22032 Arbor AVE Active Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94541
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 15,990 sqft
Price per Sqft $365
MLS Listing ID ML82025796
Style Other
Bedrooms 7
Full Baths 3
Half Baths 2
Year Built 1965
Lot Size 0.924 Acres
Property Sub-Type Five or More Units
Property Description
Comprising 18 spacious units, a balanced mix of (6) three-bedroom townhomes, (6) two-bedroom townhomes, and (6) two-bedroom flatsthis property captures a wide tenant base seeking quality housing in a thriving community. The flat units each offer private outdoor space, while the townhouse units feature private garages, decks, and backyards providing the kind of livability todays renters crave. 22032 Arbor Avenue sits on a generous 40,250-square-foot lot, offering nearly 16,000 square feet of living area. Each unit is separately metered for gas and electricity, and the property is fully SB721 compliant, exempt from Haywards New Tenant Relocation Ordinance, and RUBS-ready for streamlined utility billing. Investors can also tap into additional upside through garage conversions (SB1211), potential condo conversion, or even ADU development across approximately 24,260 square feet of open space subject to approval. With a projected 12% rental upside, this asset delivers both immediate and long-term performance potential. Add in coin-operated laundry income, low-maintenance construction, and a prime location surrounded by major employers like Tesla, Costco, Walmart, and Kaiser Permanente, and you have an investment positioned for strength and sustainability in any market cycle.
Location
State CA
County Alameda
Area San Lorenzo
Zoning N/Av, Hayward
Interior
Heating Wall Furnace
Cooling Other
Flooring Carpet,Vinyl / Linoleum
Laundry Hookups Only
Exterior
Exterior Feature Back Yard,Balcony / Patio
Parking Features Assigned Spaces,Attached Garage,Uncovered Parking
Garage Spaces 12.0
Utilities Available Individual Electric Meters,Individual Gas Meters
Roof Type Flat / Low Pitch,Shingle
Building
Foundation Concrete Perimeter and Slab,Crawl Space
Sewer Sewer - Private
Water Private / Mutual
Others
Restrictions Other
Tax ID 429-0077-030
Security Features Other
Special Listing Condition Not Applicable