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Travis Breton

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

$ 10,912,000

Est. payment | -/mo

1.4 Acres Lot

Save

$ 10,912,000

Est. payment | -/mo

Save

1.4 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82061756

HOA Y/N No

Year Built 1960

Annual Tax Amount $145,806

Lot Size 1.400 Acres

Property Description

OVER $1 MILLION PRICE REDUCTION! HIGH-QUALITY BUILDING w/ SOLID INCOME & MINIMAL HEADACHES. HIGH-OCCUPANCY. Rarely Available 44 Quality Units in Desirable Jackson Triangle. Peaceful Setting: Amongst Single Family Homes. Quiet Street, Minimal Thoroughfare Traffic. CAP Rate: In-Place 6.75% / Pro-Forma: 8.00%. GRM: In-Place: 9.85 / Pro-Forma: 8.54. Cost/Unit: $248,000/Unit. Cost/SF: $352/SF. Pride-of-Ownership Property. Excellent Curb Appeal. Fully Secured Building. Gated-Community. Park-Like Setting / Secured Perimeter. Unit Mix: (26) Spacious 1 Bedroom/1 Bath (ÃÂ±663 SF) Units. (18) Spacious 2 Bedroom/1 Bath (ÃÂ±765 SF) Units. Secured Center Courtyard w/ Numerous Tenant Amenities. Durable Rents w/ Upside: Low Historic Vacancy. Low Tenant Turnover. Solid Cashflow. Reposition Ideas: Add Dishwashers, Recessed Lighting, Flooring Upgrades. Capital Improvements: Dual-Pane Windows, Water Heaters, Landscape Lighting, Exterior Painting, Etc. Excellent Connectivity & Access to Major Employers: Public Transit: 1.8 Miles From the Hayward BART Station (9-Minute Bike Ride / 12 Minutes by Bus). Commute: Easy Access to Major Freeways (Highways 92, 880, and 84). Major Employers: Short Commute to Major Employers. East Bay: Tesla, Kaiser, UC Berkley, etc. Peninsula: Visa, Meta, Google, and More

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RH (High-Density Resident

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 44

Roof Type Composition

Total Parking Spaces 44

Building

Water Public

Schools

School District Other

Others

Tax ID 444005405002

Security Features Security Lights

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Don Sung Colliers Parrish International, Inc. #01935797

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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550 Berry AVE Hayward, CA 94544