Skip to main content

Multifamily

21788, 21800, 21812 & 21824 Thelma St

21788 Thelma St, Hayward, CA 94541

Listing Price: $7,290,000

Cap Rate
5.47%
Number of Units
27
Price/Unit
$270,000
Price/Gross SF
$305.78
Gross SF
23,841

Investment Overview

21788, 21800, 21812 & 21824 Thelma St Thelma St is a stunning portfolio consisting of 27-units located in the thriving city of Hayward, California. Situated on four parcels of land totaling 29,419 square feet, the subject properties were originally constructed in 1964/1965 and have a combined gross building area of approximately 23,841 square feet, offering tenants and residents beautifully designed three bedroom, two-bedroom and one-bedroom floor plans. 21788, 21800, 21812 & 21824 Thelma St are on their own individual parcels of land, allowing for prospective buyers to have the flexibility for their exit strategy, such as individually parceled fourplex sales. With many factors influencing strong demand for the East Bay, 21788, 21800, 21812 & 21824 Thelma St is a well-positioned asset set to benefit from its centralized location. With convenient access to transportation corridors such as Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and two BART stations, the subject property continues to fulfill some of the most important resident demands such as the ease of access to CSU East Bay, shops, restaurants, and entertainment options. In addition, the subject properties offer close proximity to many of the nation's top employers which include Tesla, PG&E, Chevron, Kaiser, Sutter Health, John Muir Health, as well as many others. The subject properties are also located within close proximity to California State University, East Bay (3.4 mi). The strong positioning of 21788, 21800, 21812 & 21824 Thelma St presents investors the option to pivot and attract a diverse range of residents driven towards the overall value that Hayward provides. The investment appeal of this asset is driven by Hayward’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 21788, 21800, 21812 & 21824 Thelma St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Exceptional East Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional investment opportunity in Hayward, CA.
  • Desirable Unit Mix - 21788, 21800, 21812 & 21824 Thelma St offers tenants and residents beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans.
  • Individually Parceled Properties Allowing for a Strategic Exit Strategy - The subject properties give prospective investors the flexibility for a strategic exit strategy.
  • Strong Employment Base - Many of the nation's top employers including Tesla, Lucid Motors, Logitech, Facebook, PG&E, Chevron, Kaiser, Sutter Health, John Muir Health, Risk Management Solutions, and many others are located within close proximity to the subject property.
  • Excellent Transportation Corridors - The subject properties offer tenants and residents convenient access to California State Route 238, Interstate 580, Interstate 880, and the San Mateo - Hayward Bridge, Hayward BART Station, the South Hayward Station, and many others.

Exclusively Listed By

Multifamily

21788, 21800, 21812 & 21824 Thelma St

Listing Price: $7,290,000

Cap Rate
5.47%
Number of Units
27
Price/Unit
$270,000
Price/Gross SF
$305.78
Gross SF
23,841

Investment Highlights

  • Exceptional East Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional investment opportunity in Hayward, CA.
  • Desirable Unit Mix - 21788, 21800, 21812 & 21824 Thelma St offers tenants and residents beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans.
  • Individually Parceled Properties Allowing for a Strategic Exit Strategy - The subject properties give prospective investors the flexibility for a strategic exit strategy.
  • Strong Employment Base - Many of the nation's top employers including Tesla, Lucid Motors, Logitech, Facebook, PG&E, Chevron, Kaiser, Sutter Health, John Muir Health, Risk Management Solutions, and many others are located within close proximity to the subject property.
  • Excellent Transportation Corridors - The subject properties offer tenants and residents convenient access to California State Route 238, Interstate 580, Interstate 880, and the San Mateo - Hayward Bridge, Hayward BART Station, the South Hayward Station, and many others.

Investment Overview

21788, 21800, 21812 & 21824 Thelma St Thelma St is a stunning portfolio consisting of 27-units located in the thriving city of Hayward, California. Situated on four parcels of land totaling 29,419 square feet, the subject properties were originally constructed in 1964/1965 and have a combined gross building area of approximately 23,841 square feet, offering tenants and residents beautifully designed three bedroom, two-bedroom and one-bedroom floor plans. 21788, 21800, 21812 & 21824 Thelma St are on their own individual parcels of land, allowing for prospective buyers to have the flexibility for their exit strategy, such as individually parceled fourplex sales. With many factors influencing strong demand for the East Bay, 21788, 21800, 21812 & 21824 Thelma St is a well-positioned asset set to benefit from its centralized location. With convenient access to transportation corridors such as Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and two BART stations, the subject property continues to fulfill some of the most important resident demands such as the ease of access to CSU East Bay, shops, restaurants, and entertainment options. In addition, the subject properties offer close proximity to many of the nation's top employers which include Tesla, PG&E, Chevron, Kaiser, Sutter Health, John Muir Health, as well as many others. The subject properties are also located within close proximity to California State University, East Bay (3.4 mi). The strong positioning of 21788, 21800, 21812 & 21824 Thelma St presents investors the option to pivot and attract a diverse range of residents driven towards the overall value that Hayward provides. The investment appeal of this asset is driven by Hayward’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 21788, 21800, 21812 & 21824 Thelma St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower