About This Home
This 3-bedroom, 5-bathroom commercial at 1064 E Street in Hayward, CA is listed for $4,750,000 ($255 per sqft). Built in 1965, the home offers 18,650 sqft of living space on a 0.50 acres lot.
Key Features
- Built in 1965
- 0.50 acre lot
Property Details
Casa Bret Harte presents an attractive 17-unit multifamily investment opportunity in Hayward. The property features fifteen spacious 2-bedroom/1.5-bath units and two 1-bedroom/1-bath units, private decks, 24 on-site parking spaces, an elevator, and a coin-operated laundry facility.
Significant capital improvements have been completed recently, enhancing the property and reducing near-term capital needs. Currently 15 units are occupied, with two vacant units offering immediate leasing potential. Approximately 18,650 square feet of building area, together with meaningful rental upside, provides an opportunity to increase income while acquiring a substantial East Bay apartment asset.
5.81% Cap rate/11.75 GRM on current rents, over 8% cap rate/9.29 GRM on market rents. Rent roll, profit and loss, and other financials in disclosure link.
Monthly Cost Estimate
$25,404/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1064 E Street
Hayward, CA 94541
Features & Amenities
Interior Features
Property Details
Flooring
Parking
Heating
Questions & Answers
This 3-bedroom, 5-bathroom commercial at 1064 E Street is listed at $4,750,000 ($255/sqft). The estimated monthly payment is $25,404 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1965, 0.50 acre lot. Interior Features: Elevator.
This property is listed by Joseph Silva and can be reached at 5109090007.