Hayward, CA 94541,21190 Garden Ave

$4,550,000

Est. payment /mo

$4,950,000

8.1%
Est.Price: ?

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21190 Garden Ave Hayward, CA 94541

18,092 SqFt

SOLD DATE : 08/18/2023

Key Details

Sold Price $4,550,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 18,092 sqft

Price per Sqft $251

Subdivision Cherryland

MLS Listing ID 41027996

Sold Date 08/18/23

HOA Y/N No

Year Built 1963

Lot Size 1.373 Acres

Acres 1.36

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

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Linoleum, Partial Carpeting, Tile, Vinyl, Carpet

Fireplace No

Appliance Free-Standing Range, Refrigerator, Gas Water Heater

Exterior

Utilities Available All Public Utilities, Cable Available, Natural Gas Connected, Individual Electric Meter

Total Parking Spaces 40

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 43212113

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Bridge MLS
Listed by Ralph Watkins III • Watkins Real Estate
Bought with JonAhern
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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