$1,050,000
$948,800
10.7%For more information regarding the value of a property, please contact us for a free consultation.
3,012 SqFt
SOLD DATE : 04/11/2018
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $348
MLS Listing ID ML81695486
Sold Date 04/11/18
HOA Y/N No
Year Built 1965
Annual Tax Amount $12,300
Lot Size 6,799 Sqft
Property Description
Marcus & Millichap is pleased to present 708 Pardee Court in Hayward, California. The subject property offers investors an excellent value add opportunity. With rents well below market, the subject property offers true upside potential through the improvement of units and adjusting rents closer to market value. Since the subject property falls below the five unit threshold, it is not subject to Hayward's Rent Stabilization Ordinance (rent control). Hayward is often coined as the "Heart of the Bay" due to its central location within the Bay Area. With access to two Bay Area Rapid Transit (BART) stations, an Amtrak station and ease of access to the 880 freeway and San Mateo Bridge, residents can access major employment hubs in Oakland, San Francisco, the Peninsula and Silicon Valley. Hayward itself is home to employers such as Berkeley Farms, Pentagon Technologies, California State University East Bay and Impax Laboratories to name a few.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Off Street, Unassigned
Garage Spaces 4.0
Garage Description 4.0
Roof Type Composition
Accessibility Other
Total Parking Spaces 4
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 4530035018
Financing Cash
Special Listing Condition Standard
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Bought with Heman Galzie
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Broker Associate | Lic# 01905244