Kite Hill Real Estate - East Bay Investment Experts

Sold
2780 Ganic Street Castro Valley, CA 94546
Sold Price $1,525,000
List Price $1,575,000
beds
0 baths
3,636 sq ft

Courtesy of Aman Giri, Kite Hill Real Estate.

Contact Me to Learn More

Jatin Mehta

Jatin Mehta

Broker

LIC#02045713

Property Description

To access marketing package copy/paste: https://bit.ly/KiteHillCRE. This classic midcentury fourplex in Castro Valley presents an excellent mix of units, including one 3-bed, two 2-beds, and one 1-bed apartment, each with one full bath and separately metered for gas and electric. 100% occupied, generates $7,400/month with 36% upside. Recent upgrades include new roofing, windows, and updated kitchens with granite countertops. With more than 3,600 SqFt of living space, residents enjoy coin-operated laundry and garage parking for four vehicles–as well as four additional driveway spots for tandem parking! Located in one of the best school districts in Alameda County, this property is situated in an ideal commuter location, close to 580 and walking distance to BART–putting all of the East Bay well within reach. If you’re looking for a multifamily property with huge upside potential you won’t want to miss this investment opportunity.

Property Details & Features

Property Type

  • Fourplex

Year Built

  • 1959

Schools

  • Castro Valley (510) 537-3000

Basement

  • None

House

  • Building type: FOURPLEX
  • $4 total units
  • Built in 1959
  • $3,636 building square feet

Cooling

  • No Air Conditioning

Exterior Features

  • Dual Pane Windows

Floors

  • Tile
  • Carpet

Heating

  • Wall Furnace

Laundry

  • Coin Operated
  • Laundry Equip – Owned

Listing

  • Listed on 2021-06-22
  • Sale/rent: For Sale
  • Status: Sold
  • $433 per square foot
  • Total deposits: 0
  • Month to Month

Location

  • Area: Castro Valley
  • Cross street: Wisteria St
  • Directions to property: Exit 34 from I-238S, follow Castro Valley Blvd
  • County: Alameda

Lot

  • Approximately 0 acres
  • Lot is approximately $5,000 square feet
  • Level
  • Back Yard

Miscellaneous

  • Annual vacancy expense: $0
  • Annual maintenance expense: $0
  • Annual rental income: $91,140
  • Annual misc. income: $0
  • Annual gross fee income: $0
  • Gross operating income: $0
  • Annual gross sched. Income: $0
  • Net operating income:
  • Annual insurance expense: $0
  • Annual management expense: $0
  • Annual utility expense: $0
  • Other annual expense: $0
  • Total operating expense: $0
  • Storage Area(s)
  • Electric
  • Garbage Collection
  • Gas
  • Insurance
  • Maintenance/Repair
  • Property Tax/Assessments
  • Trash Removal

Parking

  • $8 total parking spaces
  • Off Street Parking

Roof

  • Flat

Schools

  • School district: Castro Valley (510) 537-3000

Taxes

  • Annual taxes: $0

Utilities

  • Electric
  • Gas

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