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PRICE $3,100,000
BEDS 0
BATHS 0
HOME SIZE 7,592 sqft
LOT SIZE n/a
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The offering presents 500 Buena Vista Avenue, is a well-maintained multifamily property located in the highly desirable Alameda market, offering an excellent opportunity for investors. The property consists of 10 units, each with spacious 2-bedroom, 1-bathroom layouts, totaling 7,592 square feet of living space on a 0.28-acre lot. Built in 1962, the property has been well-kept and is currently 100% occupied, providing immediate rental income. E 500 Buena Vista Avenue offers significant value-add potential by capitalizing on an 18% loss-to-lease, driving substantial pro forma income growth and long-term appreciation. The property benefits from individual metering for gas and electricity, reducing landlord operational oversight, while water is mastermetered. Its strategic West Alameda location, combined with robust market fundamentals and a clear path to rent optimization, positions this asset as an ideal investment for stable income and future capital appreciation.

LAST UPDATED 3/2/2026 TRACT 500 Buena Vista
YEAR BUILT 1962 COUNTY Alameda
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
HEAT Wall Furnace
LOT 0
LOT DIMENSIONS 15600.00
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
SUBDIVISION 500 Buena Vista
TAXES 47797
ZONING R-4-PD
Listed by Adam Richardson | 510-599-4410, Marcus & Millichap

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 3/4/26 3:26 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2026.


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