19465 Meekland AVE, Hayward, CA 94541

$3,595,000
9,877
SqFt

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Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tyler Gonzales from Compass

List Price
$3,595,000
Closing Date
Sep 25, 2026
MLS#
ML82049141
Status
CONTINGENT
Sqft. of Residence
9,877
Lot Size
34,500
Listing Area
Hayward
Year Built
1957

Property Description

7.00% Cap Rate property on two parcels in unincorporated Hayward. 12-unit asset across two parcels consisting of nine single-story buildings delivering a low-density, residential feel that drives long-term tenant retention. Meticulously maintained and owner-managed for 30+ years. The unit mix includes (1) 3BD/2BA SFR, (3) 3BD/2BA, (2) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA, capturing demand from families to professionals. All units feature private patios, in-unit W/D hookups, individual water heaters, and separate gas and electric metering. A Livability bill-back program is in place and 37 parking spaces (14 tandem + 9 single) are included. Capital improvements include roofs replaced within the last two years, a new sewer main, newer asphalt, updated subpanels in select units, and double-pane windows throughout. Select units have been renovated with updated baths, new countertops, and marble flooring, with additional upside remaining through continued modernization. 10 of 12 units are eligible for rent increases, offering an immediate path to stronger cash flow. The rear of the site presents ADU development potential under current California legislation, providing an opportunity to expand income and asset value without acquiring new land.

Additional Information

Amenities
Other
Cooling System
Other
Energy Features
Double Pane Windows
Floor Covering
Laminate, Tile
Foundation
Concrete Slab, Crawl Space
Garage Parking
Tandem Parking, Uncovered Parking
Heating System
Wall Furnace
Laundry Facilities
Hookups Only
Living Area
9,877
Lot Description
Paved
Lot Size
34,500
Neighborhood
Hayward
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Flat / Low Pitch, Wood Shakes / Shingles
Sewer
Sewer - Private
Zoning
RS D3

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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