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24598 Sybil Ave Hayward, CA 94542

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For Sale
$4,400,000

14-unit apartment complex near Cal State East Bay with redevelopment potential.

Property size:
9,800 SF

Property Features for 24598 Sybil Ave

General Information

Standard status
Active
Size
9,800 SF

Building Details

Year built
1961
Source: Corcoran

Listing Agent: Matt Aragoni

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hayward Multifamily Investment Opportunity

This 14-unit apartment complex presents a prime investment opportunity in downtown Hayward, situated approximately 1 mile from Cal State University East Bay and 1 mile from Downtown Hayward. The property features fourteen 2-bedroom, 1-bath units, suitable for long-term tenants and student housing. Each unit is separately metered for both electricity and gas. On-site amenities include two coin-operated laundry facilities, ample parking, and a shared backyard with a courtyard and BBQ area. The building exteriors have been recently painted. The location offers convenient access to shopping, dining, parks, the BART station, and public transportation. Major transportation routes including Hwy 92, I-880, I-580, the San Mateo Bridge, and the Dumbarton Bridge are easily accessible. Nearby employment and economic drivers include Cal State University East Bay, Hayward Unified School District, Chabot College, St. Rose Hospital, Alameda County, Illumina, Impax Laboratories, Pentagon Technologies, Plastikon Industries, Ultra Clean Technology, and Kaiser Permanente. Located within the Mission Blvd Corridor Neighborhood (MBCN) Specific Plan Area, the property offers redevelopment potential with mixed-use possibilities and the potential to double the number of units under current zoning. The property size is 9800 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hayward
County
Alameda
State
California
Longitude
-122.0749521
Latitude
37.6630203

FAQs

What type of property is this?
Apartment building - 14-unit apartment complex near Cal State East Bay with redevelopment potential.
Where is this apartment building located?
The property is located at 24598 Sybil Ave Hayward, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: - Prime location near Cal State East Bay and Downtown Hayward, ideal for student housing and long-term tenants.; - Significant redevelopment potential with mixed-use possibilities. Potential to double the number of units under current zoning.; - 14 total units, all 2 bed / 1 bath, separately metered for electric and gas.
More about this property
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