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$4000000   Price Analysis
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405 Sycamore Ave
Hayward, CA 94544
24 bed 8 bath 3842 SqFt ($1041/SqFt)
0.52 acre lot. Built 1964
Listed 2024-01-25
Ⓧ USDA Ineligible
due to price & location

near Hayward

Your opportunity to own an exceptional 10 unit townhome complex in the heart of the Bay Area.

Conveniently located in a residential neighborhood 5 minutes from downtown. Situated on a 22, 849 sqft parcel, The subject properties were built in 1964 then renovated in 2006 and several units have been updated since then. The building consists of two Triplexs with a gross area of 2992 sqft each and two duplexes with a gross area of 1768 sqft each. Offering tenants four, 3 bedroom units and six, 2 bedroom units.

Amenities include garages, indoor laundry and upstairs outdoor pa tios. This asset benefits from its proximity to San Mateo, San Francisco, Oakland and the Tri Valley with convenient access to 92 san mateo bridge, 880 interstate, 580 interstate, 2 barts stations. The location also offers close proximity to shops, restaurants, entertainment and top employers like: Tesla, PGandE, Chevron, Kaiser, Sutter Health and John Muir Health. 405 Sycamore Ave is a distinguished commercial real estate opportunity that derives its investment allure from Hayward's robust employment fundamentals and remarkably lw vacancy rates.


Presented by Laif McClellan at
Christie's International R. E.
Listing Agent Photo

Property MLS #224006367 from MetroList

Bedrooms: 24

Total Rooms: 24

Laundry Features: In Each Unit, Laundry Closet

Cooling Features: Ceiling Fan(s)
Heating Features: Wall Furnace

Full Bathrooms: 4
1/2 Bathrooms: 4

Flooring: Carpet, Laminate, Linoleum
Window Features: Dual Pane Full, Window Screens

Patio And Porch Features: Balcony/Deck, Enclosed Deck, Enclosed Patio

Lot Description: Private, Curbs/Gutters, Sidewalk
Lot Dimensions Source: SqFt
Lot Size Acres: 0.5204
Topography: Level
Lot Size Square Feet: 22669

Garage Spaces: 8
Open Parking Spaces: 18
Parking Features: Off Street, Garage, Guest Parking Available
Parking Total: 26

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 5160

Number of Buildings: 4
Number of 2 Bedroom Units: 6
Number of 3 Bedroom Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Half Bathrooms in Unit-1: 1
Half Bathrooms in Unit-2: 1
Half Bathrooms in Unit-3: 1
Half Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Unit-1 Square Feet: 1071
Unit-2 Square Feet: 1071
Unit-3 Square Feet: 850
Unit-4 Square Feet: 850
Unit 1 Total Actual Rent: 2521
Unit 2 Total Actual Rent: 3250
Unit 3 Total Actual Rent: 2251
Unit 4 Total Actual Rent: 2478

Elementary School District: Hayward Unified
High School District: Hayward Unified
Middle or Junior School District: Hayward Unified

Winton Middle School is a public middle school located approximately 0.4 miles away.
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Harder Elementary School is a public elementary school located approximately 0.9 miles away.
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Hayward High School is a public high school located approximately 1.1 miles away.
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Spectrum Center - Mission is a private elementary, middle and high school located approximately 0.3 miles away.
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Gross Income: 314160
Lease Term: Month To Month
Number of Units Leased: 10
Tenant Pays: Cable TV, Electricity, Gas

Fenced Yard
Yard Space
Annual Tax Amount: 56496
Source Listing Status: Active
County: Alameda
Cross Street: Jackson St
Directions: Jackson st to Sycamore Ave. PIQ on the right.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Other Expense: 6000
Source Property Type: Residential Income
Insurance Expense: 10648
Area: Hayward
Source Neighborhood: Hayward
Parcel Number: 4440-0210-28
Postal Code Plus 4: 1580
Zoning: RMB4
Property Subtype: Townhouses
Source System Name: C2C

Price Changed 2024-04-29
$4000000
MetroList
Price Changed 2024-03-04
$4250000
MetroList
Price Changed 2024-02-07
$4750000
MetroList
Listed 2024-01-25
$5100000
MetroList

Net Operating Income: 211376
Operating Expense Includes: Property Tax, Trash, Maintenance Grounds, Maintenance Structure, Water/Sewer

Year Built: 1964
Construction Materials: Stucco
Foundation Details: Slab
Levels: Two
Property Age: 60
Property Condition: Updated/Remodeled
Roof: Roof Description:Tar/Gravel
Levels or Stories: 2
Structure Type: 5 or More Units
House Style: Contemporary

Sewer: Public Sewer
Cable Available
Natural Gas Connected
Electric
Internet Available
Water Source: Public

Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.