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Property Description

Built in 1989 on a rare, expansive half-acre lot, this 6-unit townhome-style property presents a unique value-add opportunity. A private driveway leads to 3 detached buildings, each housing only 2 units per building and no adjoining walls; creates a sense of privacy rarely found in multi-unit properties. Each unit includes the living area upstairs and a private two car garage below, plus their own individual yards. All units are individually metered and include a spacious living area with fireplace, 1 bedroom, full size bath, washer/dryer hook-ups, private entry, and balcony. The kitchen comes equipped with an electric range, dishwasher, refrigerator, sink with garbage disposal, and plenty of cabinets. A bonus 7th unit (manager’s office) enhances the exceptional offering. All units are currently rented on a month-to-month basis with significant upside potential approximately 28% below market value. Only Statewide Rent Control applies. Vacancy is very low due to the location and uniqueness of this property. Less than 1 mile from Hayward BART and easy access to 580, 880, and San Mateo-Hayward Bridge, makes this a commuter’s dream. Located in the up and coming Cherryland neighborhood near dining, shopping, and entertainment as well as CSU East Bay, Chabot College, Mills College, and major employers of the Bay Area.

Features
: Fireplace(s), Wall Furnace
2
2
Additional Information
Compass
0
CLW-C115862
CLW-X8146117
Victoria
4290014095
: Standard

Commercial Sale For Sale

341 Medford Avenue, Hayward, California 94541

4,080 Sqft
$2,000,000
Listing ID #24420229
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24420229
Price : $2,000,000
Living Area : 4,080 Sqft
Year Built : 1989
Country : US
State : California
County : Alameda
City : Hayward
Zipcode : 94541
Price Per Square Foot : $490
ModificationTimestamp : 2024-07-27 11:52:06
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