25013-25021 Cypress Ave - Apartments FOR SALE


Hayward, CA 94544- Jackson Triangle
$5,350,000 USD
925-788-5952
25013-25021 Cypress Ave, Hayward, CA for Sale
$5,350,000 USD
Apartments - FOR SALE
1/20
null | 5.25% Cap Rate

25013-25021 Cypress Ave
Hayward, CA 94544
Jackson Triangle


HIGHLIGHTS

  • 18-Unit Apartment Community – Two residential buildings featuring (16) one-bedroom/one-bath units and (2) two-bedroom/one-and-one-half-bath townhome u
  • Extensively Renovated in 2016 – Significant interior, exterior, and site improvements completed throughout the property.
  • Updated Unit Interiors – Units feature granite and quartz countertops, hardwood flooring, and updated finishes.
  • 100% Occupied – Strong occupancy history with units leasing quickly when they become available.
  • Gated Access & Private Garage Parking – Valuable on-site amenities that help differentiate the property within the local rental market.
  • Convenient access to BART, major highways, and regional employment centers.

OVERVIEW

25013–25021 Cypress Avenue presents the opportunity to acquire a renovated and stabilized 18-unit apartment community in Hayward, a centrally located East Bay market with convenient access to major employment centers throughout the Bay Area. The property consists of two residential buildings featuring a unit mix of sixteen one-bedroom, one-bathroom apartments and two two-bedroom, one-and-one-half-bathroom townhome units. Extensive renovations completed in 2016 enhanced both the interior and exterior components of the property, creating a well-maintained asset positioned to meet the expectations of today's renters. Residential interiors feature granite and quartz countertops, hardwood flooring, and updated finishes, while gated access and private garage parking provide amenities that distinguish the property within the local rental market. The combination of quality improvements and resident conveniences has supported consistent occupancy, with the community maintaining full occupancy and a history of rapid lease-up activity when units become available. The property benefits from a strategic location within the East Bay, offering convenient access to Interstates 880 and 580, Highways 92 and 238, Hayward BART, Downtown Hayward, and California State University East Bay. Residents also benefit from connectivity to employment centers throughout Oakland, Silicon Valley, San Francisco, and the broader Bay Area. Hayward's central location, transportation infrastructure, and diverse employment base continue to support long-term rental housing demand. Combining a renovated physical plant, established occupancy history, and access to regional transportation and employment corridors, 25013–25021 Cypress Avenue represents an attractive multifamily investment opportunity in a well-positioned East Bay submarket.

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

18

PRICE/UNIT

$297,222

CAP RATE

5.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cypress Bay Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

RH, Hayward

APN/PARCEL ID

443-0070-044-00,443-0070-045-00

ASK ABOUT THIS PROPERTY

Tyler ClarkLee & Associates Commercial Real Estate ServiceMore Info
925-788-5952

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Tyler ClarkLee & Associates Commercial Real Estate ServiceMore Info
925-788-5952

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