341 Medford Avenue Hayward, CA $ 2,400,000
341 Medford Avenue
$ 2,400,000
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341 Medford Avenue

Hayward, CA, 94541
$ 2,400,000
Bedrooms6 Baths6.0 Sq 4,080

Monthly Estimate*

$ 16,765

Listed by Compass
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Multi-Family Home for sale in Hayward, CA

for $2,400,000 with 6 bedrooms and 6 full baths. This 4,080 square foot home was built in 1989 on a lot size of 0.4392.

Built in 1989, this 6 unit townhome-style property is truly unique as there's a private driveway leading to 3 detached buildings on an expansive near half acre lot. With only 2 units per building and no adjoining walls, this property offers a true sense of privacy. Each unit includes the living area upstairs and a private two car garage below, plus their own yards. All units are individually metered and include a spacious living area with fireplace, 1 bedroom, full size bath, washer/dryer hook-ups, private entry, and balcony. The kitchen comes equipped with an electric range, dishwasher, refrigerator, sink with garbage disposal, and plenty of cabinets. Plus, there's a bonus 7th unit (manager's office). All units are currently rented well below market value on a month-to-month basis making this the perfect value add opportunity for an investor. Not to mention, only Statewide Rent Control applies. Vacancy is very low due to the location and uniqueness of this property. Less than 1 mile from Hayward BART and easy access to 580, 880, and San Mateo-Hayward Bridge, makes this is a commuter's dream. Located in the up and coming Cherryland neighborhood near dining, shopping, and entertainment as well as CSU East Bay, Chabot College, Mills College, and major employers of the Bay Area.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4392

Year Built

1989

Town/City

Hayward

County/Region

Alameda

MLS | Web ID

23282933

Days on Market

215

Features
General
Interior Features Balcony OpenFloorplan
Cooling None
Possession ClosePlus3Days
Appliances Dishwasher ElectricCooktop Disposal Range Refrigerator
Garage Spaces 12.0
Pool Features None
Security Features CarbonMonoxideDetectors GatedCommunity SmokeDetectors
Construction Materials Stucco WoodSiding
Year Built 1989
Tenant Pays CableTV Electricity Gas
Stories 2
Levels Two
Gross Income 146580.0
Community Features Gated
County Alameda
Net Operating Income 116519.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Take Mission Blvd North to Blossom Way and turn Left. Turn Right onto Western Blvd and the Left onto Medford Ave.
City Hayward
Disclosures FamilialRelation
View Y/N N
Senior Community Y/N N
Total Units 6
Lot Size Square Feet 19133.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 6
Street Name Medford
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=u7gvX97Ea1f&
Days on Market 156
Standard Status Active
Occupancy Description Tenant
Year Built Source Assessor
Cap Rate 4.32
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Exterior
Parking Features DoorMulti Garage Private
Total Parking 12.0
Lot Size Area 19133.0
Foundation Details Slab
Number of Buildings 3
Spa N
Building Area Total 4080.0
Lot Size Acres 0.4392
Lot Size Units SquareFeet
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 6
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Internal Only
Street Number 1 341
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* Excluded Features
List By
Compass

Broker

(310) 430-8641

Phone

Affordability Calculator

$16,765
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$2,400,000 -11.11% Price Down
9/29/2023$2,700,000 Listed Price

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341 Medford Avenue, Hayward, CA, 94541 is a Multi-Family Home for sale at $2,400,000 with 4,080 sqft and a lot size of 0.4392. 341 Medford Avenue has 6 bedrooms, 6.0 baths, and was built in 1989. The property's zip code is 94541 which is in Hayward, CA