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27467 Manon Ave
Hayward, CA 94544
Solstice Apartments · Multifamily Property For Sale · 37 Units

Investment Highlights

  • CONTACT CBRE FOR MORE INFORMATION OR TO SCHEDULE A TOUR
  • NEARLY $2.25 MILLION SPENT ON EXTERIOR AND INTERIOR CAPITAL IMPROVEMENTS WITH A FOCUS ON ESG FRIENDLY ENVIRONMENTALLY SUSTAINABILITY
  • HAYWARD AVERAGE RENT IS EXPECTED TO GROW NEARLY 22% OVER THE NEXT 5 YEARS AND REMAINS ONE OF THE MOST AFFORDBALE RENTAL MARKET IN THE BAY AREA
  • ATTRACTIVE ASSUMABLE FINANCING - 35-YEAR FIXED RATE INTEREST AT 3.33% WITH MINIMAL ASSUMPTION FEES
  • 92% OF UNITS HAVE BEEN RENOVATED WITH CONTEMPORARY FINISHES - CURRENT AVERAGE RENT OF $3,064
  • LOCATED IN THE GEOGRAPHIC CENTER OF THE BAY AREA WITH ACCESS TO ALL MAJOR BAY AREA EMPLOYMENT CENTERS

Property Facts

No. Units 37
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 1.89 AC
Building Size 38,941 SF
Average Occupancy 78%
No. Stories 2
Year Built/Renovated 1964/2018
Parking Ratio 2.08/1,000 SF
Zoning RM - Medium Density Residential

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Freezer
  • Linen Closet
  • Vinyl Flooring

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 - 1,200
3+2 36 - 1,200

Property Taxes

Property Taxes

Parcel Number
453-0060-020-06
Land Assessment
$3,432,933
Improvements Assessment
$6,371,050
Total Assessment
$9,834,583
  • Listing ID: 29962569

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: 27467 Manon Ave, Hayward, CA 94544

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