Property
Listing Agent: Ralph Watkins III (DRE #00977204) · Listing Office: Watkins Real Estate · Contact: 510-278-2121 · Bought with: Jon Ahern · Coldwell Banker Realty · MLS #41027996 · Source: CRMLS
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!
Listing description from the August 2023 sale, as reported to CRMLS.