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20421-20499 Anita Ave
Castro Valley, CA 94546
Stratus Apartments · Multifamily Property For Sale
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39 Units
Investment Highlights
- Loan Assumption Provides Immediate 7.24% Cash-on-Cash Return (2.82% Interest Rate Until June 2030)
- Commuter friendly location just four blocks from BART, two blocks from bus transit, and easy access to Hwy 580 just three minutes away
- Excellent unit mix, with high end condo-quality interior finishes
- High end property renovation completed with meticulous attention to detail on both building exterior and unit interiors
- More than $2,400,000 recently spent on property improvements by current owners
- Ideal location surrounded by abundant entertainment, shopping and restaurants all within three blocks
Property Facts
| No. Units | 39 | Lot Size | 1.12 AC |
| Property Type | Multifamily | Building Size | 30,192 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2018 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Zoning | C1 | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 30,192 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2018 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | C1 |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Patio
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 563 |
| 2+1 | 6 | - | 803 |
| 2+1.5 | 24 | - | 734 |
| 3+2 | 3 | - | 962 |
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