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341 Medford Avenue

Hayward, CA 94541
  • $2,700,000
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 23282933
$2,700,000
  • 6
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,080
    SQFT
  • $662
    $/SQFT
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Victoria Beliso of Compass (323-593-6999)


Description

Built in 1989, this 6 unit townhome-style property is truly unique as there's a private driveway leading to 3 detached buildings on an expansive near half acre lot. With only 2 units per building and no adjoining walls, this property offers a true sense of privacy. Each unit includes the living area upstairs and a private two car garage below, plus their own 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. Plus, there's a bonus 7th unit (manager's office). All units are currently rented well below market value on a month-to-month basis making this the perfect value add opportunity for an investor. Not to mention, 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 is 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143900302
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341 Medford Avenue Hayward, CA 94541

  • Price: $2,700,000
  • Status: Active
  • On Site: 65 Days
  • ID#: 23282933
6
Beds
0
Baths
0
½ Baths
0.44
Acres
4,080
SQFT
$662
$/SQFT
1989
Built
County:
Alameda
Property Description
Built in 1989, this 6 unit townhome-style property is truly unique as there's a private driveway leading to 3 detached buildings on an expansive near half acre lot. With only 2 units per building and no adjoining walls, this property offers a true sense of privacy. Each unit includes the living area upstairs and a private two car garage below, plus their own 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. Plus, there's a bonus 7th unit (manager's office). All units are currently rented well below market value on a month-to-month basis making this the perfect value add opportunity for an investor. Not to mention, 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 is 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.
Exterior Features

Attached Garage YN Yes Construction Materials StuccoWood Siding Foundation Details Slab Number Of Separate Electric Meters 6 Parking Features Door-MultiGaragePrivate Parking Total 12 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DishwasherElectric CooktopDisposalRangeRefrigerator Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Interior Features BalconyOpen Floorplan

Property Features

Association YN No Cap Rate 4.32 Community Features Gated Disclosures Familial Relation Garage YN Yes Gross Income 146580 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 116519 New Construction YN No Number Of Separate Gas Meters 6 Number Of Units Leased 6 Possession Close Plus 3 Days Security Features Carbon Monoxide Detector(s)Gated CommunitySmoke Detector(s) Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Vacancy Allowance Rate 0



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Victoria Beliso of Compass (323-593-6999)