Property Description

The 36-unit building offers a highly desirable and rare unit mix of all three bedroom and two bath units. Built in 1964, the property is composed of eight buildings on a 82,328 square foot lot with 38,941 square feet of living space. The exteriors are composed of wood and stucco siding, flat tar & gravel roofs, and concrete perimeter foundations. The spacious 1,083 square foot units consist of tile and hardwood flooring, master bedroom has attached bath, linoleum baths and kitchens, basic appliances, wall furnaces and bottom floor patios and top floor balconies. The property further offers gated, secured parking with motion sensor lighting. Tenancy includes two parking spaces per unit, and additional spaces are offered for $30 monthly. Investors will benefit from an additional $10,800 annually in parking fees. Additionally, the property boasts individually metered gas to offset expensesand coin-op laundry facilities to increase income.

Location Description

Well located in close proximity to the Bay Areas major employment hubs via highways 880, 580 and 280. Hayward is known as the Heart of the Bay because of its