For Sale35d on market
Buena Vista Ave
Alameda, CA, 94501 • Central • Alameda County
$3,100,000
$408/sqft
2Beds
1Baths
7,592Sqft
0.36 acLot
1962Built
This home is getting attention
Listed 35 days ago · 248 views · 2 saves
Market activity
Demand and pricing signals for this listing
248 views
People checking out this listing
2 saves
Buyers have saved this home
35 days on market
Established listing
$408/sqft
Price per square foot
About this home
Multi Family · Built 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.
Estimated monthly payment
Based on current rates
$19,571/month
Principal & Interest$15,438
Property Tax$3,100
Insurance$1,033
Down payment20% ($620,000)
3%50%
Est. 6.35% rate · 30yr fixed · $2,480,000 loan
Full calculator →At a glance
Key facts and listing details
TypeFive Or More Units, Residential Income
Year Built1962
HeatingWall Furnace
CoolingNone
Parking14 Carport spaces
Days on Zillow35 Days
Price/sqft$408
Property
Home typeMulti Family
Sub-typeFive Or More Units, Residential Income
Year built1962
Systems
HeatingWall Furnace
CoolingNone
RoofTarGravel
Water / SewerPublic Sewer
Parking & Outdoor
ParkingAssigned
Lot0.36 Acres
Location & Tax
NeighborhoodCentral
ZoningR-4-PD
Parcel0740436030
Features & details
5 categories of property features
Interior Features
Heating
Wall Furnace
Cooling
None
Accessibility
None
Exterior Features
Parking
Assigned
Gas
IndividualGasMeters
Listing insights
Market data and value estimates
StatusFor Sale
Days on market35
Tax rate1.22%
Price/sqft$408
On marketMar 2, 2026
PostedMar 3, 2026
MLS updatedMar 2, 2026
Tour days9
Views248
Favorites2
How are the schools in Alameda?
3 schools rated nearby
Location
Alameda, CA, 94501
Price history
1 event
DateEventPrice$/sqftSource
Mar 3, 2026Listed For Sale$3,100,000$408MLSListings Inc
Listed For Sale$3,100,000
Mar 3, 2026•$408/sqft•MLSListings Inc
Nearby homes
Neighborhood details
Local context around this listing
Alameda, CA • Alameda County
Nearby neighborhoods
Ballena BayBay Farm IslandBronze CoastCentralEast EndFernsideGold CoastHarbor Bay IsleSouth ShoreWest End
Nearby cities
AlamedaBerkeleyDublinFremontHaywardLivermoreOaklandPleasanton
Nearby zip codes
9450194502
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Based on information from the MLSListings MLS as of 2026-04-07 12:49:19 PDT. 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.
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