Skip to main content

Multifamily

Hilltop Apartments

24035 2nd St, Hayward, CA 94541

Listing Price: $6,150,000

Cap Rate
5.22%
Number of Units
26
Occupancy
97.0%
Price/Unit
$236,538
Price/Gross SF
$435.80
Gross SF
14,112

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Hilltop Apartments, a well-maintained property located at 24035 2nd Street in the highly sought after Hayward rental market. Sitting on a 0.71 acre lot, the 14,112 square foot property consists of (26) one bedroom/one bathroom units as well as a manager’s office. Constructed in 1959, 24035 2nd Street offers a beautiful, shaded front garden and large backyard common spaces for residents to enjoy. The building is two stories and offers 27 parking spaces. A laundry room with coin-operated machines is on site. Hilltop Apartments is conveniently located less than one mile from Hayward BART station and less than 5 minutes from California State University, East Bay. Newly constructed luxury homes on the corner recently sold from $974k-$1.021M. With close proximity to Downtown Hayward, various shopping and dining are at the fingertips of the residents at Hilltop Apartments. Highways 580, 880, and Amtrak are also a short distance from this central location, making the entire San Francisco Bay Area and Silicon Valley easily accessible.

Investment Highlights

  • Less Than 1 Mile from Hayward BART Station
  • 5 Minutes from California State University, East Bay
  • Easy Access to Highways 880 & 580
  • Close Proximity to Various Shopping/Dining in Downtown Hayward
  • Private Shaded Garden + Large Open Backyard Common Areas
  • Well-Maintained Property

Exclusively Listed By

Multifamily

Hilltop Apartments

Listing Price: $6,150,000

Cap Rate
5.22%
Number of Units
26
Occupancy
97.0%
Price/Unit
$236,538
Price/Gross SF
$435.80
Gross SF
14,112

Investment Highlights

  • Less Than 1 Mile from Hayward BART Station
  • 5 Minutes from California State University, East Bay
  • Easy Access to Highways 880 & 580
  • Close Proximity to Various Shopping/Dining in Downtown Hayward
  • Private Shaded Garden + Large Open Backyard Common Areas
  • Well-Maintained Property

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Hilltop Apartments, a well-maintained property located at 24035 2nd Street in the highly sought after Hayward rental market. Sitting on a 0.71 acre lot, the 14,112 square foot property consists of (26) one bedroom/one bathroom units as well as a manager’s office. Constructed in 1959, 24035 2nd Street offers a beautiful, shaded front garden and large backyard common spaces for residents to enjoy. The building is two stories and offers 27 parking spaces. A laundry room with coin-operated machines is on site. Hilltop Apartments is conveniently located less than one mile from Hayward BART station and less than 5 minutes from California State University, East Bay. Newly constructed luxury homes on the corner recently sold from $974k-$1.021M. With close proximity to Downtown Hayward, various shopping and dining are at the fingertips of the residents at Hilltop Apartments. Highways 580, 880, and Amtrak are also a short distance from this central location, making the entire San Francisco Bay Area and Silicon Valley easily accessible.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower