17-Unit Apartment
For Sale
$4,500,000
1064 E Street, Hayward, CA 94541
The property includes elevator service, coin-operated laundry, and a mix of one- and two-bedroom apartments.
Property Size18,650 SF
Price / SF$241.29
Days on Market22
Property Features for 1064 E Street
General Information
Standard status
Active
Size
18,650 SF
Total Parking Spaces
24
Elevators
Yes
Property subtype
5 Or More Units
Financials
Cap Rate
5.81%
Gross Rent Multiplier
11.75
Site & Location
Neighborhood
Mission Foothills
Units
Unit Mix
15 x 2BR/1.5BA, 2 x 1BR/1BA
Multifamily Units
17
Amenities
private decks
coin-operated laundry facility
Building Details
Year Built
1965
Listing Agency:
Alliance Bay Realty
Listed By:
Joseph Silva · License #2046259
(510) 909-0007
Source:
Fohlrealty
Added: Oct 16
Changed: Oct 29
Last Checked: Nov 5 at 7:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alliance Bay Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1064 E Street in Hayward, Casa Bret Harte is a 17-unit apartment property built in 1965, with approximately 18,650 square feet of building area. The unit mix comprises fifteen 2-bedroom/1.5-bath apartments and two 1-bedroom/1-bath apartments. Private decks, an elevator, coin-operated laundry, and 24 on-site parking spaces are among the property’s features. Recent capital improvements have been completed.
Fifteen apartments are occupied, while two are vacant. Current-rent figures are reported at a 5.81% cap rate and 11.75 GRM; market-rent figures are reported at an over 8% cap rate and 9.29 GRM.
Fifteen apartments are occupied, while two are vacant. Current-rent figures are reported at a 5.81% cap rate and 11.75 GRM; market-rent figures are reported at an over 8% cap rate and 9.29 GRM.
Key Highlights
- 17 apartments, including fifteen 2‑bedroom/1.5‑bath units and two 1‑bedroom/1‑bath units
- Approximately 18,650 square feet; built in 1965
- 24 on‑site parking spaces and private decks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$361,737
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,234,740
$7.2M
Cap Rate 7%
$5,167,671
$5.2M
Cap Rate 9%
$4,019,300
$4.0M
Market Conditions
NOI Build-Up for 18,650 SF
Gross rent
$693.8K $37.20/SF
− Vacancy
−$36.1K −$1.93/SF
EGI
$657.7K $35.27/SF
− OpEx
−$296.0K −$15.87/SF
NOI
$361.7K $19.40/SF
Area
Hayward, CA
Vacancy
5.20%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,234,740
Cap Rate 7%
$5,167,671
Cap Rate 9%
$4,019,300
Alternative Uses
Best Use
Apartment 5plus
$5.17M
$4.52M – $6.03M
NOI $361,737 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.77M
$5.04M – $6.73M
NOI $403,556 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
2,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 94541, CA
69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property includes elevator service, coin-operated laundry, and a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1064 E Street Hayward, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 17 apartments, including fifteen 2‑bedroom/1.5‑bath units and two 1‑bedroom/1‑bath units; Approximately 18,650 square feet; built in 1965; 24 on‑site parking spaces and private decks
