771 Memorial Way

Hayward, CA 94541

$2,350,000
Last Sold Price
3
Beds
32
Baths
4,800 Sq. Ft.
$490 / Sq. Ft.
4,800
Sq. Ft.
$490
per Sq. Ft.

Description

Rare Opportunity to acquire an amazing 8-unit building in an ideal location close to public transportation and downtown. This rare trophy property offers four 2 bedroom and four 1 bedroom units. The property has a coin-operated laundry, carport parking, and a spacious lot. You will find plenty of street parking and situated close to major highways. Drive by only. Hurry, this will go quick!Rare Opportunity to acquire an amazing 8-unit building in an ideal location close to public transportation and downtown. This rare trophy property offers four 2 bedroom and four 1 bedroom units. The property has a coin-operated laundry, carport parking, and a spacious lot. You will find plenty of street parking and situated close to major highways. Drive by only. Hurry, this will go quick!
  1. Listed by JASON GURTOVOY • DRE #02141432 • Brokerage DRE #02074427 • PROFESSIONAL REALTY SVC. INT'L

Property Details for 771 Memorial Way

View
City Lights
Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4800
Assessor Parcel Number
432002812901

Location

Listing Courtesy of PROFESSIONAL REALTY SVC. INT'L, JASON GURTOVOY, DRE #02141432

Sold By NONMEMBER MRML, General NONMEMBER, DRE #00819052

Add your commute
LISTING UPDATED: 02/01/2022 07:07 PM

Property Details for 771 Memorial Way

StatusClosed
MLS #CV21193922
Days on Compass96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1962
Lot Size0.23 AC / 10,100 SF
CountyAlameda County

Location

Listing Courtesy of PROFESSIONAL REALTY SVC. INT'L, JASON GURTOVOY, DRE #02141432

Sold By NONMEMBER MRML, General NONMEMBER, DRE #00819052

Add your commute

Building Information for 771 Memorial Way

Stories2Residences-Year Built1962Building Size-Lot Size0.23 AC / 10,100 SF

Payment Calculator

$15,532 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

$2,707

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 771 Memorial Way

Rental Info
Rental Info
  • Tenant Pays: Electric
Income / Expense / Tax Details
Income Details
  • Gross Income: $172,462
  • Gross Scheduled Income: $172,462
  • Vacancy Allowance: 5174
  • Gross Operating Income: $167,288
  • Net Operating Income: $109,356
  • Cap Rate: 5.78%
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $57,933
  • New Taxes Expense: $36,133
  • Gardener Expense: $960
  • Fuel Expense: $0
  • Licenses Expense: $496
  • Electric Expense: $2,100
  • Insurance Expense: $3,000
  • Maintenance Expense: $1,725
  • Professional Management Expense: $6,899
  • Other Expense: $0
  • Trash Expense: $3,300
  • Water Sewer Expense: $3,600
  • Total Expenses: $57,933
Tax / Assessment Info
  • Tax Annual Amount: $20,000
  • Tax Block: 1
  • Tax Census Tract: 4369.00
  • CFD/Mello-Roos Fee: $3,428
  • Tax Lot: 5,6
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Free Standing Refrigerator, Varies By Unit, Free Standing Oven/Range
  • Basement: None
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included
  • Cooling: None
  • Heating: Other Heat
  • Flooring: Partial Carpeting
Exterior Features
  • Window Features: Window Coverings
  • Construction Materials: Wood Siding
  • Exterior: Wood Shingles
  • Roof: Composition Shingles
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Sprinkler System
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Elevation: 0
  • Levels: Two
  • Water: Other
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 8
  • Parking Features: Attached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $86,231
  • Unit Type Total Rent: $86,231
  • Unit Type Pro Forma: 95124
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $86,231
  • Unit Type Total Rent: $86,231
  • Unit Type Pro Forma: 95124
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 771 Memorial Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 771 Memorial Way

Taxable ValueLand$734,400Additions$1,656,480Total$2,390,880
Tax Record2023$32,479 ($2,707 / month)
Home Facts
Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories2Lot Size10,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyALAMEDAAPN432-28-129-1

Schools near 771 Memorial Way

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 PROFESSIONAL REALTY SVC. INT'L, JASON GURTOVOY, DRE #02141432

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.