500 Buena Vista AVE, Alameda, CA 94501
500 Buena Vista AVE, Alameda, CA 94501
500 Buena Vista AVE, Alameda, CA 94501
500 Buena Vista AVE, Alameda, CA 94501
500 Buena Vista AVE, Alameda, CA 94501
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 3,100,000
Est. payment | /mo

0.36 Acres Lot

Save
$ 3,100,000
Est. payment | /mo
Save

0.36 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82036853

HOA Y/N No

Year Built 1962

Annual Tax Amount $47,797

Lot Size 0.358 Acres

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.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning R-4-PD

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 14

Schools

School District Alameda City Unified

Others

Tax ID 0740436030

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Adam Richardson Marcus & Millichap #02205735

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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500 Buena Vista AVE

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