21371 Garden Ave, Hayward, CA 94541

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Sold Price
$3,020,000
List Price
$3,198,000
Closing Date
Apr 30, 2026
Status
CLOSED
MLS#
41121377
Year Built
1964
Lot Size
31,650
Acres
0.73
Days on Market
14
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Other

Property Description

13 UNIT APPARTMENT with Excellent Investment Opportunity! This property features a well-maintained 13-unit apartment building with 12 units currently occupied, offering immediate and consistent cash flow. Twelve spacious units feature 2-bedroom, 1.5-bath layouts, each designed with back patios and a balcony off the bedroom, highly desirable amenities that support strong tenant demand and retention. One additional unit is a studio. The property includes a large grassy common area, a convenient on-site laundry facility, and ample on-site parking for residents. The front exterior has been recently painted with new siding and stained shingles, enhancing curb appeal. Several units have been updated, creating a clear added value. The property has an oversized expansive lot with room for many opportunities plus convenient freeway access, strong East Bay rental demand, and proven income performance. Investors can capitalize on monthly rental income potential of over $27,000 per month, rent optimization, and full stabilization to increase long-term returns. With a solid unit mix, strong occupancy, and upside potential, this property presents an attractive opportunity for investors seeking stable income today with growth potential tomorrow.

Additional Information

Appliances
Dryer, Washer
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Exterior Construction
Stone, See Remarks, Stucco
Attached Structure
Detached
Number Of Units Total
13

Listing courtesy of Listing Agent: Jeannine Rinetti (livemorehomes@yahoo.com) from Listing Office: Rinetti & Co., REALTORS®.

Listing sold by Adam Richardson from Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.