
Alameda, California 94501
This Versatile Multi-Unit Residential Asset is listed at $1,600,000, representing a stable and fair acquisition aligned with its $1,562,754 Fair Market Value. Boasting a Move-in Ready Condition Rating, the property features a rare three-unit configuration with renovated kitchens, quartz countertops, and a private patio. Situated in a prime walkable location near Park Street, it offers immediate access to Top-Rated 9/10 Schools including Alameda High School and Donald D. Lum Elementary. This adaptable property is an ideal strategic purchase for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-yield compound in a high-demand transit hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2135 Buena Vista Ave Subject | $1,600,000* List Price | 7 | 4 | 3,028 | $516 | - |
A 2061 Buena Vista Ave Sold | $1,900,000 | 7 | 4 | 4,000 | $475 | 0.1 mi |
B 1238 Versailles Ave Sold | $1,390,000 | 6 | 5 | 2,750 | $505 | 0.9 mi |
C 2120 Encinal Ave Sold | $1,900,000 | 8 | 5 | 4,008 | $474 | 0.5 mi |
D 824 Paru St Active | $1,695,000 List Price | 5 | 4 | 3,523 | $481 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates. The kitchen has been recently renovated with contemporary grey shaker cabinets, quartz countertops, stainless steel appliances, and a white subway tile backsplash. The interior shows well-maintained hardwood flooring, updated light fixtures, and fresh paint. While the 1966 build date suggests some original infrastructure may remain, the primary living spaces have been extensively updated to meet current aesthetic standards.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
The rare three-unit configuration, featuring a mix of 3-bedroom and 2-bedroom layouts, provides exceptional flexibility for owner-occupants to offset their mortgage or for investors to secure a high-yield multi-family asset.
Situated on a prime corner near Park Street, the property offers a vibrant lifestyle with immediate access to local eateries, shopping at South Shore Center, and seamless transit links to San Francisco via the Ferry and BART.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
Built in 1966, the property may require capital expenditures for modernization or system upgrades to meet contemporary aesthetic standards and maximize its 'huge upside' potential.
Two of the three units, including the largest 3-bedroom unit, feature only a single bathroom, which may be a competitive disadvantage for families or high-end renters in this price point.
2135 Buena Vista Ave delivers a rare three-unit opportunity on a prime corner at Buena Vista and Mulberry. The property offers a flexible layout with huge upside, whether you choose to occupy one unit while the others help offset the mortgage, create a true compound for extended or generational living, or hold all three as a long-term asset. The unit mix includes a 3-bed, 1-bath (2135 #A), a 2-bed, 1-bath (2135 #B), and a 2-bed, 2-bath (2135 #C), providing multiple paths depending on your goals. Setups like this are increasingly difficult to find, practical, adaptable, and positioned to perform over time. Located near Park Street, where local eateries, bars, and lounges create a vibrant, walkable lifestyle, and just minutes to South Shore Center and Webster Street, the setting blends energy with everyday ease. Enjoy nearby parks, waterfront access, and seamless connectivity to the SF Ferry, BART, AC Transit, and major commuter routes, with convenient access to Oakland and San Francisco International Airports, making both daily living and travel effortless.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades 4-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 95% |
| Baths | 4.0 | 2.0 | 84% |
| Square foot | 3,028 | 1,890 | 87% |
| Lot Size | 6,075 | 4,900 | 77% |
| Price | $1.60M | $1.41M | 64% |
| Price per sq ft | $528 | $741 | 13% |
| Built year | 1966 | 1918 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 159 | 1% |
Apr 16, 2026
$1,600,000
Initial Listing
Jun 18, 2009
$719,000
Public Record