Multifamily

Casa de Sol

22307 S Garden Ave, Hayward, CA 94541

Listing Price: $2,300,000

Cap Rate
6.02%
Number of Units
8
GRM
11.50
Occupancy
96.75%
Price/Unit
$287,500
Price/Gross SF
$418.18
Gross SF
5,500

Investment Overview

Casa de Sol is an eight unit multifamily property situated on 0.55 acres on South Garden Avenue in Hayward, California. The property consists of eight units (three one-bedroom, three two-bedroom and two three-bedroom). The property was built in 1938 and has been upgraded with new interiors.

Casa de Sol is located in Hayward, accurately nicknamed The Heart of Bay for its central location and ideal access to all parts of the San Francisco Bay Area. Hayward residents have access to all regional employment, entertainment centers and major universities via multiple modes of transportation.

Tenants can reach the San Mateo Bridge (Highway 92) within minutes, connecting them to the top employers of Silicon Valley. Tenants are within walking distance to the Hayward Amtrak station and the Capital Corridor line, connecting them to Downtown San Jose and Sacramento. Just over one mile from the property is the Hayward BART station and the newly revitalized Downtown City of Hayward.

Investment Highlights

  • Diverse unit mix consisting of one, two and three bedroom units
  • Walk Score of 90 (Walker's Paradise)
  • 7.5 Percent Day One Cash on Cash
  • Four Storage Lockers (Three are Vacant for Added Potential Revenue)

Exclusively Listed By

Listing Price: $2,300,000

Cap Rate
6.02%
Number of Units
8
GRM
11.50
Occupancy
96.75%
Price/Unit
$287,500
Price/Gross SF
$418.18
Gross SF
5,500

Investment Highlights

  • Diverse unit mix consisting of one, two and three bedroom units
  • Walk Score of 90 (Walker's Paradise)
  • 7.5 Percent Day One Cash on Cash
  • Four Storage Lockers (Three are Vacant for Added Potential Revenue)

Investment Overview

Casa de Sol is an eight unit multifamily property situated on 0.55 acres on South Garden Avenue in Hayward, California. The property consists of eight units (three one-bedroom, three two-bedroom and two three-bedroom). The property was built in 1938 and has been upgraded with new interiors.

Casa de Sol is located in Hayward, accurately nicknamed The Heart of Bay for its central location and ideal access to all parts of the San Francisco Bay Area. Hayward residents have access to all regional employment, entertainment centers and major universities via multiple modes of transportation.

Tenants can reach the San Mateo Bridge (Highway 92) within minutes, connecting them to the top employers of Silicon Valley. Tenants are within walking distance to the Hayward Amtrak station and the Capital Corridor line, connecting them to Downtown San Jose and Sacramento. Just over one mile from the property is the Hayward BART station and the newly revitalized Downtown City of Hayward.

Exclusively Listed By

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