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23924 2nd St
Hayward, CA 94541

Cinnamon Apartments · Multifamily Property For Sale · 30 Units

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 23,754 SF
Average Occupancy 93%
No. Stories 3
Year Built 1988
Parking Ratio 1.68/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Hardwood Floors

Site Amenities

  • Laundry Facilities
  • Grill
  • Bicycle Storage

About 23924 2nd St , Hayward, CA 94541

The Cinnamon Apartments, 23924 2nd Street, Hayward, is a premier apartment building constructed in 1988. Both its construction and location make this a superior Hayward apartment complex. The complex is a three story wood frame building built over a poured concrete parking garage. The podium style construction is superior both in its design and construction relative to most apartments in the surrounding area. The property has a stucco exterior with exterior walkways. Due to the property’s age, it is exempt from the Hayward Rent Control Ordinance. The Cinnamon apartments has an excellent unit mix consisting of 10 large 2 bedroom 2 bath, 10 large 2 bedroom and 1.25 bath, and 10- 1 bedroom 1 bathroom apartments. All the apartments have spacious layouts with large balconies and views. Many have expansive views over the Castro Valley. All the apartments have been extensively and beautifully renovated. There are 40 parking spaces, a large BBQ area with views, elevator, and laundry facilities for the residents. There are common area laundry facilities. The complex has handicap access. This top Hayward location boasts great views coupled with its walking distance proximity to downtown Hayward. Public transportation, shopping, and many restaurants nearby. Downtown BART and Hayward’s city offices are under 1 mile away. The combination of 1988 superior construction, no rent control, great unit mix, beautiful apartments with views and top Hayward location makes the Cinnamon Apartments a rare and valuable long term investment for the discriminating investor.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 $2,025 730 - 750
2+1 10 $2,200 810 - 850
2+2 10 $2,350 810 - 900

PROPERTY TAXES

zoning

Zoning Code R-H
  • Listing ID: 13970390

  • Date on Market: 10/4/2018

  • Last Updated:

  • Address: 23924 2nd St, Hayward, CA 94541