20317 Wisteria St 10 Unit Apartment Building $2,395,000 ($239,500/Unit) 5.40% Cap Rate Castro Valley, CA 94546

20317 Wisteria Street presents a premier opportunity to acquire a high-performance multifamily asset in one of the East Bay’s most supply-constrained submarkets. Built in 1963 on a 0.30-acre lot, this well-maintained ten-unit property features an optimal mix of nine expansive 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Each residence offers desirable amenities including a private balcony or patio, complemented by on-site laundry facilities and dedicated covered parking. This asset provides a stable, core-plus foundation for private capital investors seeking long-term appreciation in a high-demand rental market.
The property’s strategic location acts as a primary driver for consistent occupancy, situated just steps from the Eden Medical Center and a short distance from the vibrant dining and retail corridor along Castro Valley Boulevard. Offering unparalleled regional connectivity, the asset is located near the Castro Valley BART station with immediate access to Interstates 580 and 238, facilitating efficient commutes to major employment hubs in Oakland, San Francisco, and the Silicon Valley. This offering represents a rare chance to secure a centrally located investment in the heart of the East Bay.