Hayward, CA 94541,341 Medford Avenue

$1,900,000

$2,000,000

5.0%
Est.Price: ?

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Est. payment /mo

4,080 SqFt


SOLD DATE : 09/24/2024

Key Details

Sold Price $1,900,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $465

MLS Listing ID CL24420249

Sold Date 09/24/24

HOA Y/N No

Year Built 1989

Lot Size 0.439 Acres

Acres 0.44

Property Sub-Type Other

Property Description

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

Location

State CA

County Alameda

Interior

Cooling None

Flooring Laminate, Tile, Carpet

Fireplace No

Exterior

Utilities Available Other Water/Sewer

View Y/N false

View None

Building

Lot Description Other, Back Yard

Water Public, Other

New Construction No

Others

Tax ID 4290014095

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Bridge MLS
Listed by Victoria Beliso • Compass
Bought with VictoriaBeliso
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