21371 Garden Ave, Hayward, CA 94541

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Sold Price
$3,020,000
List Price
$3,198,000
Status
CLOSED
MLS#
41121377
Closing Date
Apr 30, 2026
Year Built
1964
Property Type
Apt Complex
Living Area
11,692
Lot Size
31,650
Acres
0.73
County
Alameda
Subdivision
Other

Property Description

13 UNIT APPARTMENT with Excellent Investment Opportunity! This property features a well-maintained 13-unit apartment building with 12 units currently occupied, offering immediate and consistent cash flow. Twelve spacious units feature 2-bedroom, 1.5-bath layouts, each designed with back patios and a balcony off the bedroom, highly desirable amenities that support strong tenant demand and retention. One additional unit is a studio. The property includes a large grassy common area, a convenient on-site laundry facility, and ample on-site parking for residents. The front exterior has been recently painted with new siding and stained shingles, enhancing curb appeal. Several units have been updated, creating a clear added value. The property has an oversized expansive lot with room for many opportunities plus convenient freeway access, strong East Bay rental demand, and proven income performance. Investors can capitalize on monthly rental income potential of over $27,000 per month, rent optimization, and full stabilization to increase long-term returns. With a solid unit mix, strong occupancy, and upside potential, this property presents an attractive opportunity for investors seeking stable income today with growth potential tomorrow.

Additional Information

Appliances
Dryer, Washer
Exterior
Stone, Stucco, Other
Flooring
Tile, Vinyl, Carpet, Other
Lot Description
Other
Parking Features
Parking Lot
Roof
Other
Water Sewer
Water District

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jeannine Rinetti from Rinetti & Co., REALTORS®. 925-339-1306

Selling Office: Marcus & Millichap.

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