1356 Valley St Pending Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94541
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41077416
HOA Y/N No
Year Built 1958
Lot Size 10,223 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
Interior
Heating Wall Furnace
Cooling See Remarks
Flooring Carpet,Vinyl,Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage,On Street
Roof Type Shingle,Tar/Gravel
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