Hayward, CA 94541,341 Medford AVE
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Hayward, CA 94541,341 Medford AVE
Hayward, CA 94541,341 Medford AVE
Hayward, CA 94541,341 Medford AVE
Hayward, CA 94541,341 Medford AVE

$1,900,000

Est. payment /mo

$2,000,000

5.0%
Est.Price: ?

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341 Medford AVE Hayward, CA 94541

0.44 Acres Lot

SOLD DATE : 09/24/2024

Key Details

Sold Price $1,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24420229

Sold Date 09/24/24

HOA Y/N No

Year Built 1989

Lot Size 0.439 Acres

Property Description

Built in 1989 on a rare, expansive half-acre lot, this 6-unit townhome-style property presents a unique value-add opportunity. A private driveway leads to 3 detached buildings, each housing only 2 units per building and no adjoining walls; creates a sense of privacy rarely found in multi-unit properties. Each unit includes the living area upstairs and a private two car garage below, plus their own individual yards. All units are individually metered and include a spacious living area with fireplace, 1 bedroom, full size bath, washer/dryer hook-ups, private entry, and balcony. The kitchen comes equipped with an electric range, dishwasher, refrigerator, sink with garbage disposal, and plenty of cabinets. A bonus 7th unit (manager's office) enhances the exceptional offering. All units are currently rented on a month-to-month basis with significant upside potential approximately 28% below market value. Only Statewide Rent Control applies. Vacancy is very low due to the location and uniqueness of this property. Less than 1 mile from Hayward BART and easy access to 580, 880, and San Mateo-Hayward Bridge, makes this a commuter's dream. Located in the up and coming Cherryland neighborhood near dining, shopping, and entertainment as well as CSU East Bay, Chabot College, Mills College, and major employers of the Bay Area.

Location

State CA

County Alameda

Interior

Heating Fireplace(s), Wall Furnace

Fireplace No

Exterior

Community Features Gated

Roof Type Clay

Total Parking Spaces 16

Building

Lot Description Back Yard, Rectangular Lot

Story 2

Water Public

Others

Tax ID 4290014095

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Victoria Beliso • Compass
Bought with Victoria Beliso • Compass
agent

Summer Henry

Agent | License ID: 02237810

+1(562) 489-6263

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