000
DateEvent & SourcePrice
09/26/2025

Listed (Active)

MLSListings #EB41112889

$1,798,000
09/26/2025

Listed (Active)

EBRD #41112889

$1,798,000
09/24/2025

Withdrawn

MLSListings #BE41102076

$1,849,999
09/24/2025

Withdrawn

EBRD #41102076

09/23/2025

Withdrawn

CRMLS #41102076

$1,849,999
07/22/2025

Price Change

EBRD #41102076

$1,849,999
07/22/2025

Price Change

MLSListings #BE41102076

$1,849,999
06/19/2025

Listed (Active)

EBRD #41102076

$1,999,950
06/19/2025

Listed (Active)

MLSListings #BE41102076

$1,999,950
06/19/2025

Listed (Active)

CRMLS #41102076

$1,999,950
06/16/2025

Withdrawn

EBRD #41086168

06/16/2025

Withdrawn

MLSListings #BE41086168

$2,099,500
06/15/2025

Withdrawn

CRMLS #41086168

$2,099,500
02/17/2025

Listed (Active)

CRMLS #41086168

$2,099,500
02/17/2025

Listed (Active)

MLSListings #BE41086168

$2,099,500
02/17/2025

Listed (Active)

EBRD #41086168

$2,099,500
12/15/2023

Sold

RESFAR #423913823

$2,050,000
12/13/2023

Sold (Public Record)

Public Record #1526306058

$2,050,000

+22.5% / yr

11/15/2023

Pending

RESFAR #423913823

11/09/2023

Price Change

RESFAR #423913823

$2,100,000
10/02/2023

Listed (Active)

RESFAR #423913823

$2,225,000
12/27/2016

Sold (Public Record)

Public Record #587189653

$500,000

-16.5% / yr

08/27/2013

Sold (Public Record)

Public Record #367982703

$914,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 537 Pacific Avenue

Taxable ValueLand$612,000Additions$1,470,840Total$2,082,840
Tax Record2025$31,387 ($2,616 / month)
Home Facts
Total Finished SqFt4,522 SqFtAbove Grade Finished SqFt4,522 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyALAMEDAAPN74-436-7

Schools near 537 Pacific Avenue

This home is within Alameda Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Ruby Bridges Elementary School
PublicK to 5

Encinal Jr. Sr. High School
Public6 to 12

Island High School
Public9 to 12

The Academy of Alameda
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

537 Pacific Avenue is a multi-family home for sale in Alameda, CA 94501. This property was listed for sale on September 26, 2025 by Kite Hill Real Estate, it's currently listed at $1,798,000. It has been on the market for a total of 72 days and was last sold on December 15, 2023. This listing's school district is Alameda Unified School District. Nearby schools include Ruby Bridges Elementary School, Encinal Jr. Sr. High School and Island High School. 537 Pacific Avenue is a 0-bed, 0-bath, 4,522 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kite Hill Real Estate, Jatin Mehta, DRE #02045713; All Access Real Estate, Ok Denchukwu, DRE #01461976

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® 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 San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® 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. 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.