21788 Thelma Street

Hayward, CA 94541

$7,000,000
Last Sold Price
Beds
23,841 Sq. Ft.
$294 / Sq. Ft.
23,841
Sq. Ft.
$294
per Sq. Ft.

Description

PORTFOLIO DEAL CONSISTING OF (1) 15-UNIT AND (3) FOURPLEXES ON FOUR SEPARATE PARCELS. 21788, 21800, 21812 & 21824 Thelma St is a stunning portfolio consisting of 27-units located in the thriving city of Hayward, California. Situated on four parcels of land totaling 29,419 square feet, the subject properties were originally constructed in 1964/1965 and have a combined gross building area of approximately 23,841 square feet, offering tenants and residents beautifully designed three-bedroom, two-bedroom...PORTFOLIO DEAL CONSISTING OF (1) 15-UNIT AND (3) FOURPLEXES ON FOUR SEPARATE PARCELS. 21788, 21800, 21812 & 21824 Thelma St is a stunning portfolio consisting of 27-units located in the thriving city of Hayward, California. Situated on four parcels of land totaling 29,419 square feet, the subject properties were originally constructed in 1964/1965 and have a combined gross building area of approximately 23,841 square feet, offering tenants and residents beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans. 21788, 21800, 21812 & 21824 Thelma St are on their own individual parcels of land, allowing for prospective buyers to have the flexibility for their exit strategy, such as individually parceled fourplex sales.
  1. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap • 650-391-1744
  2. Listed by Adam S. Levin • DRE #01462752 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 21788 Thelma Street

MLS City Name
HAYWARD
Building Type
Other
Garage Spaces
0
Parking Spaces
33

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

Sold By Marcus & Millichap, Eymon Binesh, DRE #02060059

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LISTING UPDATED: 01/10/2024 01:13 PM

Property Details for 21788 Thelma Street

StatusSold
MLS #ML81924414
Days on Compass139
Taxes$99,997 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1964
Lot Size0.68 AC / 29,419 SF
CountyAlameda County

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

Sold By Marcus & Millichap, Eymon Binesh, DRE #02060059

Add your commute

Building Information for 21788 Thelma Street

Stories-Residences-Year Built1964Building Size-Lot Size0.68 AC / 29,419 SF

Payment Calculator

$46,535 per month

30 year fixed, 7.25% Interest

Principal and Interest

$38,202

Property Taxes

$8,333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21788 Thelma Street

Features
Features
  • Fireplace: No
  • Living SqFt: 23841
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 27
Garage
  • Garage and Parking: Carport, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 27
  • Area Text: Hayward
  • Restrictions: None
  • Roof: Flat / Low Pitch, Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 21788
  • Street Name: Thelma
  • Street Suffix: Street
  • Area ID: 3400
Lot / Property Details
Building Information
  • Number of Buildings: 6
  • Structure SqFt: 23841
  • Structure SqFt Source: Other
  • Age: 59
Development Information
  • Zoning Detail: RH
Location Information
  • Parcel Number: 432-0028-152
  • County Name: Alameda
  • City Name: HAYWARD
  • City Postal ID: 127
  • Postal Code: 94541
  • Elementary School District: 1368
  • High School District Text: Hayward Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .68
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 27
General Information
  • Annual Tax Amount: $99,997
  • Capitalization Rate: 5.46
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $10,601
  • Expense Landscape: $4,775
  • Expense Maintenance: $13,500
  • Expense Management: $24,079
  • Expense Trash: $10,017
  • Expenses Other: $4,779
  • Expenses Utility: $35,722
  • Expenses Total: $203,470
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities, Other
  • Gross Rent Multiplier: 11.75
  • Income Annual Gross: $601,695
  • Income Annual Rental: $610,896
  • Income Gross Scheduled: $620,304
  • Income Other: $9,408

Property History for 21788 Thelma Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21788 Thelma Street

Taxable ValueLand$521,362Additions$1,767,330Total$2,288,692
Tax Record2023$36,426 ($3,036 / month)
Home Facts
Total Finished SqFt12,747 SqFtAbove Grade Finished SqFt12,747 SqFtStories2Lot Size19,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyALAMEDAAPN432-28-152

Schools near 21788 Thelma Street

This home is within Hayward Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Longwood Elementary School
PublicK to 6

Anthony W. Ochoa Middle School
Public7 to 8

Mount Eden High School
Public9 to 12

Leadership Public Schools - Hayward
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.