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Commercial sold for $4,550,000 in 91 days

21190 Garden Ave Hayward, CA, 94541

Neighborhood: Cherryland

Off the market 5 or More Units

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WOW! Excellent Investment Opportunity! Rarely available with a fantastic layout and unit mix! 2-SF Homes (3 bed / 1.5 bath and a 2 bed / 1 bath) / 1-Duplex (3 bed / 1 bath and 2 bed / 1 bath With garage) / 1- unit above garages (2 bed / 1 bath) / 5 cottage units (ALL 2 bed / 1 bath With garage and covered parking) / 8 townhouse units (ALL 2 bed / 1.5 bath with garage). 18 units total on a 59,829 sq ft. / 1.37 Acre!! Huge upside potential. Raise rents through attrition and updating of units. Institute a RUBS program. Bring this current 5% cap property to 7.95% or more!!! Excellent central location in Hayward (known as 'The Heart of the Bay'). Unincorporated Alameda County. Minutes to 880, 92, 580, BART, shopping and dining!
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Property details

18,092 sqft interior area
Land area
59,829 sqft (1.37 acres)
Address
21190 Garden Ave, Hayward, CA, 94541
City of California
Hayward
County
Alameda
Previous price
$4,950,000
Year Built
1963
Parking Spaces
40
Neighborhood
Cherryland
District
Hayward

Nearby major retailers

Costco
Pet Food Express
O'Reilly Auto Parts
Walgreens
Jiffy Lube
AT&T
7-Eleven
Public Storage
Supercuts
JCPenney
Macy's
Sears
Marshalls
Walmart
Ross
Dollar Tree
The Home Depot
Staples
Kohl's
Ace Hardware
Kmart
Trader Joe's
Safeway
Sears Outlet
See's Candies
GameStop
T-Mobile
AutoZone
Wholesale: 2
Pet: 2
Car parts: 4
Chemist: 1
Car repair: 1
Mobile phone: 2
Convenience: 8
Storage rental: 2
Hairdresser: 1
Department store: 13
Variety store: 3
Do it yourself: 3
Stationery: 1
Supermarket: 2
Confectionery: 1
Video games: 1
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Interior Features

40 parking places, Laminate, Linoleum, Partial Carpeting, Tile, Vinyl, Carpet floors
Roof
Shingle
Floor Covering
Laminate, Linoleum, Partial Carpeting, Tile, Vinyl, Carpet
Garage & Parking
Attached, Carports - 2 Or More, Detached, Tandem
Utilities Included
All Public Utilities, Cable Available, Natural Gas Connected, Individual Electric Meter
Appliances
Free-Standing Range, Refrigerator, Gas Water Heater
Basement
None

Listed by

Ralph Watkins Iii, Watkins Real Estate
Name
Ralph Watkins Iii
License number
00977204
Brokerage company
Watkins Real Estate
MLS #
41027996

Buyer agent

Name
Jon Ahern
Brokerage company
Coldwell Banker Realty

Payment calculator

Calculate your monthly payments
Mortgage
$13,970
Taxes
$0
HOA dues
$0
$13,970 per month
Mortgage
$910,000 / 20%
2.28%
30 years
Your amount $13,970 / month

Exterior Features

Stucco, Frame, Wood Siding construction and more
Construction
Stucco, Frame, Wood Siding

Lot details

TMK #43212113
Lot Description
Level
Parcel nr.
43212113

Cherryland neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Cherryland

46%
Families with children
National average: 39%
29%
Non family households
328,568
Population
$100,431
Average Income

Age & gender

Median age 37 years
More info

Commute types

82% commute by car
More info

Education level

26% have high school education
More info

Number of employees

3% work in education and healthcare
More info

Vehicles available

38% have 2 vehicle
More info

Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for

$856.84k
Neighborhood average
sales price*
$850k
Neighborhood median
sales price*
423
Number
of sales*

Housing type

56% are single detacheds
More info

Rooms

44% of the houses have 4 or 5 rooms
More info

Bedrooms

71% have 2 or 3 bedrooms
More info

Owners vs Renters

55% are owners
More info
15 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Aug 18, 2023

Cherryland Median sales price 2024

Bedrooms Med. price % of listings
No data for selected period
Date Event Price $/sqft Source
Aug 18, 2023 Sold $4,550,000 0 Public Record
Aug 18, 2023 Price Decrease $4,550,000 -8.08% 0 MLS #41027996
Jun 11, 2023 Pending $4,950,000 0 MLS #41027996
May 20, 2023 New Listing $4,950,000 0 MLS #41027996

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Frequently Asked Questions about 21190 Garden Ave

What is 21190 Garden Ave?

21190 Garden Ave is a Commercial/Industrial propertywith 18,092 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

21190 Garden Ave, Hayward, CA, 94541.

What comparable properties are nearby?

Comparable nearby commercial properties include 20161 Royal Ave, 21641 Montgomery St, 1253 A St, 3234 Castro Valley Blvd, 1461 150th Ave, 1371 E 14th St.

Based on information from the bridgeMLS as of 05-03-2024. 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.

Listing last updated on: Aug 23, 2023
Verhouse Last checked 2 minutes ago


The closest grocery stores are Lucky, 1.28 miles away and Lucky's, 1.4 miles away.
The Cherryland neighborhood has a population of 328,568, and 46% of the families have children. The median age is 37.85 years and 82% commute by car. The most popular housing type is "single detached" and 55% is owner.
Commercial Sold $4.55m 21190 Garden Ave, Hayward, CA, 94541 Save House Remove from Saved