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Bobby Kelley

bobbykelley@compass.com +1(650) 885-8383

Listed by Ray Rodriguez, DRE #01999734 • Compass

$ 2,175,000

Est. payment | -/mo

3 Beds

2.5 Baths

5,904 SqFt

Save

$ 2,175,000

Est. payment | -/mo

Save

3 Beds

2.5 Baths

5,904 SqFt

Open House

Tue Jun 09, 12:00pm - 1:30pm

Thu Jun 11, 12:00pm - 1:30pm

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,904 sqft

Price per Sqft $368

MLS Listing ID ML82033785

Style Flat

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1962

Lot Size 0.273 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

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.

Location

State CA

County Alameda

Area Hayward

Zoning RH

Rooms

Kitchen Oven Range - Electric

Interior

Heating Wall Furnace

Cooling Other

Flooring Laminate

Laundry Coin Operated

Exterior

Parking Features Covered Parking, Uncovered Parking

Garage Spaces 2.0

Utilities Available Individual Electric Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Slab

Sewer Sewer - Private

Water Private / Mutual

Architectural Style Flat

Others

Tax ID 443-0070-046

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 885-8383

bobbykelley@compass.com

891 Beach St, San Francisco, CA, 94109, USA

25039 Cypress AVE Hayward, CA 94544