22032 Arbor Avenue Open House Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94541
OPEN HOUSE
Tue Oct 28, 11:00am - 12:30pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,990 sqft
Price per Sqft $365
MLS Listing ID ML82025796
Year Built 1965
Lot Size 0.924 Acres
Property Sub-Type Other
Property Description
Comprising 18 spacious units, a balanced mix of (6) three-bedroom townhomes, (6) two-bedroom townhomes, and (6) two-bedroom flatsthis property captures a wide tenant base seeking quality housing in a thriving community. The flat units each offer private outdoor space, while the townhouse units feature private garages, decks, and backyards providing the kind of livability todays renters crave. 22032 Arbor Avenue sits on a generous 40,250-square-foot lot, offering nearly 16,000 square feet of living area. Each unit is separately metered for gas and electricity, and the property is fully SB721 compliant, exempt from Haywards New Tenant Relocation Ordinance, and RUBS-ready for streamlined utility billing. Investors can also tap into additional upside through garage conversions (SB1211), potential condo conversion, or even ADU development across approximately 24,260 square feet of open space subject to approval. With a projected 12% rental upside, this asset delivers both immediate and long-term performance potential. Add in coin-operated laundry income, low-maintenance construction, and a prime location surrounded by major employers like Tesla, Costco, Walmart, and Kaiser Permanente, and you have an investment positioned for strength and sustainability in any market cycle.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling Other