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Sold for $2,900,000
  • $2,900,000

    Buena Vista Ave, Alameda, CA 94501

    2beds
    1baths
    7,592sqft
    Five Or More Units, Residential Income
    Built in 1962
    -- sqft lot
    $2,891,800 Zestimate®
    $382/sqft
    $2,808 Estimated rent

    Home value

    $2,891,800

    $2.63M - $3.18M

    $2,808/mo

    Zestimate® history
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    $2,808/mo

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    $2,808/mo

    Rent Zestimate®

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    $18,457/mo

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    $18,457/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Richardson 02205735 510-599-4410,

    Marcus & Millichap 650-391-1700

    Bought with:

    Je'an Eason, 02067600

    Main Source Real Estate

    Source: MLSListings Inc,MLS#: ML82036853MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 7,592
    • Total interior livable area: 7,592 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Assigned
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.36 Acres
    Details
    • Parcel number: 0740436030
    • Zoning: R-4-PD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Slab
    • Roof: TarGravel
    Condition
    • Year built: 1962

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Sewer: Public Sewer

    Community & HOA

    HOA
    • Amenities included: None
    Location
    • Region: Alameda

    Financial & listing details

    • Price per square foot: $382/sqft
    • Date on market: 3/2/2026
    • Listing agreement: ExclusiveAgency
    • Lease term: Month To Month

    Price history

    DateEventPrice
    5/20/2026Sold$2,900,000-6.5%$382/sqft
    Source: MLSListings Inc #ML82036853 Report a problem
    5/19/2026Pending sale$3,100,000$408/sqft
    Source: MLSListings Inc #ML82036853 Report a problem
    3/28/2026Listed for sale$3,100,000$408/sqft
    Source: MLSListings Inc #ML82036853 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: AlamedaCityUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $2,891,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,891,800