List Search

19477 Meekland Ave
Cherryland, CA 94541 Cherryland

$3,595,000 USD

Multifamily For Sale  •  9,877 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 9,877 SF
  • Lot Size 0.79 AC
  • Year Built 1957
  • Cap Rate 7.00 %
40 Transit Score
50 Walk Score

Highlights

True pride-of-ownership 12-unit asset in unincorporated Hayward — meticulously self-managed and owned by the same family for over 30 years.
Low-density configuration on two parcels — (1) 3 Bed/2 Bath SFH (3) 3 bed/2 bath, (2) 3 bed/1 bath, (4) 2 bed/1 bath, and (2) 1 bed 1 bath
Major capital improvements — new roofs within the last 2 years, new sewer main, newer asphalt, and double-pane windows in every unit.
Highly efficient operating profile — separately metered for gas & electric, individual water heaters, and utility bill-back program through Livable.
ADU Potential - Ability to build an additional dwelling unit in back parking lot of 19477 Meekland Ave.
Additional Ammenities - In-unit washer/dryer hookups, and spacious patios.

Financial Summary (Actual)

Net Operating Income: $251,625 USD (2025)
Cap Rate: 7.00 %
Total Expenses: $107,984 USD

Amenities

  • 24 Hour Access
  • Washer/Dryer Hookup
  • Gas Range
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.2 mi
3 min - 1.2 mi
AirportDriveWalkDistance
Metro Oakland International 14 min - 8.5 mi
San Francisco International 33 min - 24.0 mi
Norman Y Mineta San Jose International 38 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Ray Rodriguez 626-483-5136 Compass Commercial
Ray Rodriguez 626-483-5136 Compass Commercial