$4,550,000
$4,950,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
21190 Garden Ave Hayward, CA 94541
1.36 Acres Lot
Key Details
Sold Price $4,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cherryland
MLS Listing ID 41027996
Sold Date 08/18/23
HOA Y/N No
Year Built 1963
Lot Size 1.360 Acres
Property Description
WOW! Excellent Investment Opportunity! Rarely available with a fantastic layout and unit mix! 2-SF Homes (3 bed / 1.5 bath and a 2 bed / 1 bath) / 1-Duplex (3 bed / 1 bath and 2 bed / 1 bath With garage) / 1- unit above garages (2 bed / 1 bath) / 5 cottage units (ALL 2 bed / 1 bath With garage and covered parking) / 8 townhouse units (ALL 2 bed / 1.5 bath with garage). 18 units total on a 59,829 sq ft. / 1.37 Acre!! Huge upside potential. Raise rents through attrition and updating of units. Institute a RUBS program. Bring this current 5% cap property to 7.95% or more!!! Excellent central location in Hayward (known as 'The Heart of the Bay'). Unincorporated Alameda County. Minutes to 880, 92, 580, BART, shopping and dining!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Shingle,Tile
Total Parking Spaces 25
Building
Lot Description Street Level
Others
Tax ID 43212113
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Bought with Jon Ahern • Coldwell Banker Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442