25039 Cypress Ave Hayward, CA 94544
Well-maintained 9-unit multifamily property with renovation upside.
Property size:
5,904 SFProperty Features for 25039 Cypress Ave
General Information
- Standard status
- Active
- Size
- 5,904 SF
Building Details
- Year built
- 1962
Source:
Corcoran
Listing Agency: COMPASS Listing Agent: Ray Rodriguez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Multifamily Asset in Hayward
The property at 25039 Cypress Ave is a well-maintained, recently renovated 9-unit multifamily asset located in one of the East Bay's most dynamic rental submarkets. The property consists of one 2-bedroom, 1.5-bathroom townhouse with two dedicated parking spaces, a private backyard, and a balcony, in addition to eight 1-bedroom, 1-bathroom apartment units. Select units feature outdoor amenities, including two first-floor units with private backyards and six second-floor units with balconies and extra storage conveniently located in the tuck-under carports. The asset has seen meaningful capital improvements, including a new vinyl roof in 2021, new fascia, and double-pane windows, along with 9 covered parking spaces. With original kitchens and varying interior finishes, investors are presented with an immediate opportunity to renovate units and capture rental upside. Strategically positioned near CSU East Bay and a strong regional employment base, the property benefits from consistent rental demand and long-term market fundamentals. Additionally, the building may offer potential to convert tuck-under parking into additional units without replacement parking requirements under SB 1211 (buyer to verify), providing an additional upside component beyond standard unit upgrades. The property size is 5904 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.0875414
- Latitude
- 37.6509381
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FAQs
What type of property is this?
Apartment building - Well-maintained 9-unit multifamily property with renovation upside.
Where is this apartment building located?
The property is located at 25039 Cypress Ave Hayward, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - Recently renovated 9-unit multifamily asset in a dynamic East Bay rental submarket.; - Includes a 2BR/1.5BA townhouse with 2 dedicated parking spaces, private backyard, and balcony.; - Features (2) 1BR/1BA units with private backyards and (6) 1BR/1BA units with balconies and extra storage.
