1036 A St Hayward, CA 94541-4126
- Office buildings
- 13,240 SF
- 0.47 lot acres
Current Use by Public Records
- R J. Denney, MA / Doctor
- 4 Your Business Inc / Computer Store
- Beyond the Bay Property Management / Property Management Company
- Hayward Group / Attorney Referral Service
- Silver Star Firm / Administrative Attorney
Property Details for 1036 A St
- Year built
- 1959
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.47 lot acres
- Property size
- 13,240 SF
- Property type
- Office buildings
- APN
- 428-61-17-2
- APU
- 42861172
Description
This three-story, 13,700-square-foot office building in Hayward, CA, presents a compelling investment opportunity. Located at 1036 A St, in the desirable North Hayward/Castro Valley Corridor, this property boasts excellent visibility and signage due to its location on a major arterial. Built in 1965, the brick-framed building features a flat tar and gravel roof and concrete slab foundation. The 0.48-acre lot includes a gated parking area with approximately 37 spaces, accessible from A Street and Maple Court. Currently, three floors are vacant, offering a strong repositioning opportunity. The property is zoned CG, allowing for office and storefront retail uses. With a Net Operating Income (NOI) of $51,499 and an asking price of $2,850,000, the cap rate is 1.81%. The property's APN is 428-0061-017-02. Significant redevelopment is underway in the immediate vicinity, further enhancing the property's long-term value. This is an exceptional chance to acquire a well-located asset with significant upside potential in a thriving area. The building consists of 628 units.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $415,000
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Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.083
- Latitude
- 37.6748
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
