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553 Pacific Avenue, 
Alameda, CA 94501

$1,200,000


—

Bed


—

Bath


3,568

Sq Ft


Multi-Family

Active

Listed by

Marshall P Ward

Compass Danville

Last updated:

October 23, 2026, 01:06 AM

MLS#

326086829

Source:

CABAREIS

About This Home

553 Pacific Avenue

Pleased to present 553 Pacific Avenue, a rare opportunity to acquire a distinctive five unit multifamily asset in Alameda's desirable West End. Comprising a charming Victorian fourplex and a separate three bedroom, one and a half bath rear home, the property offers approximately 3,568 square feet of building area on a 7,500 square foot lot. Additional highlights include a downstairs room offering flexibility as an office or bedroom, a distinctive tower bonus room, and a deck providing inviting outdoor space. Offered at an approximately 7.1% cap rate, this investment combines attractive income with a versatile two building configuration appealing to investors and owner users seeking additional rental income. Updated interiors and high end finishes complement the property's classic architectural character, while on site laundry and bike storage provide added convenience. Ideally situated near Webster Street's established retail and dining corridor and Alameda Farmers' Market, the property also benefits from proximity to Washington Park, Crab Cove, and Crown Memorial State Beach. Access to Alameda's ferry terminals connects residents to San Francisco, rounding out a compelling combination of income, character, and location.

Home Facts

Multi-Family

Built in 1908

Price Summary

1,200,000

$336 per Sq. Ft.

MLS #:

326086829

Last Updated:

October 23, 2026, 01:06 AM


Rooms & Interior

Interior

Living Area:

3,568 Sq. Ft.


Structure

Structure

Building Area:

3,568 Sq. Ft.

Year Built:

1908


Lot

Lot Size (Sq. Ft):

7,501


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$336 per Sq. Ft.

Source:CABAREIS
The information being provided by Bay Area Real Estate Information Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bay Area Real Estate Information Service. Compass Danville is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass Danville, a broker participant of Bay Area Real Estate Information Service. 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. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bay Area Real Estate Information Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Bay Area Real Estate Information Service. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.