CA
Alameda
ALAMEDA
94501
500 Buena Vista Avenue
500 Buena Vista Avenue, ALAMEDA, CA 94501
Share Listing
Listing Type
Multi Family
Listing Status
Active
5
$3,100,000

Home Details for 500 Buena Vista Avenue

Price
$3,100,000
Type
Residential Income
Square feet
7592
Year built
1962
County
Alameda
Days on site
15
MLS Listing#
ML82036853
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Adam Richardson
Property Description

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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • Parking
    • Assigned
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Based on information from the MLSListings MLS. 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.

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Last Updated: 2026-05-19 14:48:55
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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