$2,925,000
9,640 Sqft
32,884 Sqft

152 Smalley Avenue, Hayward, CA 94541

  • Commercial Sale Property Type
  • 208 Days Days On Market
  • 1974 Year Built
Property Description

152 Smalley Ave is an exceptional 12-unit value-add apartment community located in the thriving city of Hayward, California. Situated on a large parcel of land totaling 32,884 square feet, the subject property was originally constructed in 1974 and has a gross building area of approximately 9,640 square feet, offering tenants beautifully designed three-bedroom, two-bedroom, and one-bedroom floor plans. 152 Smalley Ave is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland (9 miles), The Peninsula (11 miles), The Tri-Valley (15 miles), Silicon Valley (22 miles), and San Francisco (24 miles). The major transportation corridors of Interstate 880, Interstate 580, the San Mateo- Hayward Bridge, and several BART stations make commuting to these major transpiration centers convenient for tenants. Additionally, the subject property benefits from the discounted rental market in Hayward compared to the surrounding rental markets of Fremont, Dublin, Milpitas, and Foster City with market rents ranging from 16% to 49% higher. This relative affordability and proximity to core Bay Area jobs and amenities should continue to drive robust demand in the rental market and promote landlord pricing power in the near and long term.

Basic Details
Commercial Sale
Other
Pending
ML81971316
$2,925,000
208
9,640 Sqft
1974
32,884 Sqft
0.75 Acre
Pending
Features
: Wall Furnace
: None
: Attached
Address Map
CA
Alameda
Hayward
94541
Smalley Avenue
152
W123° 54' 0.2''
N37° 40' 7.9''
RS
Additional Info
Marcus & Millichap
Robert Johnston
robert.johnston@marcusmillichap.com
Pending
Public
For Sale
Price History
02/07/2025
10/30/2024
06/27/2024
$2,860,000
$0
Additional Information
9640
Listing Information
2025-01-22T11:30:06Z
Adam S. Levin
Marcus & Millichap
BayEast
MLL478732
MLL88226
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    Mallik Reddy Kesari
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    Sriram Akella
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    Rekha Mahalingam
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