Details
- Property Type Apartments
- Price $1,575,000
- Units 7
- Year Built 1953
- Building SF 5,481
- Per Unit $225,000
- Per SF $287
- Cap Rate 6.8%
- Land SF 15,002
- Listing Broker Marcus & Millichap, Stephen Jackson, DRE #1725067; Joseph Owens, DRE #1707768
Agent Notes
21462 Ocean View Drive is a 7-unit property sitting on a single parcel and spanning just over a third of an acre (0.34 acres). The property consists of three single story attached units (all two bedrooms), a two-story building consisting of three units (1 one bedroom and 2 two bedroom) and a two-bedroom single family residence at the rear of the property. The property was constructed in 1953 with wood framing and stucco exteriors.
The property is located on Ocean View Drive in Hayward near the intersection with Grove Way. Ocean View Drive runs between two of Hayward’s main thoroughfares, Foothill Boulevard and Mission Boulevard. Tenants benefit from a convenient location where they can easily access Downtown Hayward, Interstate 580 and two BART stations (Hayward & Castro Valley) within minutes.
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