The Pinza Group, Inc. has brokered the sale of 25013-25021 Cypress Avenue in Hayward, California. The property consists of 18 apartment units comprised of 16 1bd/1bth units and 2 2bd/1.5bth units. The property was built in 1962 of slab foundation, and stucco exterior with a flat roof. 25013-25021 Cypress Avenue consists of approximately 12,904 rentable square feet and over a half acre lot. The property boats on site, coin operated laundry, one to one parking, and private storage for each unit.
The property was sold off market for $1,600,000, with The Pinza Group, Inc. representing the Buyer and Seller. The property was 100% vacant and had significant deferred maintenance. The real estate Broker, Steven Pinza, states “This is by far the best deal to have sold in Hayward in the past two years. Based on the Buyer’s ability to take on this type of deal, and my relationship with the Seller and knowledge of the market as a whole, we were happy to make this happen.”
About The Pinza Group, Inc:
The Pinza Group is an investment real estate company built on a strong foundation of integrity, dedication, and experience which allows us to provide significant value to existing and future clients. Since The Pinza Group focuses exclusively on investment real estate, all of our efforts and resources are spent researching, brokering, and underwriting commercial properties in Northern California. The Pinza Group has devoted significant resources to build an effective list of owners, investors, and brokers in the area which has allowed us to create an innovative marketing platform allowing us to deliver incredible value to both owners and investors. For more information please visit: www.PinzaGroup.com