Listed by Jaime E Peraza Century 21 Baldini Realty
Bougth with Ana Garcia-Alvarado

$1,200,000

Est. payment - /mo

3,456 SqFt

UPDATED:

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,456 sqft

Price per Sqft $347

MLS Listing ID 426132820

Year Built 1951

Lot Size 8,914 Sqft

Property Sub-Type Mixed Use

Property Description

For sale: a rare mixed-use opportunity located at 1384 B St in Hayward, CA. The property consists of two buildingsone with a commercial front space and a total of four residential unitsall steps from vibrant downtown Hayward. Current rents are significantly below market, offering immediate upside potential for an investor willing to implement a value-add strategy. Both residential buildings can be delivered vacant by the current owner, or the new owner may raise rents to market value. The units are currently occupied by long-term family members who have lived on the property for over 20 years, facilitating a flexible transition. The unit mix includes two spacious one-bedroom units and two two-bedroom units, with a dedicated on-site laundry area. The commercial front space is unfinished and ready for completion. City permits and plans were previously obtained but have since expired, giving the new owner the flexibility to revise, renew, and finish the space to recover lost income. This is a cosmetic fixer with strong bones and even stronger potential. In addition, a second small adjacent lot is included in the sale. For complete details, including permitted uses, renovation options, and current financials, please get in touch with the listing agent directly.

Location

State CA

County Alameda

Area Hayward

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Linoleum, Unfinished, Other

Exterior

Utilities Available Natural Gas Connected, Sewer Connected

Roof Type Composition,Shingle,Tar/Gravel

Building

Lot Description BART Nearby, City Lot

Foundation Concrete Perimeter, Slab

New Construction No

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Nearby School & Business

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Paolo Ocampo

+1(510) 736-3886

Agent CA BRE #02127190

1384 B ST Hayward, CA 94541