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Listed by Jon Holmquist • Marcus & Millichap
$ 3,800,000
Est. payment | /mo
9,877 SqFt
$ 3,800,000
Est. payment | /mo
9,877 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,877 sqft
Price per Sqft $384
MLS Listing ID 41090501
HOA Y/N No
Year Built 1957
Lot Size 0.790 Acres
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
This offering at 19465-19477 Meekland Avenue, in unincorporated Hayward, CA is a twelve-unit apartment complex (per county records) on two parcels in an area that is experiencing dramatic rent growth. The current owners have owned the property for several decades and have meticulously maintained and cared for the asset, such that both the property exterior, and unit interiors are in excellent shape. The first parcel at 19465 Meekland was constructed circa 1957 and the second parcel at 19477 was constructed circa 1961– both of wood frame with stucco siding, with pitched composite roofs. The properties benefit from a new sewer main, newer roofs on most buildings, and double-paned windows for most units. The property sits on two spacious parcel with a total of 0.79 acres (per county records) and is currently operated as eleven units plus a bonus office (shows as twelve-units total per county records). The property contains ample parking with fourteen tandem parking spaces and nine single parking spaces. The complex unit layouts consist of a mix of three-bedroom two-bath, three-bedroom one-bath, two-bedroom two-bath, two-bedroom one-bath, and a single freestanding one-bedroom one-bath unit. All units single-story and the majority feature washer/dryer hookups in patios.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling Other
Flooring Laminate, Tile
Fireplace No
Building
Lot Description Level
Water Public
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