Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
Comprising 18 spacious units, a balanced mix of (6) three-bedroom townhomes, (6) two-bedroom townhomes, and (6) two-bedroom flatsthis property captures a wide tenant base seeking quality housing in a thriving community. The flat units each offer private outdoor space, while the townhouse units feature private garages, decks, and backyards providing the kind of livability todays renters crave. 22032 Arbor Avenue sits on a generous 40,250-square-foot lot, offering nearly 16,000 square feet of living area. Each unit is separately metered for gas and electricity, and the property is fully SB721 compliant, exempt from Haywards New Tenant Relocation Ordinance, and RUBS-ready for streamlined utility billing. Investors can also tap into additional upside through garage conversions (SB1211), potential condo conversion, or even ADU development across approximately 24,260 square feet of open space subject to approval. With a projected 12% rental upside, this asset delivers both immediate and long-term performance potential. Add in coin-operated laundry income, low-maintenance construction, and a prime location surrounded by major employers like Tesla, Costco, Walmart, and Kaiser Permanente, and you have an investment positioned for strength and sustainability in any market cycle.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.924
-
Property Type
Commercial Sale
Price
-
Sales Price
$5,850,000
-
Tax Amount
69884.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Alameda
Elementary School
Middle School
High School
Listing Courtesy of Tony Zizzo , Compass
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