537 Pacific Ave, Alameda, CA 94501

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.