Skip to main content

Multifamily

230 Smalley Ave

230 Smalley Ave, Hayward, CA 94541

Listing Price: $3,400,000

Cap Rate
4.84%
Number of Units
10
Occupancy
97.0%
Price/Unit
$340,000

Investment Overview

Marcus & Millichap is pleased to present 230 Smalley Ave which is a 10 unit apartment less than one mile from downtown Hayward, and a rare opportunity in a sought after rental location. 230 Smalley Ave sits on .51 of an Acre and has 5,762 square feet of livable space. The property consists of seven (7) one-bedroom/one/bathroom units, one(1) studio, and two(2) brand new two-bedroom/one-bathroom ADU's. 7 of the units have private garages. There is parking available on site as well, with potential to make parking 1:1. 230 Smalley Ave is less than 10 minutes from California State University, East Bay and freeways 580/880.It is also conveniently located less than one mile from Hayward BART station. This location helps make access to the entire San Francisco Bay Area and Silicon Valley extremely easy. Hayward is the sixth largest city in the Bay Area and the third largest in Alameda County, and has expanded its population by almost 10% in the last 10years. It has a population of 158,000 residents which are also extremely diverse, and the average household income is $106,005. Cal State East Bay which has 15k+ students and is known as a commuter school. Hayward is also adding its fair share of biotech companies. Companies such as Gilead Sciences, Genentech, and Illumina which all have thousands of employees. Hayward is also making progress as an energy startup hub. Major employers include Primus Power and Alphabet Energy. Overall, Hayward is a bustling rental market with tons of potential and will remain so for years to come.

Investment Highlights

  • Less than 10 Minutes From California State University, East Bay & Freeways 580/880
  • Less Than One Mile From Hayward BART Station & Downtown Hayward
  • Conveniently Located to Major Employment Centers in the East Bay and Silicon Valley
  • Well Maintained Property With Upside In an Already Strong Rental Market

Exclusively Listed By

Multifamily

230 Smalley Ave

Listing Price: $3,400,000

Cap Rate
4.84%
Number of Units
10
Occupancy
97.0%
Price/Unit
$340,000

Investment Highlights

  • Less than 10 Minutes From California State University, East Bay & Freeways 580/880
  • Less Than One Mile From Hayward BART Station & Downtown Hayward
  • Conveniently Located to Major Employment Centers in the East Bay and Silicon Valley
  • Well Maintained Property With Upside In an Already Strong Rental Market

Investment Overview

Marcus & Millichap is pleased to present 230 Smalley Ave which is a 10 unit apartment less than one mile from downtown Hayward, and a rare opportunity in a sought after rental location. 230 Smalley Ave sits on .51 of an Acre and has 5,762 square feet of livable space. The property consists of seven (7) one-bedroom/one/bathroom units, one(1) studio, and two(2) brand new two-bedroom/one-bathroom ADU's. 7 of the units have private garages. There is parking available on site as well, with potential to make parking 1:1. 230 Smalley Ave is less than 10 minutes from California State University, East Bay and freeways 580/880.It is also conveniently located less than one mile from Hayward BART station. This location helps make access to the entire San Francisco Bay Area and Silicon Valley extremely easy. Hayward is the sixth largest city in the Bay Area and the third largest in Alameda County, and has expanded its population by almost 10% in the last 10years. It has a population of 158,000 residents which are also extremely diverse, and the average household income is $106,005. Cal State East Bay which has 15k+ students and is known as a commuter school. Hayward is also adding its fair share of biotech companies. Companies such as Gilead Sciences, Genentech, and Illumina which all have thousands of employees. Hayward is also making progress as an energy startup hub. Major employers include Primus Power and Alphabet Energy. Overall, Hayward is a bustling rental market with tons of potential and will remain so for years to come.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower