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The Grewal Team

The Grewal Team
Magnum Realty & Investments
Hayward, CA 94542

510-259-1867
Harry's Cell: 510-673-9772
Daman's Cell: 510-468-4960

Contact Us
CA BRE#01310884

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Listing 13 out of 102
$5,300,000 For Sale

944 Walpert St
Hayward, CA 94541

18 units | Multi Family Home
0.62 acres - MLS# 40872767 Courtesy of Century 21 Tower Realty, Angie Kim
Property Photo
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Description

Built in 1967, this striking 18-unit apartment community in the Hayward Hills is comprised of a 3-story building with excellent mix of 9 one bedroom & 9 two bedroom units, nestled in a vibrant area of the Mission-Foothill neighborhood. Each unit has private balcony/patio, with 6 units featuring sweeping vistas. Some units feature bathroom skylights and/or ceiling fans. Onsite laundry on 1st & 3rd floors. Includes: elevator, garbage chute, and 2 large gas broilers. Freshly painted modern exterior. Parking has 18 covered/8 open spaces. Ideally located across from Hayward Memorial Park (Hayward Plunge Trail), within .9 mile to South Hayward BART Station, 1.4 miles to the California State University, East Bay. It is also close to HWY. 237,880,580,92, and abundant shopping, dining, and entertainment options. All units separately metered for electricity. Owner currently pays for water and garbage. The address shown is 944 Fletcher Lane (current County record listed as: 944 WALPERT STREET).

Features

  • Property Type: Multi Family Home
  • Sub Type: Lowrise (1-3 Flrs)
  • Listing Status: Active
  • County/Area: Alameda County
  • Zip Code: 94541
  • Year Built: 1967
  • Age: 52
  • Sq.Ft.: 14,202 sq ft
  • Units: 18 units
  • # of Parking Spaces: 26
  • Lot Size: 0.62 acres
  • Accessibility: Elevator
  • Addtl Features Misc.: Balcony/Patio, Wired For Cable TV, Elevator, Garden, Lawn Sprinkler
  • All Units Have: Disposal, Patio, Oven Range Free Standing, Refrigerator, Other
  • Annual Gross Sched Inc: 341368
  • Annual Mgmt Exp: 21013
  • Annual Misc Inc: 10633
  • Annual Rent Inc: 330735
  • Annual Taxes: 35451
  • Annual Util Exp: 33590
  • Apx Lot Sq Ft: 27087
  • Cap Rate: 4.27
  • Cooling: Ceiling Fan(S)
  • Equipment Additional: Fire Alarm System, Fire Sprinklers, Other
  • Exterior: Stucco
  • Flooring: Concrete Slab, Tile, Vinyl, Carpet
  • Gross Income: $341,368
  • Gross Oper Actual Inc: 341368
  • Heating: Radiant
  • Laundry: Coin Operated, Common Room, Community Facility, Dryer, Laundry Equip - Owned, Washer
  • Lot Description: Irregular
  • Net Oper Income: $226,508
  • On-Site Parking Desc: Carports - 2 Or More, Covered Parking, Guest Parking, Space Per Unit - 1
  • Operating Expenses: Accounting/Legal, Electric, Gas, Insurance, License/Ads, Maintenance/Repair, Management, Miscellaneous/Other, Property Tax/Assessments, Trash Removal, Utilities, Water
  • Roof: Rolled Composition
  • Separate Meters: Electric
  • Some Units Have: Updated Baths
  • Tenant Pays: Electric
  • Tot Ann Oper Exp: 114860
  • Unit # 1 # Of Bathrooms: 1
  • Unit # 1 # Of Bedrooms: 1
  • Unit # 2 # Of Bathrooms: 1
  • Unit # 2 # Of Bedrooms: 2
  • Unit 1 # Units This Type?: 9
  • Unit 2 # Units This Type?: 9
  • Water/Sewer: Sewer System - Public, Water - Public
Courtesy of Century 21 Tower Realty, Angie Kim



The Grewal Team | 510-259-1867 | Contact Us
118 Carrick Cir - Hayward, CA 94542
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