Hayward, CA 94541,21806 Meekland Ave
Hayward, CA 94541,21806 Meekland Ave
Hayward, CA 94541,21806 Meekland Ave
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$2,800,000
Est. payment /mo
10,017 SqFt
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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,017 sqft

Price per Sqft $279

Subdivision Cherryland Dist.

MLS Listing ID 41106923

HOA Y/N No

Year Built 1940

Lot Size 0.565 Acres

Acres 0.57

Property Sub-Type 5 or More Units

Property Description

Excellent investment in Hayward's coveted ‘Cherryland District'. Known for its central location and ease of access. Hayward is Dubbed the ‘Heart of the Bay Area'. The Property is in an Unincorporated Area of Hayward, Alameda County. The property generates an in place, stabilized 5.03% Cap Rate and provides Excellent upside potential with a Proforma Cap Rate approaching 7%!! The property offers investor's a prime multi-family unit mix. Ideally situated with a 3 bed/1 bath SFH located at the front of the property and directly in the rear there are 13 uniform 2 bed/1 bath units. The front Single Family Home is equipped with garage and laundry. Additional, allocated parking for rear units is plentiful and off-street. Tenants enjoy a central location with easy access to multiple freeways and sources of public transportation and less than 2 miles to Hayward BART and the vibrant Downtown Hayward!

Location

State CA

County Alameda

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Flooring Linoleum, Partial Carpeting

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Court, Level

New Construction No

Others

Tax ID 4296433


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Bridge MLS
Listed by Ralph Watkins III • Watkins Real Estate

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21806 Meekland Ave