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$ 4,400,000
Est. payment | /mo
0.76 Acres Lot
$ 4,400,000
Est. payment | /mo
0.76 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82015422
HOA Y/N No
Year Built 1961
Annual Tax Amount $52,105
Lot Size 0.760 Acres
Property Description
Prime Investment Opportunity, 14-Unit Apartment Complex Near Cal State East Bay, in the heart of downtown Hayward. The property highlights include, 14 Total Units, all 2 Bed / 1 Bath, ideal for long-term tenants and student housing, all Separately Metered for Electric & Gas. On site two coin-operated laundry facilities, plentiful on-site parking, shared backyard amenities with a courtyard & BBQ area. The buildings' exteriors were recently painted. Convenient location, just 1 mile from Cal State University East Bay, 1 mile to Downtown Hayward, easy access to shopping, dining, parks, BART Station, and public transit. Close to Hwy 92, I-880, I-580, San Mateo Bridge, and Dumbarton Bridge. Employment and economic drivers nearby include Cal State University East Bay, Hayward Unified School District, Chabot College, St. Rose Hospital, Alameda County, Illumina, Impax Laboratories, Pentagon Technologies, Plastikon Industries, Ultra Clean Technology, Kaiser Permanente. Redevelopment Potential with it being located within the Mission Blvd Corridor Neighborhood (MBCN) Specific Plan Area, this property offers mixed-use possibilities and potential to double the number of units under current zoning. Investors and developers will appreciate the upside potential in a rapidly growing corridor.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning MBCN
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Bitumen,Composition
Total Parking Spaces 28
Building
Lot Description Level
Water Public
Schools
School District Other
Others
Tax ID 4450150009
Special Listing Condition Standard
Listed by Matt Aragoni Coldwell Banker Realty