550 Berry Ave

Hayward, CA 94544
  • $12,056,000

    Price
  • 31,006

    SqFt
  • 1.4

    Acre

About the Listing ML6043303 - ML5104931

OVER $1 MILLION PRICE REDUCTION! DON'T WAIT. THIS DEAL WON'T LAST. Rarely Available 44 Quality Units in Desirable Jackson Triangle Neighborhood. Peaceful Setting: Amongst Single Family Homes. Quiet Street, Minimal Thoroughfare Traffic. CAP Rate: In-Place 6.75% / Pro-Forma: 8.00%. GRM: In-Place: 9.85 / Pro-Forma: 8.54. Cost/Unit: $248,000/Unit. Cost/SF: $352/SF. Pride-of-Ownership Property. Excellent Curb Appeal. Fully Secured Building. Gated-Community. Park-Like Setting / Secured Perimeter. Unit Mix: (26) Spacious 1 Bedroom/1 Bath (±663 SF) Units. (18) Spacious 2 Bedroom/1 Bath (±765 SF) Units. Secured Center Courtyard w/ Numerous Tenant Amenities. Durable Rents w/ Upside: Low Historic Vacancy. Low Tenant Turnover. Solid Cashflow. Reposition Ideas: Add Dishwashers, Recessed Lighting, Flooring Upgrades. Capital Improvements: Dual-Pane Windows, Water Heaters, Landscape Lighting, Exterior Painting, Etc. Excellent Connectivity & Access to Major Employers: Public Transit: 1.8 Miles From the Hayward BART Station (9-Minute Bike Ride / 12 Minutes by Bus). Commute: Easy Access to Major Freeways (Highways 92, 880, and 84). Major Employers: Short Commute to Major Employers. East Bay: Tesla, Kaiser, UC Berkley, and More. Peninsula: Visa, Meta, Google, and More

Listing Highlights for 550 Berry Ave

Status Active
Days on Site 27
Property Type Commercial Sale
MLS ® ML82061756
Year Built 1960
Total Square Footage 31,006
Lot/Acreage 1.4
County Alameda
School District Other

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 44
  • Zoning: RH (High-Density Resident
  • Roof: Composition
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $145,806
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 444005405002
  • Tax Year: N/A

Payment Calculator

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  • in Taxes
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Listing Location

Questions About..

550 Berry Ave Hayward, CA 94544

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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