Listed by Robert Johnston - DRE #01853816 - Marcus & Millichap 650-391-1700 Listing Courtesy of: DRE #01462752
$2,925,000 affordable loan icon Calculate Payment

152 Smalley Avenue Hayward, CA 94541

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General Commercial Residence
Beds
Baths
9,640 Sq. Ft.
0.75 Acre Lot

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Last updated on 11/15/2024 3:02 PM
152 Smalley Ave is an exceptional 12-unit value-add apartment community located in the thriving city of Hayward, California. Situated on a large parcel of land totaling 32,884 square feet, the subject property was originally constructed in 1974 and has a gross building area of approximately 9,640 s...quare feet, offering tenants beautifully designed three-bedroom, two-bedroom, and one-bedroom floor plans. 152 Smalley Ave is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland (9 miles), The Peninsula (11 miles), The Tri-Valley (15 miles), Silicon Valley (22 miles), and San Francisco (24 miles). The major transportation corridors of Interstate 880, Interstate 580, the San Mateo- Hayward Bridge, and several BART stations make commuting to these major transpiration centers convenient for tenants. Additionally, the subject property benefits from the discounted rental market in Hayward compared to the surrounding rental markets of Fremont, Dublin, Milpitas, and Foster City with market rents ranging from 16% to 49% higher. This relative affordability and proximity to core Bay Area jobs and amenities should continue to drive robust demand in the rental market and promote landlord pricing power in the near and long term. Continue reading
MLS#
ML81971316
Property Type
General Commercial
Status
Year Built
1974
Square Feet
9,640 sq. ft
Lot Size
0.75

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Listed by Robert Johnston - DRE #01853816 - Marcus & Millichap 650-391-1700 Listing Courtesy of: DRE #01462752
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 3:02 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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