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Investment Highlights

  • Built in 1988
  • 100% Two Story 900 SF townhomes with private patios, covered parking, and individual storage
  • Strong rental demand with Cal State East Bay directly EAST (15,000 students)
  • Hayward Hill submarket- low density with protected open space.
  • Strong in place cash flow with upside
  • Turnkey, low management investment

Executive Summary

SHOWING SCHEDULE: THURS 7/9 | 11AM-1PM
EMAIL AGENT FOR ACCESS TO DISCLOSURES
Kidder Mathews is pleased to exclusively present Townhomes at Hill, a rare turnkey multifamily investment opportunity comprising 11 two-bedroom/one-bathroom townhome units situated in the highly coveted Hayward Hills submarket of the East Bay. Located at 1821 Hill Avenue, the asset occupies a premier position within one of the East Bay's most resilient and in-demand rental corridors. The property's distinctive architectural character and thoughtfully designed floor plans deliver the spacious, townhome-style living that today's discerning renters actively seek.
Each residence features generous natural light, open and functional floor plans, and private patio areas equipped with dedicated outdoor storage and pantry space. Residents benefit from covered parking with individual storage units, complemented by seven dedicated guest parking spaces. Other upgrades include in-unit dishwashers, breakfast/dining nook areas, and individual water heaters conveniently housed in exterior closets. A dedicated on-site laundry facility, housed in a separate building, further enhances the resident experience and provides an additional revenue opportunity for ownership.
Townhomes at Hill represents a compelling, low-management investment with strong in-place cash flow and significant value-add potential in a supply-constrained submarket.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,349,413
Price Per Unit $304,492
Sale Type Investment
Cap Rate 6.30%
Gross Rent Multiplier 10.72
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.00 AC
Building Size 14,702 SF
Average Occupancy 95%
No. Stories 2
Year Built 1988
Parking Ratio 1.45/1,000 SF
Zoning R-M, Hayward

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 11 $2,509 899 - 1,001
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
416-0230-006-02
Land Assessment
$716,859
Improvements Assessment
$1,759,563
Total Assessment
$2,476,422
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41099187

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 1821 Hill Ave, Hayward, CA 94541

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