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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,439,900

Est. payment -/mo

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1356 Valley St Hayward, CA 94541

10,223 Sqft Lot

UPDATED:

10/25/2024 12:29 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41077416

HOA Y/N No

Year Built 1958

Lot Size 10,223 Sqft

Acres 0.2347

Property Description

Large 4 unit property (Triplex plus a house) in the heart of Hayward, located close to freeways and BART and close to Castro Valley! Building #1 is 1356 Valley St. which is a Triplex. Unit 1356 is an upstairs apartment built over the 3 garages and is a 2 bedroom, 1 bath unit. Unit 1358 is a ground floor apartment and is a 2 bedroom, 1 bath unit. Unit 1360 is a ground floor apartment and is a 2 bedroom, 1 bath unit. Building # 2 is 1369 "C" Street which is a Queen Anne Victorian detached home consisting of 3 bedrooms and 1.5 baths. All rents are month to month, all four units have separate gas, electric and water meters. The triplex has a separate laundry room and a garage space for each of the three units. At $382 per SF, this property is the lowest $ per SF building of any true Residential Income Property currently listed in Hayward-Castro Valley-San Leandro-San Lorenzo. Current cap rate 4.47%. Proforma cap rate 7.76%. Current GRM 16.42. Proforma GRM 10.65.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling See Remarks

Flooring Carpet, Vinyl, Wood

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Garage, On Street

Roof Type Shingle,Tar/Gravel

Parking Type Garage, On Street

Total Parking Spaces 8

Building

Lot Description Back Yard, Front Yard, Street Level, Yard

Sewer Public Sewer

Others

Tax ID 427268

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Listed by Bob Frey • RE/MAX Accord

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

1356 Valley St Hayward, CA 94541

Key Details

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1356 Valley St