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$3,595,000

19465 Meekland Avenue

Hayward, CA 94541

Under Contract

1957

Year Built

Alameda

County

CommercialSale

Property Type

About this home

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.

Listed by Ray Rodriguez · DRE #01999734 · Compass

MLS #1170793885

ListedMay 29, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total Units12

RoofFlat, Shingle

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingWall Furnace

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total37

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.79 ac

Lot FeaturesPaved

ViewN/A

DirectionsN/A

Community

Area699 - Not Defined

School DistrictOther

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$19,134/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 6:15 PM

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