1064 E Street, Hayward, CA, CA 94541
- $4,750,000
- List Price
- $4,750,000
- Status
- ACTIVE
- MLS#
- 41142913
- County
- Alameda
- Year Built
- 1965
- Square Feet
- 21,750
- Days on Market
- 3
- Property Type
- Multifamily
- Neighborhood
- Hayward
Property Description
Casa Bret Harte presents an attractive 17-unit multifamily investment opportunity in Hayward. The property features fifteen spacious 2-bedroom/1.5-bath units and two 1-bedroom/1-bath units, private decks, 24 on-site parking spaces, an elevator, and a coin-operated laundry facility. Significant capital improvements have been completed recently, enhancing the property and reducing near-term capital needs. Currently 15 units are occupied, with two vacant units offering immediate leasing potential. Approximately 18,650 square feet of building area, together with meaningful rental upside, provides an opportunity to increase income while acquiring a substantial East Bay apartment asset. 5.81% Cap rate/11.75 GRM on current rents, over 8% cap rate/9.29 GRM on market rents. Rent roll, profit and loss, and other financials in disclosure link.
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Additional Information
- Taxes
- $57,647
- Parcel Number
- 427138
- Heat
- Electric
- Cooling
- Yes
Listing courtesy of Listing Agent: Joseph Silva (sndcxxj@yahoo.com) from Listing Office: Alliance Bay Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.