Home | Alameda County | Alameda | 94501 | 500 Buena Vista Ave
MLS: ML82036853 | Status: | Price: $3,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 7,592 | 15,600 | 1962 |
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.
| Field | Value |
|---|---|
| MLS # | ML82036853 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 51 |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Tar/Gravel |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 0 Car(s) |
| Elementary District | Alameda City Unified |
| High School District | Alameda City Unified |
| Sewer | Public Sewer |
| Complex Amenities | None |
| Zoning | R-4-PD |
Adam Richardson
Marcus & Millichap
License #: 02205735
Phone: (510) 599-4410
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 10 | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 750 | 2 | 1/0 | $1,559 | $2,500 | 10 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 350 4th St | $2,600,000 | – | – | 16,682 | |
| 1000 Central Ave. | $2,580,988 | – | – | 5,101 | |
| 185 15th St | $3,080,000 | – | – | 8,259 |
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This listing information is up-to-date as of March 03, 2026. For the most current information, please contact Adam Richardson, (510) 599-4410.