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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 3,595,000

Est. payment | -/mo

0.79 Acres Lot

Save

$ 3,595,000

Est. payment | -/mo

Save

0.79 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82049141

HOA Y/N No

Year Built 1957

Annual Tax Amount $42,723

Lot Size 0.792 Acres

Property Description

7.00% Cap Rate property on two parcels in unincorporated Hayward. 12-unit asset across two parcels consisting of nine single-story buildings delivering a low-density, residential feel that drives long-term tenant retention. Meticulously maintained and owner-managed for 30+ years. The unit mix includes (1) 3BD/2BA SFR, (3) 3BD/2BA, (2) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA, capturing demand from families to professionals. All units feature private patios, in-unit W/D hookups, individual water heaters, and separate gas and electric metering. A Livability bill-back program is in place and 37 parking spaces (14 tandem + 9 single) are included. Capital improvements include roofs replaced within the last two years, a new sewer main, newer asphalt, updated subpanels in select units, and double-pane windows throughout. Select units have been renovated with updated baths, new countertops, and marble flooring, with additional upside remaining through continued modernization. 10 of 12 units are eligible for rent increases, offering an immediate path to stronger cash flow. The rear of the site presents ADU development potential under current California legislation, providing an opportunity to expand income and asset value without acquiring new land.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RS D3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Roof Type Flat,Shingle

Total Parking Spaces 37

Building

Lot Description Paved

Schools

School District Other

Others

Tax ID 429000501502

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ray Rodriguez Compass #01999734

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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19465 Meekland AVE Hayward, CA 94541