Homes for sale - 20353 Park WAY, Castro Valley, CA 94546

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Rebecca Brooks

rebeccabrooks@epique.me +1(415) 717-8398

Listed by Keith Manson CBRE

$16,500,000

Est. payment - /mo

81 Beds

45,476 SqFt

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UPDATED:

10/22/2024 08:38 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 45,476 sqft

Price per Sqft $362

MLS Listing ID 424075446

Bedrooms 81

HOA Y/N No

Year Built 1964

Lot Size 1.876 Acres

Acres 1.8756

Property Description

Park Tower Townhomes & Apartments is a premier 52-unit multifamily investment opportunity nestled in the heart of Castro Valley, CA next to Eden Medical Center.Situated in one of the most coveted submarkets in the East Bay, this property offers a rare chance to acquire a multifamilyasset with more than 50 units in a highly desirable location. The property boasts spacious units with an avg. size of 808 SF, featuring a diverse unit mix to suit various tenant needs, including studios, 1-bedroom apartments, 2-bedroom, 1.5-bathroom townhomes, and 3-bedroom, 2.5-bathroom townhomes. With 89% of the units renovated to showcase contemporary finishes such as stone countertops, stainless steel appliances, luxury vinyl flooring and in-unit laundry, the property commands an impressive avg. in-place rent of $2,402. Sixunits remain in classic condition and provide opportunity forrental income upside. The property featuresan array of upscale amenities, including a recently renovated gym, a heated swimming pool with outdoor lounging areas, community bathrooms that featureshowers andchanging stalls, ample off-street parking, an on-site laundry facility equipped with a Stockwell vending machine and a formal entry lobby/leasing office.

Location

State CA

County Alameda

Area Castro Valley

Rooms

Basement None

Interior

Heating Electric, Wall Furnace

Cooling Ceiling Fan(s)

Flooring Carpet, Vinyl

Fireplace No

Window Features Double Pane Windows

Appliance Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Freezer, Free-Standing Refrigerator, Varies By Unit

Laundry Coin Operated, Common Area, In Unit, Washer/Dryer Hookups

Exterior

Pool Outdoor Pool

Roof Type Asphalt

Total Parking Spaces 81

Building

Lot Description Other

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Others

Tax ID 084A0181042

Acceptable Financing Other

Listing Terms Other

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Rebecca Brooks

+1(415) 717-8398

San Francisco Bay Area Team Leader | License ID: 1249870

San Francisco Bay Area Team Leader License ID: 1249870

20353 Park WAY Castro Valley, CA 94546

Rebecca Brooks

Rebecca Brooks

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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20353 Park WAY