OVER $1 MILLION PRICE REDUCTION! HIGH-QUALITY BUILDING w/ SOLID INCOME & MINIMAL HEADACHES. HIGH-OCCUPANCY. Rarely Available 44 Quality Units in Desirable Jackson Triangle. Peaceful Setting: Amongst Single Family Homes. Quiet Street, Minimal Thoroughfare Traffic. CAP Rate: In-Place 6.75% / Pro-Forma: 8.00%. GRM: In-Place: 9.85 / Pro-Forma: 8.54. Cost/Unit: $248,000/Unit. Cost/SF: $352/SF. Pride-of-Ownership Property. Excellent Curb Appeal. Fully Secured Building. Gated-Community. Park-Like Setting / Secured Perimeter. Unit Mix: (26) Spacious 1 Bedroom/1 Bath (ñ663 SF) Units. (18) Spacious 2 Bedroom/1 Bath (ñ765 SF) Units. Secured Center Courtyard w/ Numerous Tenant Amenities. Durable Rents w/ Upside: Low Historic Vacancy. Low Tenant Turnover. Solid Cashflow. Reposition Ideas: Add Dishwashers, Recessed Lighting, Flooring Upgrades. Capital Improvements: Dual-Pane Windows, Water Heaters, Landscape Lighting, Exterior Painting, Etc. Excellent Connectivity & Access to Major Employers: Public Transit: 1.8 Miles From the Hayward BART Station (9-Minute Bike Ride / 12 Minutes by Bus). Commute: Easy Access to Major Freeways (Highways 92, 880, and 84). Major Employers: Short Commute to Major Employers. East Bay: Tesla, Kaiser, UC Berkley, etc. Peninsula: Visa, Meta, Google, and More
| MLS # | ML82061756 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 57 |
| Listing Provided By | Colliers Parrish International, Inc. | Don Sung |
| SQ Feet | 31,006 |
|---|---|
| Car Port | Yes |
| Building(s) | 4 |
| Zoning | RH (High-Density Resident |
| Acreage | 1.40 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|---|
| Security Features | Security Lights |
| Property | 145806 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Hayward |
| Zip Code | 94544 |
| Area | 699 Not Defined |
| Listing VS Median (in 94544) | |
Price: $10,912,000 low | high Med: $749,000 sqft: 31,006 low | high Med: 1,620 $ / sqft: $352 low | high Med: $466 On site: 57 low | high Med: 166.5 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Hayward |
| Zip Code | 94544 |
| Area | 699 Not Defined |
| Listing VS Median (in 94544) | |
Price: $10,912,000 low | high Med: $749,000 sqft: 31,006 low | high Med: 1,620 $ / sqft: $352 low | high Med: $466 On site: 57 low | high Med: 166.5 | |