Property Overview:
201 & 197 Sunset Blvd present a unique investment opportunity in the Cherryland neighborhood of Hayward, CA (ZIP 94541). This multi-family property consists of two separate parcels with a combined lot size of approximately 24,600 sq. ft. (0.56 acres) and a total of five units. The main building at 201 Sunset Blvd offers 1,452 sq. ft. of living space on a 12,301 sq. ft. lot, built in 1940. The property is listed for $850,000 ($585/sqft), with an estimated value of $1,236,000.
Property Features:
- Five total units:
- Two 2-bedroom, 1-bath units (each with a garage)
- Two 1-bedroom, 1-bath units
- One non-conforming studio (308 sq. ft.) (estimated market rent: $1,850/mo)
- One trailer home with hookups (previously rented at $500/mo)
- Ample parking for up to seven vehicles
- Two outbuildings for storage
- Large undeveloped rear lot with potential for:
- Family orchard
- Vegetable garden
- Additional rental units (ADUs) (subject to Alameda County planning approval)
- Current occupancy:
- 201 Sunset Blvd is vacant
- Other units to be delivered vacant at close, except unit #199
- Pet-friendly: Dog on premises (friendly, but notify tenant before entry)
- Viewing instructions: Only 201 Sunset Blvd is available for viewing; do not disturb tenants in other units
Investment Highlights:
- Multi-family income property with potential for value-add through development or additional units
- Strong rental income from existing units and potential for increased revenue with ADUs
- Pre-escrow opened with WFG Title, Castro Valley (Escrow #23-165007)
- Listed on Trulia and available for immediate offers (“subject to inspection”)
- Disclosure and property links available for further review
Location Benefits:
- Cherryland neighborhood in Hayward, CA
- Convenient access to local amenities, schools, and transportation
- Growing area with potential for future appreciation