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257 Poplar Ave 12 Unit Apartment Building $4,300,000 ($358,333/Unit) 5.80% Cap Rate Hayward, CA 94541

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Investment Highlights

  • TURNKEY GARDEN APARTMENTS
  • OWNED SOLAR
  • CARPORT PARKING
  • UPGRADED BALCONIES & RAILINGS - SB721 COMPLIANT
  • ONSITE LAUNDRY & STORAGE

Executive Summary

257 POPLAR AVE IS AN EXTREMELY WELL-MAINTAINED, SB 721 COMPLIANT 12-UNIT APARTMENT COMMUNITY LOCATED IN UNINCORPORATED HAYWARD WITHIN THE HIGH-DEMAND EAST BAY RENTAL MARKET. BUILT IN 1974, THE PROPERTY SITS ON A GENEROUS 24,600 SF LOT (.56 ACRES) AND INCLUDES 13,397 SF
OF BUILDING AREA WITH A BALANCED MIX OF 1-, 2-, AND 3- BEDROOM FLOOR PLANS WITH SHARED LAUNDRY... THE PROPERTY ALSO OFFERS OWNED SOLAR FOR THE MASTER ELECTRIC. OVER $125,000 IN RECENT UPDATES WITH FRESH EXTERIOR PAINT, UPGRADED BALCONIES & RAILINGS.

Property Facts

Price $4,300,000
Price Per Unit $358,333
Sale Type Investment
Cap Rate 5.80%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.56 AC
Building Size 17,660 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1974/2020
Parking Ratio 1.3/1,000 SF
Zoning RSD20, Alameda Cnty

Amenities

Unit Amenities

  • Balcony
  • Refrigerator
  • Carpet
  • Deck
  • Double Pane Windows
  • Lawn

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 800
2+1 3 - 1,000
2+2 2 - 1,250
3+2 6 - 1,250

Property Taxes

Property Taxes

Parcel Number
429-0091-043-02
Land Assessment
$527,515
Improvements Assessment
$1,230,870
Total Assessment
$1,758,385
  • Listing ID: 39578606

  • Date on Market: 2/25/2026

  • Last Updated:

  • Address: 257 Poplar Ave, Hayward, CA 94541

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