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26525 Gading Rd
Hayward, CA 94544
Westwood Apartments · Multifamily Property For Sale
·
42 Units
Investment Highlights
- Premium Unit Mix of 2-Bedroom Townhouse Style Unit
- Desirable In Place Cash Flow
- Laundry Facility On-Site & Recreation Room
- Ample On-Site Parking
- Private Backyard in All Units
- Well Maintained Buildings
Executive Summary
Westwood Townhouses; a 42-unit apartment community on 26525 Gading Road in Hayward, CA. Nestled near major highway arteries such as I-580 & I-238, I-880, and CA-92 the property benefits from easy access to the Silicon Valley, Peninsula, San Francisco, and Downtown Oakland. The neighborhood is close to Downtown Hayward, home to a myriad of high-end dining, entertainment, and shopping options in the area.
Built in 1964, Westwood Townhouses feature (42) residential units - all 2-Bedroom / 1-Bath units. The property has gated access, ample on-site parking, and an on-site laundry room. Unit amenities include private backyards, vinyl dual pane windows, engineered hardwood & tile flooring, range and refrigerator. Westwood Townhouse is about a 10-minute drive from Hayward & South Hayward Bart Stations. In addition, the asset is about 4 miles from the 1-Million Sq Ft lifestyle center, Union Landing which is home to over 70 stores, restaurants, and services.
Built in 1964, Westwood Townhouses feature (42) residential units - all 2-Bedroom / 1-Bath units. The property has gated access, ample on-site parking, and an on-site laundry room. Unit amenities include private backyards, vinyl dual pane windows, engineered hardwood & tile flooring, range and refrigerator. Westwood Townhouse is about a 10-minute drive from Hayward & South Hayward Bart Stations. In addition, the asset is about 4 miles from the 1-Million Sq Ft lifestyle center, Union Landing which is home to over 70 stores, restaurants, and services.
Property Facts
| Price Per Unit | $305,952 | Lot Size | 1.51 AC |
| Sale Type | Investment | Building Size | 49,992 SF |
| Cap Rate | 5.54% | Average Occupancy | 100% |
| No. Units | 42 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RM, Hayward | ||
| Price Per Unit | $305,952 |
| Sale Type | Investment |
| Cap Rate | 5.54% |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.51 AC |
| Building Size | 49,992 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.45/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM, Hayward |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Heating
- Refrigerator
- Oven
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 42 | - | 950 |
Property Taxes
| Parcel Number | 454-0025-126-01 | Improvements Assessment | $4,054,960 |
| Land Assessment | $2,432,976 | Total Assessment | $6,504,022 |
Property Taxes
Parcel Number
454-0025-126-01
Land Assessment
$2,432,976
Improvements Assessment
$4,054,960
Total Assessment
$6,504,022
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