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$2,400,000
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341 Medford Ave
Hayward, CA 94541
6 bed 6 bath 4,080 SqFt ($588/SqFt)
0.44 acre lot. Built 1989
Listed 2023-09-29, Taxes $14,929
Ⓧ USDA Ineligible
due to price & location

near Hayward

Latest Value Estimates: $2,673,000 from Collateral Analytics on 2024-02-14. Forecast Estimate Value:

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 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 vast living area with fireplace, 1 bedroom, full size bath, washer/dryer hook-ups, private entry and balcony.

Th kitchen comes equipped with an electric range, dishwasher, refrigerator, sink with garba ge 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, Statewide Rent Control applies. Vacancy is 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.


Presented by Victoria Beliso at
COMPASS.
Listing Agent Photo

Property MLS #23-282933 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 6
Full Bathrooms: 6

Living Room Balcony
Open Floor Plan
Detached/No Common Walls

Cooktop - Electric
Range
Laundry Facilities: In Unit
Laundry Features: In Unit

Dining Area, Living Room

Fireplace Features: Living Room
Heating Features: Wall Gas

Patio And Porch Features: Balcony
Patio Features: Balcony

Lot Size Acres: 0.4392332
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 19133

Garage Spaces: 12
Garage Description: Private Garage, Garage - 2 Car, Attached, Garage Is Attached
Parking Total: 12

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 13500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2150

Number of Units Leased: 6
Tenant Pays: Gas, Electric, Cable TV

End Unit
Balcony
Source Listing Status: Active
County: Alameda
Cap Rate: 4.32
Directions: Take Mission Blvd North to Blossom Way and turn Left. Turn Right onto Western Blvd, and the Left onto Medford Ave.
Source Property Type: Residential Income
Area: Out of Area
Source Neighborhood: Out of Area
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Owner Pays: Water
Parcel Number: 429-0014-095
Postal Code Plus 4: 1727
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$771,301 + $176,829
$948,130
$14,929
2021$756,178 + $173,362
$929,540
$14,441
2020$748,428 + $171,585
$920,013
$14,061
2019$733,755 + $168,221
$901,976
$13,989
2018$719,371 + $164,923
$884,294
$13,341
2017$705,267 + $161,690
$866,957
$12,728
2016$691,440 + $158,520
$849,960
$12,152
2015$681,055 + $156,139
$837,194
$11,858
2014$667,717 + $153,081
$820,798
$11,677
2013$664,701 + $152,390
$817,091
$11,558
2012$651,669 + $149,402
$801,071
$11,385
2010$638,892 + $146,473
$788,065
$11,109
2009$634,118 + $145,378
$782,196
$10,925
2008$623,164 + $142,867
$768,731
$10,400
2007$610,947 + $140,066
$753,713
$10,195

Price Changed 2024-03-02
$2,400,000
TheMLSCLAW
Listed 2023-09-29
$2,700,000
TheMLSCLAW
Sold 1990-01-09
$205,500
Public Record

Net Operating Income: 116519

Total Square Feet Living: 4080
Year Built: 1989
Building Exterior Type: Stucco, Wood
Foundation Details: Concrete Slab
Levels: Two Level
Living Area Source: Assessor
Property Age: 35
Roof: Clay
Levels or Stories: 2
Building Total Stories: 2
House Style: Garden Condo
Year Built Source: Assessor
Architectural Style: Garden Condo

Other Equipment: Dishwasher, Refrigerator, Garbage Disposal, Gas Dryer Hookup
Security Features: Exterior Security Lights, Gated, Smoke Detector, Carbon Monoxide Detector(s)

Colonial Acres Elementary School is a public elementary school located approximately 0.6 miles away.
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San Lorenzo High School is a public high school located approximately 0.9 miles away.
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Bohannon Middle School is a public middle school located approximately 1.3 miles away.
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St. John Catholic School is a private elementary and middle school located approximately 0.8 miles away.
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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.