152 Smalley Avenue , Hayward, CA 94541
Hayward, CA 94541
Description
152 Smalley Ave is an exceptional 12-unit value-add apartment community located in the thriving city of Hayward, California. Situated on a large parcel of land totaling 32,884 square feet, the subject property was originally constructed in 1974 and has a gross building area of approximately 9,640 square feet, offering tenants beautifully designed three-bedroom, two-bedroom, and one-bedroom floor plans. 152 Smalley Ave is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland (9 miles), The Peninsula (11 miles), The Tri-Valley (15 miles), Silicon Valley (22 miles), and San Francisco (24 miles). The major transportation corridors of Interstate 880, Interstate 580, the San Mateo- Hayward Bridge, and several BART stations make commuting to these major transpiration centers convenient for tenants. Additionally, the subject property benefits from the discounted rental market in Hayward compared to the surrounding rental markets of Fremont, Dublin, Milpitas, and Foster City with market rents ranging from 16% to 49% higher. This relative affordability and proximity to core Bay Area jobs and amenities should continue to drive robust demand in the rental market and promote landlord pricing power in the near and long term.
Details
| MLS# | ML81971316 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 77 |
| Listing Provided By | Marcus & Millichap (650) 391-1700 | Robert Johnston |
Features
| SQ Feet | 9,640 |
|---|---|
| Building(s) | 3 |
| Zoning | RS |
| Acreage | 0.75 |
Market Activity 94541
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Hayward |
| Zip Code | 94541 |
| Area | 699 Not Defined |
| Listing VS Median (in 94541) | |
Price: $2,860,000 low | high Med: $794,000 SqFt: 9,640 low | high Med: 1,407 $ / SqFt: $297 low | high Med: $569 On Site: 77 low | high Med: 91.500000 | |