19465-19477 Meekland Ave, Hayward, CA 94541
Twelve separately metered units across eight single-story buildings with private patios and 37 parking spaces.
- Added:
- May 29, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 6 at 5:57 am
Property Features for 19465-19477 Meekland Ave
General Information
- Standard status
- Active
- Size
- 9,877 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1957
Listing agent Tony Zizzo License #CA#01962093
Listing office Compass Commercial Real Estate (415) 345-3000
Listing date May 29, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Compass Commercial Real Estate
HighLights
- 12‑unit multifamily across two parcels, with eight single‑story buildings and private patios for all units
- Unit mix: (1) 3 bed/2 bath, (3) 3 bed/2 bath, (4) 2 bed/1 bath, and (2) 3 bed/1 bath, plus (2) 1 bed/1 bath units
- Recent improvements include roof replacements within the last two years and double‑pane windows across every unit
- Utilities: all units are separately metered for gas and electricity, each has its own water heater, and each unit has in‑unit washer/dryer hookups
- Parking for 37 vehicles, including 14 tandem stalls and 9 single stalls
- Value‑add opportunities: 10 of 12 units are eligible for rent increases, and ADUs may be added at the rear under current CA ADU legislation
Overview
Recent capital updates include roof replacements within the last two years using pitched composition roofs with wood frame stucco construction. There is also newer asphalt throughout and a new sewer main. Select units have recently updated subpanels, while the remaining electrical subpanels are a mixture of Blakeman Brothers, Square D, and Murray panels. Double-pane windows are present across every unit. Select units have been renovated with updated bathrooms, new countertops, new faucets, and marble flooring.
The property provides a total of 37 parking spaces, including 14 tandem stalls and 9 single stalls. Per the offering, 10 of the 12 units are eligible for rent increases. The site also has rear-area potential for additional detached accessory dwelling units (ADUs) under current California ADU legislation, which could broaden future income options for an incoming owner.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $367.4k | $37.20 |
| − Vacancy | −$19.1k | −$1.93 |
| EGI | $348.3k | $35.27 |
| − OpEx | −$156.7k | −$15.87 |
| NOI | $191.6k | $19.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.1121743
- Latitude
- 37.6776233
