1356 Valley St Active Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94541
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,769 sqft
Price per Sqft $382
MLS Listing ID BE41077416
Bedrooms 9
Originating Board Bay East
Year Built 1958
Lot Size 10,222 Sqft
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
Area Other Area
Interior
Heating Wall Furnace
Cooling Other
Flooring Vinyl,Carpet - Wall to Wall,Hardwood
Laundry In Laundry Room
Exterior
Exterior Feature Stucco,Brick Veneer
Garage Attached Garage,Off-Street Parking
Garage Spaces 8.0
View Other
Roof Type Tar and Gravel,Composition
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public,Heater - Gas
Others
Tax ID 427-26-8
Special Listing Condition Not Applicable