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21190 Garden Ave, Hayward, CA 94541

Property

21190 Garden Ave, Hayward, CA 94541 Sold August 2023 CRMLS
$4,550,000Sold August 2023

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

59,829 sqft
Lot Size
1963
Year Built
Property
Type
None
Cooling
WallFurnace
Heating

About this property

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.

Sale history

$4,550,000
Sold August 2023 · listed $4,950,000, on market May 2023 · MLS #41027996 · Source: CRMLS
Listing Agent: Ralph Watkins III · Listing Office: Watkins Real Estate · Contact: 510-278-2121 · Bought with: Jon Ahern · Coldwell Banker Realty
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