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Berkshire Hathaway HomeServices California Properties

19465 Meekland Avenue, Hayward, CA 94541

$3,595,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Ray Rodriguez | ray.rodriguez@compass.com
Lic#: 01999734
Broker: Courtesy of Compass
Phone: 650-405-0743

Co Listing Agent

Tyler Gonzales | tyler.gonzales@compass.com
Lic#: 02247297
Broker: Courtesy of Compass
Phone: 707-534-8708

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82049141

Price: $3,595,000

Rental Rate: $3,595,000

Lot Size:

HOA Fee is $0.00

Built in 1957

0.79 acres

County: Alameda

Zoning: RS D3

Lot description: Paved

Heating description: Wall Furnace

Last Updated: 6/5/2026

Days On Market (DOM): 21

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Lat/Long: 37.677885, -122.112038.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

7.00% Cap Rate property on two parcels in unincorporated Hayward. 12-unit asset across two parcels consisting of nine single-story buildings delivering a low-density, residential feel that drives long-term tenant retention. Meticulously maintained and owner-managed for 30+ years. The unit mix includes (1) 3BD/2BA SFR, (3) 3BD/2BA, (2) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA, capturing demand from families to professionals. All units feature private patios, in-unit W/D hookups, individual water heaters, and separate gas and electric metering. A Livability bill-back program is in place and 37 parking spaces (14 tandem + 9 single) are included. Capital improvements include roofs replaced within the last two years, a new sewer main, newer asphalt, updated subpanels in select units, and double-pane windows throughout. Select units have been renovated with updated baths, new countertops, and marble flooring, with additional upside remaining through continued modernization. 10 of 12 units are eligible for rent increases, offering an immediate path to stronger cash flow. The rear of the site presents ADU development potential under current California legislation, providing an opportunity to expand income and asset value without acquiring new land.

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