NOT LISTED FOR SALE
6 Beds
3 Baths
5,322 Sq Ft
6,000 Sq Ft Lot

Sale Details

Date Sold: February 4, 2019

Last sale price $1,600,000 $301 Per Sq Ft

2 Days on Market

Highlights

  • Open Floorplan
  • Balcony
  • Laundry Facilities
  • Main Floor Bedroom
  • Living Room
  • Rectangular Lot

About This Home

As of February 2019

Trust sale. Wonderful investment property in North Hayward. Large six unit building, all 2 bedrooms, one bath, one car covered parking space, living room with sliding door to the covered balcony, kitchen opens to a separate dinning room.
The current rents are significantly below market rate due to the long tenancy.
The property is close to all amenities off Mission Blvd and freeways minutes away from all public transportation including the Hayward Bart.

Last Agent to Sell the Property

Maria Oancea

Better Homes and Gardens Real Estate Town Center License #01038393 Listed on: 10/24/2018

Better Homes and Gardens Real Estate Town Center

Last Buyer's Agent

Maria Oancea

Better Homes and Gardens Real Estate Town Center License #01038393 Listed on: 10/24/2018

Better Homes and Gardens Real Estate Town Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,000 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 5,322 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 4280031079

Community Details

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $310
  • Fuel Expense $5,054
  • Insurance Expense $2,400
  • Professional Management Expense $5,002
  • Trash Expense $2,042
  • Water Sewer Expense $5,723
  • New Taxes Expense $18,735
  • Operating Expense $20,531
  • Gross Income $105,540
  • Net Operating Income $66,274

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Professional Management Expense: 5002.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5723.00
  • Property Type: Residential Income
  • Parcel Number: 4280031079
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 300.64
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2042.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Rectangular Lot
  • Lot Size: 6000
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 887 Square Feet
  • Electric Expense: 310.00
  • Fuel Expense: 5054.00
  • Gross Income: 105540.00
  • Gross Scheduled Income: 105540.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 66274.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 39266.00
  • Rent Control: Yes
  • Total Actual Rent: 8705.00
  • Total Expenses: 20531.00

Tax Info

  • New Taxes Expense: 18735.00
  • Tax Census Tract: 4354.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
0.029%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2019
Sold by
Bought by

Purchase Details

Listed on
Oct 24, 2018
Closed on
Feb 22, 2019
Sold by
Bought by
Seller's Agent
Maria Oancea
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
Maria Oancea
Better Homes and Gardens Real Estate Town Center
List Price
$149,900
Sold Price
$1,600,000
Premium/Discount to List
$1,450,100
967.38%

Purchase Details

Closed on
Nov 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$2,400,000 Fidelity National Title Co
-- None Available
-- None Available
$1,600,000 North American Title Company
-- --
$410,000 Fidelity National Title Co
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2019 02/04/19 Sold $1,600,000 +967.4% $301 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $149,900 -- $28 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,371 $2,594,560 $649,452 $1,945,108
2024 $31,067 $2,543,696 $636,720 $1,906,976
2023 $30,594 $2,493,838 $624,240 $1,869,598
2022 $29,985 $2,444,940 $612,000 $1,832,940
2021 $20,874 $1,648,896 $618,336 $1,030,560
2020 $20,507 $1,632,000 $612,000 $1,020,000
2019 $20,565 $1,591,200 $477,360 $1,113,840
2018 $9,188 $703,621 $211,761 $491,860
2017 $8,984 $689,827 $207,610 $482,217
2016 $8,509 $676,304 $203,540 $472,764
2015 $8,347 $666,146 $200,483 $465,663
2014 $7,943 $653,098 $196,556 $456,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18257921

California Regional Multiple Listing Service (CRMLS)
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