1277 Russell WAY, Hayward, CA 94541
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Nadia Melzer

Nadia Melzer

+1(916) 701-6767
$1,650,000
Est. payment /mo
8,915 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 8,915 sqft

Price per Sqft $185

MLS Listing ID 226053210

HOA Y/N No

Year Built 1964

Lot Size 8,899 Sqft

Acres 0.2043

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

1277 Russell Way is a 12-unit multifamily property in Hayward offering a value-add opportunity for experienced investors. The property features a functional unit mix in an established rental market with convenient access to BART, major freeways (I-880 & I-580), and local amenities. The asset requires significant capital improvements and is best suited for buyers with the expertise and resources to address deferred maintenance and structural issues. This creates the potential to reposition the property through renovation and operational enhancements. The property is being sold in its present as-is'' condition. Buyers are advised to conduct their own investigations regarding the physical condition, including structural components, and all aspects of the investment. Project-oriented opportunity with long-term upside potential following stabilization.

Location

State CA

County Alameda

Area Hayward

Direction From I-580, exit Redwood Rd., continue straight onto A St., Turn right onto 2nd St., turn right on Russell Way; property will be on the right.

Rooms

Other Rooms Unit-1 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Rent: 1800

Interior

Heating Other

Cooling Other

Flooring Carpet, Linoleum

Appliance Gas Water Heater, Free Standing Electric Oven

Laundry Coin Operated, Washer/Dryer Leased, In Common Area

Exterior

Parking Features Covered, Other

Garage Spaces 10.0

Utilities Available Cable Available, Sewer Connected, Electric, Internet Available, Natural Gas Connected

Water Access Desc Public

Roof Type Flat

Total Parking Spaces 15

Building

Lot Description Shape Regular

Story 3

Foundation ConcretePerimeter

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Hayward Unified

Middle Schools Hayward Unified

High Schools Hayward Unified

School District Alameda

Others

Senior Community No

Tax ID 415-0240-030

Special Listing Condition Subject to Court Confirmation

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MetroList® Services, Inc
Listed by Dombroski Realty

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Nadia Melzer

Nadia Melzer

+1(916) 701-6767

Agent | License ID: 02166913

Agent License ID: 02166913

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1277 Russell WAY