Seller's Agent in 2023
Keith Manson
Cushman & Wakefield
(415) 244-6300
2 in this area
40 Total Sales
537 Pacific Ave Alameda, CA 94501
West Alameda Neighborhood
7
Beds
--
Bath
4,522
Sq Ft
7,500
Sq Ft Lot
Highlights
- Wood Flooring
- 6 Car Attached Garage
- Wood Siding
- Encinal Junior/Senior High Rated A
- Coin Laundry
- 4-minute walk to Longfellow Park
About This Home
As of December 2023537 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.
Last Agent to Sell the Property
Cushman & Wakefield License #DRE #01490046 Listed on: 10/02/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959 | Remodeled
Lot Details
- 7,500 Sq Ft Lot
Home Design
- Frame Construction
- Bitumen Roof
- Wood Siding
Interior Spaces
- 4,522 Sq Ft Home
- 2-Story Property
Kitchen
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Free-Standing Freezer
- Dishwasher
Flooring
- Wood
- Linoleum
- Tile
Parking
- 6 Car Attached Garage
- 2 Carport Spaces
- Off-Street Parking
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
Community Details
- 6 Units
- Coin Laundry
- 6 Leased Units
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Assessor Parcel Number 074-0436-007
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $2,050,000 | -2.4% | $453 / Sq Ft |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 11/09/2023 11/09/23 | Price Changed | $2,100,000 | -5.6% | $464 / Sq Ft |
| 10/02/2023 10/02/23 | For Sale | $2,225,000 | -- | $492 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,800 | $2,082,840 | $612,000 | $1,470,840 |
| 2024 | $30,800 | $2,042,000 | $600,000 | $1,442,000 |
| 2023 | $23,390 | $1,473,088 | $436,985 | $1,036,103 |
| 2022 | $22,872 | $1,444,207 | $428,417 | $1,015,790 |
| 2021 | $22,318 | $1,415,896 | $420,019 | $995,877 |
| 2020 | $22,106 | $1,407,492 | $415,713 | $991,779 |
| 2019 | $20,649 | $1,380,024 | $407,565 | $972,459 |
| 2018 | $20,137 | $1,353,087 | $399,574 | $953,513 |
| 2017 | $19,204 | $1,323,267 | $391,740 | $931,527 |
| 2016 | $15,136 | $945,653 | $269,859 | $675,794 |
| 2015 | $15,061 | $931,493 | $265,806 | $665,687 |
| 2014 | $14,735 | $913,300 | $260,600 | $652,700 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Manson
-
Zachary Greenwood
Seller Co-Listing Agent in 2023
Zachary Greenwood
Cushman & Wakefield
(559) 930-1770
2 in this area
34 Total Sales
-
OK Denchukwu
Buyer's Agent in 2023
OK Denchukwu
All Access Real Estate
(510) 760-6377
1 in this area
24 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 423913823
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