Hayward, CA 94541,22032 Arbor Avenue
Hayward, CA 94541,22032 Arbor Avenue
Hayward, CA 94541,22032 Arbor Avenue
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$5,850,000
Est. payment /mo
15,990 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 15,990 sqft

Price per Sqft $365

MLS Listing ID ML82025796

HOA Y/N No

Year Built 1965

Lot Size 0.924 Acres

Acres 0.92

Property Sub-Type Other

Property Description

Comprising 18 spacious units, a balanced mix of (6) three-bedroom townhomes, (6) two-bedroom townhomes, and (6) two-bedroom flatsthis property captures a wide tenant base seeking quality housing in a thriving community. The flat units each offer private outdoor space, while the townhouse units feature private garages, decks, and backyards providing the kind of livability todays renters crave. 22032 Arbor Avenue sits on a generous 40,250-square-foot lot, offering nearly 16,000 square feet of living area. Each unit is separately metered for gas and electricity, and the property is fully SB721 compliant, exempt from Haywards New Tenant Relocation Ordinance, and RUBS-ready for streamlined utility billing. Investors can also tap into additional upside through garage conversions (SB1211), potential condo conversion, or even ADU development across approximately 24,260 square feet of open space subject to approval. With a projected 12% rental upside, this asset delivers both immediate and long-term performance potential. Add in coin-operated laundry income, low-maintenance construction, and a prime location surrounded by major employers like Tesla, Costco, Walmart, and Kaiser Permanente, and you have an investment positioned for strength and sustainability in any market cycle.

Location

State CA

County Alameda

Zoning N/Av

Interior

Heating Wall Furnace

Cooling Other

Fireplace No

Exterior

Handicap Access Other

Building

Sewer Private Sewer

New Construction No

Others

Tax ID 4290077030


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Bridge MLS
Listed by Tony Zizzo • Compass

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22032 Arbor Avenue