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$ 4,750,000
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New
1064 E Street Hayward, CA 94541
0.5 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Hayward
MLS Listing ID 41142913
HOA Y/N No
Year Built 1965
Annual Tax Amount $57,647
Lot Size 0.499 Acres
Property Description
Casa Bret Harte presents an attractive 17-unit multifamily investment opportunity in Hayward. The property features fifteen spacious 2-bedroom/1.5-bath units and two 1-bedroom/1-bath units, private decks, 24 on-site parking spaces, an elevator, and a coin-operated laundry facility. Significant capital improvements have been completed recently, enhancing the property and reducing near-term capital needs. Currently 15 units are occupied, with two vacant units offering immediate leasing potential. Approximately 18,650 square feet of building area, together with meaningful rental upside, provides an opportunity to increase income while acquiring a substantial East Bay apartment asset. 5.81% Cap rate/11.75 GRM on current rents, over 8% cap rate/9.29 GRM on market rents. Rent roll, profit and loss, and other financials in disclosure link.
Location
State CA
County Alameda
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Total Parking Spaces 24
Others
Tax ID 427138
Listed by Joseph Silva Alliance Bay Realty #02046259