ResidentialIncome — 21806 Meekland Ave, Hayward, CA

About this property

Back On Market. No Fault of Seller. Excellent investment in Hayward’s coveted ‘Cherryland District’! Known for its central location and ease of access, Hayward is Dubbed the ‘Heart of the Bay Area’. The Property is in an Unincorporated Area of Hayward, Alameda County. The property generates an in place, stabilized 5.66% Cap Rate and provides Excellent upside potential with a Proforma Cap Rate Over 8%!! The property offers investor’s a prime multi-family unit mix. Ideally situated with a 3 bed/1 bath SFH located at the front of the property and directly in the rear there are 13 uniform 2 bed/1 bath units. The front Single Family Home is equipped with garage and laundry. Additional, allocated parking for rear units is plentiful and off-street. Tenants enjoy a central location with easy access to multiple freeways and sources of public transportation and less than 2 miles to Hayward BART and the vibrant Downtown Hayward!

Property details

Location

21806 Meekland Ave • Hayward, CA 94541

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Listed by

Ralph Watkins III · Watkins Real Estate