25039 Cypress Avenue, Hayward, CA 94544
List Price: $2.25M
Listing Status: Active
0Days on Market: 98
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1962
Lot Size: 11,871 sq ft
Annual Property Tax: $26,379
MLS Number: ML82033785
About This Property
25039 Cypress Ave is a well-maintained, recently renovated 9-unit multifamily asset located in one of the East Bays most dynamic rental submarkets. The property consists of (1) 2BR/1.5BA townhouse with two dedicated parking spaces, a private backyard, and a balcony, in addition to (8) 1BR/1BA apartment units. Select units feature outdoor amenities, including (2) first-floor units with private backyards and (6) 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 (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.
Listing provided by: Ray Rodriguez DRE #01999734 (415) 345-3000 ray.rodriguez@compass.com, Compass
Source: CRMLS, MLS #: ML82033785
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.