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$3,020,000
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Property Description
13 UNIT APPARTMENT with Excellent Investment Opportunity! This property features a well-maintained 13-unit apartment building with 12 units currently occupied, offering immediate and consistent cash flow. Twelve spacious units feature 2-bedroom, 1.5-bath layouts, each designed with back patios and a balcony off the bedroom, highly desirable amenities that support strong tenant demand and retention. One additional unit is a studio. The property includes a large grassy common area, a convenient on-site laundry facility, and ample on-site parking for residents. The front exterior has been recently painted with new siding and stained shingles, enhancing curb appeal. Several units have been updated, creating a clear added value. The property has an oversized expansive lot with room for many opportunities plus convenient freeway access, strong East Bay rental demand, and proven income performance. Investors can capitalize on monthly rental income potential of over $27,000 per month, rent optimization, and full stabilization to increase long-term returns. With a solid unit mix, strong occupancy, and upside potential, this property presents an attractive opportunity for investors seeking stable income today with growth potential tomorrow.
Full Property Details
Full Property Details for 21371 Garden Ave
General
- Sold For: $3,020,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41121377
- Added to Site: 106 day(s) ago
Interior
- Appliances: Dryer, Washer
- Flooring: Tile, Vinyl, Carpet, Other
Parking
- Parking Features: Parking Lot
Location
- Area: Listing
- County: Alameda
- Subdivision: Other
- Driving Directions: A Street to Garden Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Water District
Structural Information
- Exterior Const.: Stone, Stucco, Other
- Roof: Other
- Windows: Window Coverings
- Living Area: 11,692 Sq. Ft.
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.73
- Lot Dimensions: 31798.8
- Lot Features: Other
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $274
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Property ID: 43216211
Listed by Rinetti & Co., REALTORS®, Jeannine Rinetti
Sold by Marcus & Millichap, Adam Richardson
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Schools
Schools serving 21371 Garden Ave
School District:San Lorenzo Unified School District
| Name | Grades | Distance |
|---|---|---|
Lorenzo Manor Elementary School 18250 Bengal Avenue, Hayward, CA 94541 | K-5 | 0.6 mi |
Bohannon Middle School 800 Bockman Road, San Lorenzo, CA 94580 | 6-8 | 0.8 mi |
San Lorenzo High School 50 East Lewelling Boulevard, San Lorenzo, CA 94580 | 9-12 | 1.6 mi |
Arroyo High School 15701 Lorenzo Avenue, San Lorenzo, CA 94580 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21371 Garden Ave
Date
Details
Price
Change
Source
4/30/2026
Sold
$3,020,000
-5.57%
MLS
1/21/2026
Listed
$3,198,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21371 Garden Ave, Hayward, CA 94541 (MLS# 41121377) is a Commercial Residential Facility property that was sold at $3,020,000 on April 30, 2026. Want to learn more about 21371 Garden Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Hayward? You can browse all Hayward real estate or contact a Coldwell Banker agent to request more information.

