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Listed by Don Sung • Colliers Parrish International, Inc. • 408-282-3800
$ 12,056,000
Est. payment /mo
New
550 Berry Avenue Hayward, CA 94544
31,006 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 31,006 sqft
Price per Sqft $388
MLS Listing ID ML82061756
HOA Y/N No
Year Built 1960
Lot Size 1.400 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Rarely Available 44-Unit Multifamily Asset in Desirable Jackson Triangle Neighborhood. Peaceful Setting: Amongst Single Family Homes. Quiet Street, Minimal Thoroughfare Traffic. CAP Rate: In-Place 6.00% / Pro-Forma: 7.41%. GRM: In-Place: 10.6 / Pro-Forma: 9.2. Cost/Unit: $274,000/Door. Cost/SF: $389/SF. Pride-of-Ownership Property. Excellent Curb Appeal. Fully Secured Building. Remote-Controlled Main Entry Gate. Gated-Community. Park-Like Setting / Secured Perimeter. Excellent Curb-Appeal. Unit Mix: (26) Spacious 1 Bedroom/1 Bath ( 663 SF) Units. (18) Spacious 2 Bedroom/1 Bath ( 765 SF) Units. Secured Center Courtyard w/ Numerous Tenant Amenities. Durable Rents w/ Upside: Low Historic Vacancy. Low Tenant Turnover. Solid Cashflow. Reposition Ideas: Add Dishwashers, Recessed Lighting, Flooring Upgrades. Capital Improvements: Dual-Pane Windows, Water Heaters, Landscape Lighting, Exterior Painting, Etc. Excellent Connectivity & Access to Major Employers: Public Transit: 1.8 Miles From the Hayward BART Station (9-Minute Bike Ride / 12 Minutes by Bus). Commute: Easy Access to Major Freeways (Highways 92, 880, and 84). Major Employers: Short Commute to Major Employers. East Bay: Tesla, Kaiser, UC Berkley, and More. Peninsula: Visa, Meta, Google, and More
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Hardwood
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Building
Water Public
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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