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Listed by Jeannine Rinetti • Rinetti & Co., REALTORS
$ 3,198,000
Est. payment /mo
New
21371 Garden Ave Hayward, CA 94541
8 Beds
1 Bath
11,692 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,692 sqft
Price per Sqft $273
MLS Listing ID BE41121377
Bedrooms 8
Year Built 1964
Lot Size 0.727 Acres
Property Sub-Type Five or More Units
Source Bay East
Property Description
13 UNIT APPARTMENT with Excellent Investment Opportunity! This property features a well-maintained 13-unit apartment building with 12 units currently occupied, offering immediate and consistent cash flow. Twelve spacious units feature 2-bedroom, 1.5-bath layouts, each designed with back patios and a balcony off the bedroom, highly desirable amenities that support strong tenant demand and retention. One additional unit is a studio. The property includes a large grassy common area, a convenient on-site laundry facility, and ample on-site parking for residents. The front exterior has been recently painted with new siding and stained shingles, enhancing curb appeal. Several units have been updated, creating a clear added value. The property has an oversized expansive lot with room for many opportunities plus convenient freeway access, strong East Bay rental demand, and proven income performance. Investors can capitalize on monthly rental income potential of over $27,000 per month, rent optimization, and full stabilization to increase long-term returns. With a solid unit mix, strong occupancy, and upside potential, this property presents an attractive opportunity for investors seeking stable income today with growth potential tomorrow.
Location
State CA
County Alameda
Area San Lorenzo
Interior
Heating Wall Furnace
Cooling None
Flooring Other, Tile, Vinyl, Carpet - Wall to Wall
Laundry Washer, Dryer
Exterior
Exterior Feature Other, Stone, Stucco
Parking Features Parking Area
Garage Spaces 13.0
Roof Type Other
Building
Lot Description Other
Sewer Sewer - Public
Others
Tax ID 432-16-21-1
Special Listing Condition New, Not Applicable
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