Hayward, CA 94541,341 Medford Ave
Hayward, CA 94541,341 Medford Ave
Hayward, CA 94541,341 Medford Ave
Hayward, CA 94541,341 Medford Ave
Hayward, CA 94541,341 Medford Ave
Hayward, CA 94541,341 Medford Ave
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$1,900,000

$2,000,000

5.0%
Est.Price: ?

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Est. payment /mo

6 Beds

6 Baths

4,080 SqFt


SOLD DATE : 09/24/2024

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $465

MLS Listing ID 24-420229

Sold Date 09/24/24

Bedrooms 6

Year Built 1989

Lot Size 0.439 Acres

Acres 0.4392

Property Description

Built in 1989 on a rare, expansive half-acre lot, this 6-unit townhome-style property presents a unique value-add opportunity. A private driveway leads to 3 detached buildings, each housing only 2 units per building and no adjoining walls; creates a sense of privacy rarely found in multi-unit properties. Each unit includes the living area upstairs and a private two car garage below, plus their own individual yards. All units are individually metered and include a spacious living area with fireplace, 1 bedroom, full size bath, washer/dryer hook-ups, private entry, and balcony. The kitchen comes equipped with an electric range, dishwasher, refrigerator, sink with garbage disposal, and plenty of cabinets. A bonus 7th unit (manager's office) enhances the exceptional offering. All units are currently rented on a month-to-month basis with significant upside potential approximately 28% below market value. Only Statewide Rent Control applies. Vacancy is very low due to the location and uniqueness of this property. Less than 1 mile from Hayward BART and easy access to 580, 880, and San Mateo-Hayward Bridge, makes this a commuter's dream. Located in the up and coming Cherryland neighborhood near dining, shopping, and entertainment as well as CSU East Bay, Chabot College, Mills College, and major employers of the Bay Area.

Location

State CA

County Alameda

Area Out Of Area

Interior

Heating Wall, Fireplace

Laundry In Unit

Exterior

Garage Spaces 16.0

Roof Type Clay

Building

Story 2

Water District

Structure Type Stucco, Wood Siding

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Compass

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Jeff Lemen

REALTOR® | Lic# 01314776

+1(310) 892-6005

11911 San Vicente Blvd # 200, Angeles, CA, 90049

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