1821 Hill Ave - Apartments FOR SALE


Hayward, CA 94541- Upper B Street
$3,349,413 USD
510-387-7049
1821 Hill Ave, Hayward, CA for Sale
$3,349,413 USD
Apartments - FOR SALE
1/16
null | 6.3% Cap Rate

1821 Hill Ave
Hayward, CA 94541
Upper B Street


HIGHLIGHTS

  • Built in 1988
  • Hayward Hill submarket- low density with protected open space.
  • 100% Two Story 900 SF townhomes with private patios, covered parking, and individual storage
  • Strong in place cash flow with upside
  • Strong rental demand with Cal State East Bay directly EAST (15,000 students)
  • Turnkey, low management investment

OVERVIEW

SHOWING SCHEDULE: THURS 7/9 | 11AM-1PM EMAIL AGENT FOR ACCESS TO DISCLOSURES Kidder Mathews is pleased to exclusively present Townhomes at Hill, a rare turnkey multifamily investment opportunity comprising 11 two-bedroom/one-bathroom townhome units situated in the highly coveted Hayward Hills submarket of the East Bay. Located at 1821 Hill Avenue, the asset occupies a premier position within one of the East Bay's most resilient and in-demand rental corridors. The property's distinctive architectural character and thoughtfully designed floor plans deliver the spacious, townhome-style living that today's discerning renters actively seek. Each residence features generous natural light, open and functional floor plans, and private patio areas equipped with dedicated outdoor storage and pantry space. Residents benefit from covered parking with individual storage units, complemented by seven dedicated guest parking spaces. Other upgrades include in-unit dishwashers, breakfast/dining nook areas, and individual water heaters conveniently housed in exterior closets. A dedicated on-site laundry facility, housed in a separate building, further enhances the resident experience and provides an additional revenue opportunity for ownership. Townhomes at Hill represents a compelling, low-management investment with strong in-place cash flow and significant value-add potential in a supply-constrained submarket.

FOR SALE DETAILS

PRICE

$3,349,413 USD

PRICE/SF

$92 USD /SF

# OF UNITS

11

PRICE/UNIT

$304,492

CAP RATE

6.3%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Built 1988 | Touring Thursday 7/9 @ 11AM

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,954 SF

ZONING

R-M, Hayward

APN/PARCEL ID

416-0230-006-02

ASK ABOUT THIS PROPERTY

Louis KwokKidder MathewsMore Info
510-387-7049

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Louis KwokKidder MathewsMore Info
510-387-7049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.