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Sold

341 Medford Ave

341 Medford Ave, Hayward, CA 94541

$1,900,000
Built in 1989 on a rare, expansive half-acre lot, this 6-unit townhome-style property presents a unique value-add opportunity. A private driveway leads to 3 detached buildings, each housing only 2 units per building and no adjoining walls; creates a sense of privacy rarely found in multi-unit properties. Each unit includes the living area upstairs and a private two car garage below, plus their own individual 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. A bonus 7th unit (manager's office) enhances the exceptional offering. All units are currently rented on a month-to-month basis with significant upside potential approximately 28% below market value. 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 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.

6
beds

6
baths

4,080 Sq.Ft. LIVING AREA

0.44 Acres lot

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms6
  • Laundry room In Unit
  • Flooring Carpet, Laminate, Tile
  • Fireplace Living Room
  • APPLIANCES Garbage Disposal, Dishwasher, Refrigerator, Gas Dryer Hookup, Range/Oven
  • other interior Features Living Room Balcony, Open Floor Plan, Detached/No Common Walls

Area & Lot

  • Status Sold
  • Living Area4,080 Sq.Ft.
  • Lot Area0.44 Acres
  • MLS® ID24-420249
  • TypeMulti-Family
  • YEAR BUILT1989
  • Architecture StylesGarden Home
  • View DescriptionNone

Exterior

  • STORIES2
  • Garage Space12.0
  • water SourceDistrict
  • PoolNone
  • lot featuresBack Yard, Exterior Security Lights, Yard, Street Lighting, Street Paved, Lot Shape-Rectangular, Lot-Level/Flat
  • parkingAttached, Garage Is Attached
  • HEAT TYPEWall Gas
  • AIR CONDITIONINGNone
  • sewerIn Street
  • SubstructureConcrete Slab
  • security FeaturesCarbon Monoxide Detector(s), Exterior Security Lights, Gated, Smoke Detector

Financial

  • Sales Price$1,900,000

Work With Lori

The best way to tell you what kind of representation I provide is to ask my clients, I’d be happy to send their comments to you. Whether you’re looking to buy or sell, or just curious about the current real estate market, please don’t hesitate to get in touch with me.

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