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$3,750,000

FOR SALEActive

24598 Sybil Avenue

Hayward CA 94542

9,800

SF

Commercial

Type

1961

Built

$383/SF

Cost/SF

241 days on marketNalren refreshed

Listing Agent

Matt Aragoni

Listing Agent

DRE #: 01978236

(650) 726-1100

Brokerage: Coldwell Banker Realty

Cameron Jeffs

DRE #: 01446257

Brokerage: Coldwell Banker Realty

Location Analysis

MapProperty Location

About This Property

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.

Property Information

Property Overview

Commercial

Property Type

Active

Status

MBCN

Zoning

0.7599 acres

Lot Size

14

Total Units

9,800 SF

Square Footage

$382.65/SF

Price per SF

$48,921

Annual Tax

1,961

Year Built

28

Parking Total

2.86

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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