$1,875,000
$1,875,000
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9,147 Sqft Lot
SOLD DATE : 09/14/2020
Key Details
Sold Price $1,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40898581
Sold Date 09/14/20
HOA Y/N No
Year Built 1962
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Built in 1962, the property is situated on a 9,200 square foot lot and has a total of six units. The two-story apartment building consists of (6) two-bedroom/one-bath units. The units have been renovated with hardwood floors, new cabinets, and appliances. An on-site laundry facility serves residents. Gas and electricity are separately metered and paid by tenants. The subject property has been well-maintained and features new exterior windows and recently renovated units. It’s easy to manage with a stable and low maintenance tenant base. Tenants enjoy access to convenient amenities including 8 off-street parking stalls and a short walk to South Hayward BART. Strategically located in the heart of the Bay area, this investment is driven by nearby employment centers including Oakland, San Jose, San Francisco, and the Peninsula. The asset is just one block away from South Hayward BART station and in proximity to single-family homes, shopping, and restaurants.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
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Bought with LOUIS KWOK • MARCUS & MILLICHAP
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CEO | DRE# SA695240000 | DRE# 02100184