$1,900,000
SOLD SEP 24, 2024
6 Beds
6 Baths
4,080 Sq Ft
0.44 Acres

Recently Sold

$466 Per Sq Ft

5% Below List Price

12 Days on Market

Highlights

  • 0.44 Acre Lot
  • Living Room with Fireplace
  • Balcony
  • Open Floorplan
  • End Unit
  • Galley Kitchen

About This Home

As of September 2024

Built in 1989 on a rare, expansive half-acre lot, this 6-unit townhome-style property presents a unique value-add opportunity. A private driveway leads to 3 detached buildings, each housing only 2 units per building and no adjoining walls; creates a sense of privacy rarely found in multi-unit properties. Each unit includes the living area upstairs and a private two car garage below, plus their own individual 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. A bonus 7th unit (manager's office) enhances the exceptional offering. All units are currently rented on a month-to-month basis with significant upside potential approximately 28% below market value. 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 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.

Last Agent to Sell the Property

Victoria Beliso

Compass License #01846924 Listed on: 07/26/2024

Compass

Last Buyer's Agent

Victoria Beliso

Compass License #01846924 Listed on: 07/26/2024

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.44 Acre Lot
  • Property fronts a private road
  • End Unit
  • Gated Home
  • Rectangular Lot
  • Level Lot
  • Back Yard

Parking

  • 12 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,080 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, gardener
  • Assessor Parcel Number 429-0014-095

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

12

Listing Details

  • Property Type: Residential Income
  • Style: Garden Home
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4080
  • Lot Acreage: 0.4392
  • Probate: No
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Living Room Balcony, Open Floor Plan, Detached/No Common Walls
  • Number Carpet: 7
  • Number Dishwasher: 7
  • Number Disposal: 7
  • Number Range: 7
  • Number Refrigerator: 7
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Cooktop - Electric, Oven-Electric
  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top, Galley Kitchen
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Refrigerator, Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 490.20

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Balcony, End Unit
  • Other Structures: Shed(s)
  • Foundation Details: Slab
  • Number Patio: 7
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 12
  • Other Spaces: 4
  • Covered Parking: 12
  • Garage Structures: 6
  • Parking Garage: Attached, Garage Is Attached
  • Total Parking: 16

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas
  • Number Electric Meters: 7
  • Number Gas Meters: 7
  • Number Water Meters: 7
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Gated, Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 81.35
  • Assessed Improvement Value: 786726
  • Assessed Land Percent: 18.65
  • Assessed Land Value: 180365
  • Total Assessed Value: 967091
  • Assessor Parcel Number: 429-0014-095
  • Lot Description: Back Yard, Exterior Security Lights, Yard, Street Lighting, Street Paved, Lot Shape-Rectangular, Lot-Level/Flat
  • Lot Location: Private Road
  • Lot Size Area: 19133

Rental Info

  • Number Leased: 7
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.37
  • Number Of Units: 7
  • Total Annual Expense: 32974
  • Type Of Units: Townhome
  • Vacancy Allow Percent: 1.00
  • Vacancy Rate: 0

Tax Info

  • Tax Percent: 1.57

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $1,900,000 -5.0% $466 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $2,000,000 -- $490 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-420249

The MLS