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Multifamily

Baywood

1561 162nd Ave, San Leandro, CA 94578

Listing Price: $2,600,000

Cap Rate
3.24%
Number of Units
6
Occupancy
97.0%
Price/Unit
$433,333
Price/Gross SF
$429.04
Gross SF
6,060

Investment Overview

Marcus and Millichap is pleased to bring Baywood Apartments to the market. The property is situated on a 6,060-square foot lot and has a total of six units. The subject property was originally constructed in 1985. The unit mix is very desirable and includes two two-bedroom/two-bath and four two-bedroom/one and a half-bath. Additional community amenities include covered parking, on-site laundry and new landscaping. Baywood Apartments is located just a few minutes from Bayfair Center Shopping Mall. San Leandro's finest dining destinations are within walking distance. With the San Leandro BART Station located less than 10 minutes away, this is an ideal location for tenants commuting to Oakland and San Francisco via BART.

Investment Highlights

  • Large 1,000 SF Two Bedroom Two Bath and Two Bedroom One and a Half Bath Units
  • Built in 1985
  • On-Site Laundry and Covered Parking
  • Residents Enjoy Patios and Balconies

Exclusively Listed By

Listing Price: $2,600,000

Cap Rate
3.24%
Number of Units
6
Occupancy
97.0%
Price/Unit
$433,333
Price/Gross SF
$429.04
Gross SF
6,060

Investment Highlights

  • Large 1,000 SF Two Bedroom Two Bath and Two Bedroom One and a Half Bath Units
  • Built in 1985
  • On-Site Laundry and Covered Parking
  • Residents Enjoy Patios and Balconies

Investment Overview

Marcus and Millichap is pleased to bring Baywood Apartments to the market. The property is situated on a 6,060-square foot lot and has a total of six units. The subject property was originally constructed in 1985. The unit mix is very desirable and includes two two-bedroom/two-bath and four two-bedroom/one and a half-bath. Additional community amenities include covered parking, on-site laundry and new landscaping. Baywood Apartments is located just a few minutes from Bayfair Center Shopping Mall. San Leandro's finest dining destinations are within walking distance. With the San Leandro BART Station located less than 10 minutes away, this is an ideal location for tenants commuting to Oakland and San Francisco via BART.

Exclusively Listed By

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