24598 Sybil Avenue, Hayward, CA 94542

$3,750,000
9,800
SqFt

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Listing courtesy of Matt Aragoni from Coldwell Banker Realty. 650-483-8949

List Price
$3,750,000
Status
ACTIVE
Days on Market
233
Price Change
▼ $245,000 1787118665
MLS#
ML82037930
Subtype
Commercial Sale
Year Built
1961
Living Area
9,800
Lot Size
33,100
Acres
0.76
Subdivision
Ca
Neighborhood
Ca

Property Description

Prime Investment Opportunity, 14-Unit Apartment Complex Near Cal State East Bay, in the heart of downtown Hayward. The property highlights include, 14 Total Units, all 2 Bed / 1 Bath, ideal for long-term tenants and student housing, all Separately Metered for Electric & Gas. On site two coin-operated laundry facilities, plentiful on-site parking, shared backyard amenities with a courtyard & BBQ area. The buildings' exteriors were recently painted. Convenient location, just 1 mile from Cal State University East Bay, 1 mile to Downtown Hayward, easy access to shopping, dining, parks, BART Station, and public transit. Close to Hwy 92, I-880, I-580, San Mateo Bridge, and Dumbarton Bridge. Employment and economic drivers nearby include Cal State University East Bay, Hayward Unified School District, Chabot College, St. Rose Hospital, Alameda County, Illumina, Impax Laboratories, Pentagon Technologies, Plastikon Industries, Ultra Clean Technology, Kaiser Permanente. Redevelopment Potential with it being located within the Mission Blvd Corridor Neighborhood (MBCN) Specific Plan Area, this property offers mixed-use possibilities and potential to double the number of units under current zoning. Investors and developers will appreciate the upside potential in a rapidly growing corridor.

Additional Information

Flooring
Laminate
Appliances
Refrigerator
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition Shingles
Parking Features
Parking Lot

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