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.