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Buena Vista Gardens 2251 Buena Vista Ave 24 Unit Apartment Building $8,654,704 CAD ($360,613 CAD/Unit) 5.18% Cap Rate San Leandro, CA 94577
INVESTMENT HIGHLIGHTS
- Exceptional Value Add Opportunity
- First time ever on Market. Original Ownership.
- Private Spacious Patios / Balconies in Select Units
- Over 16% in Potential Rental Upside
- Walking Distance to over (75) retail options.
- Walking Distance to Downtown San Leandro & BART
EXECUTIVE SUMMARY
***TOUR DATES BY APPOINTMENT ONLY***
August 7th | 12:00 pm to 1:00 pm
August 12th | 12:00 pm to 1:00 pm
August 14th | 12:00 pm to 1:00 pm
Buena Vista Gardens, 2251 Buena Vista Avenue in San Leandro, CA is strategically located a few blocks from downtown San Leandro and an abundance of retail options. The building sits at the end of a quiet home lined street. The property is scure, and offers residents a serene and peaceful setting. The property and been very well maintained and is being sold by the family of the original developer.
2251 Buena Vista Avenue, San Leandro, is a low-rise, two-story apartment community built in 1962. The property comprises 24 units with a desirable unit mix consisting of:
(8) 1-Bed / 1 Bath units
(15) 2-Bed / 1 Bath units
(1) 2-Bedroom / 2 Bathroom
Each unit is individually metered for gas & electricity and features a private balcony or patio in select units. Property amenities include on-site laundry and gated, secure parking with a 1:1 ratio for tenants.
August 7th | 12:00 pm to 1:00 pm
August 12th | 12:00 pm to 1:00 pm
August 14th | 12:00 pm to 1:00 pm
Buena Vista Gardens, 2251 Buena Vista Avenue in San Leandro, CA is strategically located a few blocks from downtown San Leandro and an abundance of retail options. The building sits at the end of a quiet home lined street. The property is scure, and offers residents a serene and peaceful setting. The property and been very well maintained and is being sold by the family of the original developer.
2251 Buena Vista Avenue, San Leandro, is a low-rise, two-story apartment community built in 1962. The property comprises 24 units with a desirable unit mix consisting of:
(8) 1-Bed / 1 Bath units
(15) 2-Bed / 1 Bath units
(1) 2-Bedroom / 2 Bathroom
Each unit is individually metered for gas & electricity and features a private balcony or patio in select units. Property amenities include on-site laundry and gated, secure parking with a 1:1 ratio for tenants.
PROPERTY FACTS Under Contract
| Price | $8,654,704 CAD | Property Subtype | Apartment |
| Price Per Unit | $360,613 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.18% | Lot Size | 0.69 AC |
| Gross Rent Multiplier | 11.14 | Building Size | 17,125 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Zoning | RM-1800 | ||
| Price | $8,654,704 CAD |
| Price Per Unit | $360,613 CAD |
| Sale Type | Investment |
| Cap Rate | 5.18% |
| Gross Rent Multiplier | 11.14 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 17,125 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | RM-1800 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 620 |
| 2+1 | 15 | - | 750 |
| 2+2 | 1 | - | 750 |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 077-0556-064-01 | Improvements Assessment | $2,267,122 CAD |
| Land Assessment | $1,190,557 CAD | Total Assessment | $3,473,450 CAD |
PROPERTY TAXES
Parcel Number
077-0556-064-01
Land Assessment
$1,190,557 CAD
Improvements Assessment
$2,267,122 CAD
Total Assessment
$3,473,450 CAD
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Buena Vista Gardens | 2251 Buena Vista Ave
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