Seller's Agent in 2023
Keith Manson
Cushman & Wakefield
(415) 244-6300
2 in this area
35 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2023
Closed on
Dec 13, 2023
Sold by
Bought by
Seller's Agent
Keith Manson
Cushman & Wakefield
Buyer's Agent
OK Denchukwu
All Access Real Estate
List Price
$2,225,000
Sold Price
$2,050,000
Premium/Discount to List
-$175,000
-7.87%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
0.0776%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2016
Sold by
Bought by
Purchase Details
Closed on
Aug 27, 2013
Sold by
Bought by
Purchase Details
Closed on
Dec 21, 2006
Sold by
Bought by
Purchase Details
Closed on
Oct 27, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,050,000 | Old Republic Title Company | ||
| -- | None Available | ||
| $914,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,230,000 | ||
| Previous Owner | $731,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $31,387 | $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
31 Total Sales
-
OK Denchukwu
Buyer's Agent in 2023
OK Denchukwu
All Access Real Estate
(510) 760-6377
1 in this area
28 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 423913823
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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