20353 Park WAY Active Save Request In-Person Tour Request Virtual Tour
Castro Valley,CA 94546
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