PRICE REDUCED! Beautifully remodeled/upgraded 8-unit apartment building located near the base of the Hayward Hills. Five of the eight one-bedroom units have been completely remodeled over the last 5 years. The remodeling includes modern engineered flooring, granite countertops in the kitchen, new appliances, remodeled bathrooms, new lighting, mirrored closet doors and window coverings. Two of the remaining three units have two-year-old remodeled bathrooms and the eighth unit is in good shape. The building was painted in 2022 and there are new dual pane windows. There is a 10-car carport as well as an attractive outdoor space for the tenants at the rear of the property. Excellent property to own and operate. Building plans are available for the new owner. SEE ASSOCIATED DOCUMENTS for OM/Marketing Flyer, roof report, and pest control report.
Exceptional Investment Opportunity with Strong Cash Flow! Two parcels featuring 8 fully occupied rental units situated on a spacious 0.65-acre lot (28,400 sq ft) with approximately 6,571 sq ft of total building/living area. The property offers ample parking, providing excellent convenience for residents. This income-producing asset generates approximately $193,000 in annual gross income, with monthly rental income of about $16,150, making it an attractive opportunity for investors seeking stable cash flow and long-term real estate appreciation. The property also benefits from a highly convenient location with easy access to Interstate 880, providing excellent connectivity to surrounding cities, major employment centers, and everyday amenities. Buyer is advised to conduct a thorough property inspection and complete all due diligence prior to submitting any offer.
257 POPLAR AVE. IS A TURNKEY SB 721 COMPLIANT 12-UNIT APARTMENT COMMUNITY LOCATED IN UNINCORPORATED HAYWARD WITHIN THE HIGH-DEMAND EAST BAY RENTAL MARKET. BUILT IN 1974, THE PROPERTY SITS ON A GENEROUS 24,600 SF LOT (.56 ACRES) AND INCLUDES 13,397 SF OF BUILDING AREA WITH A BALANCED MIX OF 1-, 2-, AND 3- BEDROOM FLOOR PLANS WITH SHARED LAUNDRY... THE PROPERTY ALSO OFFERS OWNED SOLAR FOR THE MASTER ELECTRIC. OVER $148,000 IN RECENT UPDATES WITH FRESH EXTERIOR PAINT, UPGRADED BALCONIES AND RAILINGS.
Hayward is located in California. Hayward, California has a population of 162,254. Hayward is less family-centric than the surrounding county with 34.47% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Hayward, California is $98,837. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Hayward is 36.6 years.
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 42.1 degrees. The average rainfall is approximately 18 inches per year, with 0 inches of snow per year.
