Alameda Multifamily Investment
1580 Buena Vista Ave Alameda, CA 94501
1580 Buena Vista Ave, Alameda, CA, 94501
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For Sale
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Multifamily property with 10 units in Alameda, California.
Property Size7,584 SF
Price / SF$342.83
Days on Market116
Property Features for 1580 Buena Vista Ave
General Information
- Standard status
- Active
- Size
- 7,584 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1962
Listing Agency
Colliers - Oakland, California
Listed by
Ben Wemer · License #02206077
Source
Crexi
Added: Mar 24 Checked: Jul 16 at 11:34 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Oakland, California
Investment Insights
Based on property information with market context.
This multifamily property, located in Alameda, California, comprises 10 units. The building has a total area of 7,584 square feet. It is suitable for residential income purposes.
Key Highlights
- Multifamily Property
- 10 Units
- Priced at $260,000/unit
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.0k | $27.96 |
| − Vacancy | −$12.3k | −$1.62 |
| EGI | $199.7k | $26.34 |
| − OpEx | −$89.9k | −$11.85 |
| NOI | $109.9k | $14.49 |
7,584 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,862 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$34.58M
$30.25M – $40.34M
NOI $2,420,255 @ 7.0% cap · market cap 93.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Multifamily property with 10 units in Alameda, California.
Where is this apartment building located?
The property is located at 1580 Buena Vista Ave Alameda, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Multifamily Property; 10 Units; Priced at $260,000/unit
