1064 E Street
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1965
- Lot size
- 21,750 sq ft
- Parking
- 24 spaces
- Days on market
- 0
- MLS status
- Active
Community, Schools & Utilities
Community
- Subdivision
- HAYWARD
- Annual property tax
- $57,647
Utilities
- Heating
- Electric
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 1064 E Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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