201-197 Sunset Blvd. hayward
$1,425,000
201 Sunset Boulevard, Hayward, CA 94541
6.8
Pro Forma Cap Rate
2,609 sqft
Building Size
Details:
Highlights:
- All units to be delivered vacant ( with possible exception of unit 195)
- Possible to add an "AD" on each seperate parcel, or additional lot split. Ck with Alameda County
- Buyer has opportunity to get top market rents on vacated units! Start off strong!
Description:
An unprecedented opportunity has emerged in the real estate market! This outstanding investment offers the chance to acquire two separate properties 201 & 197 Sunset Blvd. w/ a combined area of approximately 24,600 sq. ft. The property has a total of five units, with a studio unit of 308 sq. ft. non-conforming and a trailer with hookups. Two of these units have two bedrooms & and one bathroom, each with a garage. Two other units are 1 bedroom / 1 bathroom. There is ample parking available, accommodating up to seven vehicles. On the premises, you'll find two outbuildings designated for storage purposes, along with a substantial section of land at the rear that currently remains undeveloped. This underutilized area holds the potential for various uses, such as establishing a family orchard, cultivating a vegetable garden, or potentially exploring the possibility of additional rental units (ADUs) through consultation with Alameda County's planning authorities. The property presently has tenants in residence except 201 which is vacant, the other units will be delivered vacant upon sale completion except for unit # 199. The non-conforming studio market rate rent is $1,850 est. Additionally, on-site is a trailer home with hookups. This was rented at $500/mo. See Disclosures.
Pre-escrow opened with WFG Title in Castro Valley. Escrow # 23-165007. PH# 510-537-8300. Please consider using them!
Disclosure Link Here: https://app.disclosures.io/link/197-Sunset-Boulevard-0e738buh ( copy & paste ).
The key for 201 Sunset Blvd in Supra. Supra on Gas Pipe on 197. Only view 201 Sunset Blvd. OK to tour the property. Do not disturb tenants. The dog in the back yard of 201 is friendly but make your presence known so the tenant can lock up. Make an offer "subject to Inspection". Once accepted we will give notification to tenants for interior viewing.
Documents:
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OFFER_MEMORANDUM.pdf
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Location

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