NOT LISTED FOR SALE

Estimated Value: $1,106,000 - $1,459,000

8 Beds
4 Baths
21,840 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $5,400,000 $247 Per Sq Ft

Current estimated payment $7,979/month

65 Days on Market

Highlights

  • 2.01 Acre Lot
  • Garden
  • Wood Siding
  • No HOA
  • Rectangular Lot
  • Carpet

About This Home

As of August 2021

Fohl Realty & Investments is proud to present this fantastic 28 unit investment comprised of all 2 bedroom, 1 bath, 780 square feet each. Owners have recently spent over $80,000 on cement work, roofing, and dry standpipe. This property is located in the "Heart of The Bay", just minutes from major freeways (I-880/92/580), Shopping Mall, Transportation/BART, Chabot College/CSUB, and downtown Hayward which is in the middle of a revitalization complete with restaurants, shops, & movie theater! Units can use some updating but this property has great long term potential! Do not disturb tenants!

Last Agent to Sell the Property

Brenda Hernandez

License #01311626 Listed on: 04/19/2021

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,894

Year Built

  • Built in 1962

Lot Details

  • 2.01 Acre Lot
  • Rectangular Lot
  • Garden

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace

Additional Features

  • Free-Standing Range
  • No Washer or Dryer Hookups

Community Details

  • No Home Owners Association
  • 21,840 Sq Ft Building
  • Bay East Association
  • Winton Grove Subdivision

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,894

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Apt Complex
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 2.01
  • Subdivision Name: WINTON GROVE
  • Directions: Hesperian to Marin Avenue
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Vinyl, Carpet
  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator
  • Fireplace: No

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Regular
  • View: None
  • View: No
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Heating: Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Laundry Features: No Hookups
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 90922
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 436900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 3, 2021
Sold by
Nicol Stephen E and Estate Of David T Mcpeake
Bought by
K & K Apartment Inc
Seller's Agent
Brenda Hernandez
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$5,499,999
Sold Price
$5,400,000
Premium/Discount to List
-$99,999
-1.82%
Current Estimated Value
$1,276,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,123,667
Avg. Annual Appreciation
-30.21%
Original Mortgage
$3,200,000
Outstanding Balance
$2,926,495
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$1,650,162
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
K & K Apartment Inc $5,400,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & K Apartment Inc $1,000,000
Closed K & K Apartment Inc $539,431
Open K & K Apartment Inc $3,200,000
Previous Owner Mcpeake David T $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $5,400,000 -- --
08/10/2021 08/10/21 Sold $5,400,000 -1.8% $247 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $5,499,999 0.0% $252 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $5,499,999 -- $252 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,894 $819,346 $297,136 $519,988
2024 $11,894 $803,128 $291,312 $509,796
2023 $11,519 $785,400 $285,600 $499,800
2022 $11,222 $772,222 $280,000 $490,000
2021 $7,061 $418,600 $99,978 $318,622
2020 $8,754 $414,309 $98,953 $315,356
2019 $6,779 $406,187 $97,013 $309,174
2018 $6,373 $398,223 $95,111 $303,112
2017 $6,186 $390,415 $93,246 $297,169
2016 $5,830 $382,761 $91,418 $291,343
2015 $5,679 $377,013 $90,045 $286,968
2014 $5,426 $369,630 $88,282 $281,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40946209

Bay East Association of REALTORS®

APN: 432-0044-029-01