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Listed by Ralph Watkins III • Watkins Real Estate
Bought with Anna Huang Ying Huang, Broker
Bought with Anna Huang Ying Huang, Broker
$ 2,550,000
$ 2,650,000 3.8%
Est. payment /mo
Sold on 05/15/2026
21806 Meekland Ave Hayward, CA 94541
10,017 SqFt
UPDATED:
Key Details
Sold Price $2,550,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,017 sqft
Price per Sqft $254
Subdivision Cherryland Dist.
MLS Listing ID 41106923
Sold Date 05/15/26
HOA Y/N No
Year Built 1940
Lot Size 0.565 Acres
Property Sub-Type 5 or More Units
Source BAY EAST
Property Description
Back On Market. No Fault of Seller. Excellent investment in Hayward's coveted ‘Cherryland District'! Known for its central location and ease of access, Hayward is Dubbed the ‘Heart of the Bay Area'. The Property is in an Unincorporated Area of Hayward, Alameda County. The property generates an in place, stabilized 5.66% Cap Rate and provides Excellent upside potential with a Proforma Cap Rate Over 8%!! The property offers investor's a prime multi-family unit mix. Ideally situated with a 3 bed/1 bath SFH located at the front of the property and directly in the rear there are 13 uniform 2 bed/1 bath units. The front Single Family Home is equipped with garage and laundry. Additional, allocated parking for rear units is plentiful and off-street. Tenants enjoy a central location with easy access to multiple freeways and sources of public transportation and less than 2 miles to Hayward BART and the vibrant Downtown Hayward!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Linoleum, Partial Carpeting
Fireplace No
Building
Lot Description Court, Level
Water Public
Others
Special Listing Condition Offer As Is
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