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19034 Lowell Ave, Hayward, CA, USA

Price: $2,299,999 ($383,333 / Unit; 5.6% cap rate proforma)

Status: For Sale on July 2024

19034 Lowell Ave, Hayward, CA

Executive Summary

MULTIFAMILY INVESTMENT OPPORTUNITY IN HAYWARD, CA

The Ivy Group proudly presents a prime investment opportunity: a 6 unit, low rise, garden style multifamily property located in the desirable Cherryland neighborhood of Hayward, CA. This property is perfectly situated within an Opportunity Zone, providing substantial potential for value addition.

Key Highlights:

  • Prime Location: Nestled in Cherryland, a thriving neighborhood in unincorporated Hayward, CA
  • Opportunity Zone: Maximize your investment benefits with tax incentives
  • Parking: Ample onsite parking with 12 spaces available
  • Private Yard: Each tenant has its own private back yard for the ultimate privacy
  • Lot: large lot with potential for Accessory Dwelling Unit (ADU) development
  • Occupancy: Currently 100% occupied, allowing investor to secure market rent for the vacant unit

This property is an exceptional chance to invest in a high demand area with significant upside potential.

For further details and to explore this unique opportunity, contact The Ivy Group today. Please respect the privacy of our tenants and avoid disturbing them.

Take action to secure this rare opportunity to invest in the dynamic multifamily Bay Area market!

Offering Memorandum
  • Hidden
Due Diligence
  • Hidden

Highlights

  • Building Size

    ± 7,815 SF

  • Lot Size

    ± 21,420 SF (± 0.49 acres)

  • Year Built

    1920, recent upgrades

  • Zoning

    RS D35 unincorporated area of Hayward, CA

  • Use

    Multifamily

  • Bart Station

    ± 2.2 miles to Hayward B Street BART Station

  • Parking

    Onsite parking, each tenant has 2 spaces, one covered and one uncovered; potential to add more parking spaces

  • Metering

    Individually electric & gas meters

  • Number of Units

    6

  • Unit Mix

    Five 2bed/1bath; One 3bed/2bath

  • APN

    413-39-39