Hayward, CA 94541 341 Medford Avenue

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Presented By: Victoria Beliso with Compass;
  • MLS# 23282933
  • 09/29/2023
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 6
  • FootageSQFT • 4,080
  • GarageGarage • 12

Home Details

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.
Presented By: Victoria Beliso with Compass;

Interior Features for 341 Medford Avenue

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NNo
Street SuffixAvenue
Total Stories2

General for 341 Medford Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricCooktop, Disposal, Range, Refrigerator
Attached Garage Yes
Cap Rate4.32
Carport Y/NNo
CityHayward
Community FeaturesGated
Construction MaterialsStucco, WoodSiding
CoolingNone
CountyAlameda
Days on Market156
DirectionsTake Mission Blvd North to Blossom Way and turn Left. Turn Right onto Western Blvd, and the Left onto Medford Ave.
DisclosuresFamilialRelation
Garage Spaces12.0
Garage Y/NYes
Gross Income146580.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Interior FeaturesBalcony, OpenFloorplan
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet19133.0
MobileHomeRemainsYNNo
Net Operating Income116519.0
New ConstructionNo
Number of Units Leased6
Occupancy DescriptionTenant
Pool FeaturesNone
PossessionClosePlus3Days
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameMedford
Tenant PaysCableTV, Electricity, Gas
Total Units6
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1989
Year Built SourceAssessor

Exterior for 341 Medford Avenue

Building Area Total4080.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4392
Lot Size Area19133.0
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, Private
SpaNo
Total Parking12.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,400,000
MLS#23282933
List Date 09/29/2023
Property Type Multi-Family
Phone 714.964.3311
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