Sold
1228 Mattox Road
Hayward CA, 94541
$10,250,000
$289.82 per sqft
Sold
35,367 sqft
Commercial
Built in 1961
7%+ pro forma cap rate on already achieved rents! Amazing opportunity to own an institutional quality 57-unit apt. building in the heart of the San Francisco Bay Area. Approx. half of units have been renovated. Many units have stunning view of the Bay and surrounding areas. Incredibly strong fundamentals with sub 4% vacancy and explosive rent growth of 15+% over the last 18 months in Hayward.
ML81436784
MLSⓇ ID
October 10, 2014
Listed
February 15, 2024
Updated
Map
1228 Mattox Road
Hayward CA, 94541
Interior Features
Laundry Description
Coin Operated
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Roof
Tar/Gravel
Other Property Details
Area Name
Alameda County
Garage
No
Parking
Space Per Unit - 2
View
Yes
View Description
Bay, City Lights, Mountain(s)
County
Alameda
Pool
No
Zoning
R
Buyer Agency Compensation
1.25%
Listed by Carlos Azucena with Marcus & Millichap
Listing Contact: 408-205-2679
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