Five Unit Multifamily Property in Hayward Trades for $1.275MM

Hayward, CA (July 29, 2019) – The Pinza Group, the leading East Bay Multifamily Sales Brokerage and 2018’s Top Multifamily Sales Brokerage in the East Bay according to CoStar, has announced the sale of a five unit multifamily property located at 184 A St in Hayward, CA. Steven Pinza, Esq (President of The Pinza Group) had the exclusive listing and was able to procure multiple offers before closing at $1.275MM, a high price per door for a property with all one bedroom units. 

184 A Street in Hayward presents a unique opportunity for any investor to purchase a turn key, five unit multifamily building in a non rent controlled jurisdiction. 184 A Street consists of five 1bd/1bth units, which includes a 1bd/1bth detached cottage. Each unit has been remodeled with new kitchens, bathrooms, flooring, and windows. Further there is on site, coin operated laundry, drought efficient landscaping, and ample parking. Each unit is occupied by Abode Services, who pays all rent and utilities for the property, and have leased each unit through January of 2020. This presents a rare opportunity to sit back and enjoy the cashflow without any management oversight. 

The Pinza Group, Inc was named as the 2014, 2015, 2016, 2017, and 2018 Top Real Estate Sales Brokerage by CoStar, and is the only privately held investment real estate brokerage to receive the prestigious award in 2014, 2015, 2016, and 2017. The Pinza Group is a full service investment real estate sales firm located in Walnut Creek, California.  

The Pinza Group sold over 50 apartment buildings in 2018, has already completed 35 apartment building sales in 2019, and has 15 apartment buildings in escrow. The Pinza Group can provide you with a free, no obligation estimate of value on any of your properties.