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29324 Dixon St
Hayward, CA 94544
The Grand Townhomes at SoHay' · Multifamily Property For Sale
·
23 Units
Investment Highlights
- 23-unit multifamily property located in Hayward, CA within the East Bay
- Units upgraded with stainless steel appliances and granite countertops
- Strong East Bay fundamentals with access to retail, dining, and entertainment districts
- Well-designed unit mix featuring predominantly two-bedroom townhomes
- Recent interior and exterior renovations, including updated kitchens and baths
- Call listing brokers for more information
Executive Summary
The Grand Townhomes at SoHay offers a rare multifamily investment opportunity in the thriving East Bay city of Hayward, California. This 23-unit community consists of spacious and well-designed floor plans, including two-bedroom townhomes and select one-bedroom units. Strategically positioned on a large parcel of approximately 38,700 square feet, the property features an attractive gated layout, private parking, and an on-site laundry facility.
Significant capital improvements have been recently completed, including modernized interiors with new kitchens featuring granite countertops, stainless steel appliances, and updated bathrooms. These upgrades enhance both the property’s aesthetic and operational efficiency, reducing immediate capital exposure for new ownership.
The property benefits from a central location near major employment corridors, educational institutions, and transportation options. Close proximity to Hayward BART Station, Interstate 880, and Interstate 580 ensures excellent connectivity throughout the Bay Area, including Silicon Valley and San Francisco. This positioning, combined with proximity to employers like Tesla, PG&E, Kaiser, and Facebook, contributes to consistent housing demand and stable rent growth potential.
Significant capital improvements have been recently completed, including modernized interiors with new kitchens featuring granite countertops, stainless steel appliances, and updated bathrooms. These upgrades enhance both the property’s aesthetic and operational efficiency, reducing immediate capital exposure for new ownership.
The property benefits from a central location near major employment corridors, educational institutions, and transportation options. Close proximity to Hayward BART Station, Interstate 880, and Interstate 580 ensures excellent connectivity throughout the Bay Area, including Silicon Valley and San Francisco. This positioning, combined with proximity to employers like Tesla, PG&E, Kaiser, and Facebook, contributes to consistent housing demand and stable rent growth potential.
Property Facts
| Price Per Unit | $445,952 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.71% | Lot Size | 0.89 AC |
| Gross Rent Multiplier | 11.72 | Building Size | 23,522 SF |
| No. Units | 23 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 2.15/1,000 SF |
| Zoning | RH, Hayward | ||
| Price Per Unit | $445,952 CAD |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| Gross Rent Multiplier | 11.72 |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 23,522 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.15/1,000 SF |
| Zoning | RH, Hayward |
Amenities
Unit Amenities
- Heating
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 750 |
| 1+1 | 2 | - | 420 |
| 2+1.5 | 13 | - | 1,000 |
Property Taxes
| Parcel Number | 078C-0438-020-00 | Improvements Assessment | $6,445,635 CAD |
| Land Assessment | $1,742,703 CAD | Total Assessment | $8,188,338 CAD |
Property Taxes
Parcel Number
078C-0438-020-00
Land Assessment
$1,742,703 CAD
Improvements Assessment
$6,445,635 CAD
Total Assessment
$8,188,338 CAD
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