Triplex with Assigned Parking and
For Sale
$1,349,888
21585 Montgomery St, Hayward, CA 94541
MULTI_FAMILY - Hayward, CA
Property Size2,483 SF
Lot Size0.14 Acres
Price / SF$543.65
Days on Market46
Property Features for 21585 Montgomery St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 7, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 2
Parking features
Off Street, Carport
Window features
Window Coverings
Interior features
Storage Area(s)
Exterior features
Storage
Fencing
Fenced
Fireplace
1
Appliances
Dryer, Washer, Gas Water Heater
Subdivision
Cherryland
Lot features
Level, Rectangular Lot
Elementary school district
Hayward (510) 784-2600
High school district
Hayward (510) 784-2600
Directions
Mission Blvd/Grove Way/Montgomery St
Standard status
Active
APN
42869
Size
2,483 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Wall Furnace
Water source
Public
Amenities
newer furnace
newer windows
newer flooring
newer interior paint
gas stove
refrigerator
washer
dryer
detached storage closets
Building Details
Year built
1930
Number of units
3
Flooring type
Linoleum, Laminate, Tile
Building materials
Stucco
Roof type
Composition
Additional Structures
Storage
Listing Agency:
KW Advisors · Keller Williams Realty
(510) 796-7900
Listed By:
Steve Pierce
(510) 409-2727
Added: Jun 21
Changed: Aug 2
Last Checked: Aug 5 at 8:06PM
MLS# 41139129
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex offers three fully rented units with a maintained interior and a range of updated finishes and in-unit amenities. Each unit includes gas stove and refrigerator, washer and dryer, and detached storage closets for added convenience. The property also features forced-air and wall furnace heating options, a composition roof, stucco exterior, and flooring including linoleum, laminate, and tile. Interior storage area(s) and exterior storage are available, along with a fenced yard. Off-street parking is provided with carport parking.
Located at 21585 Montgomery St in unincorporated Alameda County, the property is close to downtown Hayward, with shopping, a movie theater, restaurants, and coffee shops. The Hayward BART Station is less than 1 mile away. Ownership is subject to Alameda County’s Rent Stabilization Ordinance (which relies on AB1482) and the Alameda County Just Cause Eviction Ordinance.
Built in 1930, this property is serviced by public water and public sewer. It includes a gas water heater, and it is noted as having a fireplace.
Located at 21585 Montgomery St in unincorporated Alameda County, the property is close to downtown Hayward, with shopping, a movie theater, restaurants, and coffee shops. The Hayward BART Station is less than 1 mile away. Ownership is subject to Alameda County’s Rent Stabilization Ordinance (which relies on AB1482) and the Alameda County Just Cause Eviction Ordinance.
Built in 1930, this property is serviced by public water and public sewer. It includes a gas water heater, and it is noted as having a fireplace.
Key Highlights
- Fully rented triplex with three units
- Detached storage closets plus interior and exterior storage
- Off‑street parking with carport and assigned parking
Financial Insights For Multifamily LT 5
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 | $80.4k | $32.40 |
| − Vacancy | −$4.0k | −$1.60 |
| EGI | $76.5k | $30.80 |
| − OpEx | −$22.9k | −$9.24 |
| NOI | $53.5k | $21.56 |
2,483 SF · lease $32.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$764.8K
$669.2K – $892.2K
NOI $53,533 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$688.0K
$602.0K – $802.7K
NOI $48,160 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$767.5K
$671.6K – $895.5K
NOI $53,728 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,290
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully rented triplex with off-street carport parking, fenced yard, and in-unit amenities including gas stove and washer/dryer.
Where is this triplex located?
The property is located at 21585 Montgomery St Hayward, CA.
What is the asking price?
The asking price for this property is $1,349,888.
What are key features of this property?
This property features: Fully rented triplex with three units; Detached storage closets plus interior and exterior storage; Off‑street parking with carport and assigned parking
