Property Details
About this Property
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.
MLS Listing Information
MLS #
SF424075446
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
58
Interior Features
Kitchen
Varies by Unit
Appliances
Freezer, Oven - Electric, Oven Range - Electric
Flooring
Carpet, Varies by Unit, Vinyl
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Electric, Wall Furnace
Exterior Features
Roof
Bitumen
Pool
Community Facility
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Complex Amenities
Community Pool
Contact Information
Listing Agent
Keith Manson
CBRE
License #: 01490046
Phone: (510) 874-1919
Co-Listing Agent
Zachary Greenwood
License #: 01960296
Phone: (510) 874-1918
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 51 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
20353 Park Way is a Residential Income in Castro Valley, CA 94546. This 45,476 square foot property sits on a 1.875 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $16,500,000 and was built in 1964. This address can also be written as 20353 Park Way, Castro Valley, CA 94546.
©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of October 22, 2024. For the most current information, please contact Keith Manson, (510) 874-1919
