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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

Sustainability

Energy Star Certified
99
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

Property Taxes

Property Taxes

Parcel Number
453-0060-020-06
Land Assessment
$4,900,000
Improvements Assessment
$10,693,000
Total Assessment
$15,611,612
  • Listing ID: 29962569

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: 27467 Manon Ave, Hayward, CA 94544

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