- 356-360
Blossom Way, Hayward (Cherryland)
-
Tucked
away on long driveway off Blossom Way (behind 354 Blossom Way).
- 2 Detached Homes
on 1 Lot! Includes land to build another 1 to two more homes.*
-
- Driveway &
utilities easy access. Zoning "2100 MULTI, 2-4 SINGLE FAMILY
HOMES"
- Total lot size
0.27 acre. Parcel
# 429001408100
-
- List Price $530,000
as of 6-30-08
- (was 580,000, 605,000, $650,000
and $799,000 before that)
- Marketed by Gordon Phillip
Allen - 800-837-3999
-
- 356
Blossom: 3 bedrooms/ 1 bath, 1,058 SqFt (not measuraed/guaranteed)
- 360
Blossom: 3 bedrooms / 1 bath, 1,058 SqFt (not measuraed/guaranteed)
- 6+
Off-street Parking Spaces
- Rents
are super low below market ($850 per house). Current market rents
$1200 each.
- Sewer line to back, possibly water,
electricity also from back house. Gas line goes to back of front
house.
- No one has researched if this lot could
be subdivided, but it doesn't matter, because existing zoning
allows up to 3-4 units. If you could subdivide, even larger profit
possible.
-
- Room
to build a 3rd home or duplex in rear if a zoning variance is
approved through Alameda County to RSD30 (currenly RSD35). Call County
planning.
-
- Drive
by only, walk to rear home, make offer subject to inspection.
Subject to 1031 exchange.
-
- Market Analysis Reports
- 1) Comparing other "two homes
on 1 lot" listings...
- 1a) Summary of all Active, Pending & Closed Hayward
Duplex Listings (all do not
have extra building area for a 3rd/4th units)
- 1b) Detail of these 18 listings.
- Closed Sales....
- 23249 Jorgensen is highest sale at $670K, two 2/1 only 815
SqFt each attached via 1 enclosed garage each, all remodeled,
some freeway noise. old sale, went pending 5/2007. lot size not
available.
- 23691 Ida
$544K went pending 8/1/2007 1000 SqFt each attached via 1 car
garage, total .20 acre, short sale (pre-foreclosure)
- 224 Culp,
pending sale, was $479K, reduced to 429K, .15 acre lot, "Duplex
each unit has separate yard, 228 has a detached cottage great
for in-laws, college student etc. 2- 2 bedroom 1 bath homes +
detached building with 3 rooms total: large family room, 2 other
rooms & 1/2 bath. Lots of street parking."
-
- Active Listings...
BT Units Address Orig Price Prev Price LP Acres LotSF Park BR Bth SqFt Prk BR Bth SqFt Prk Days On Market
TW 2 770 HARMONY DR $475,000 449000 $449,000 0.14 6050 4 3 2 1200 2 1 1 600 2 73
TW 2 1352 D ST $451,900 $451,900 0.15 7000 2 2 1 850 1 1 1 700 1 63
TW 2 22903 GRAND ST $490,000 $490,000 0.11 5000 1 2 1 1 2 1 33
DU 2 855 W SUNSET BLV$550,000 $550,000 0.20 8927 4 2 1 2 2 1 2 66
TW 2 1817 Hill Avenu $565,000 $565,000 0.19 8652 2 2 1 920 1 2 1 920 1 14
TW 2 21908 Victory D $629,989 575000 $575,000 0.00 7469 4 3 1 1020 2 2 1 900 2 61
DU 2 22626 &22628 6TH $620,000 579888 $579,888 0.17 7500 2 2 1 975 1 2 1 975 1 111
TW 2 418 HARRIS RD $595,000 $595,000 0.11 6500 4 2 1 900 2 3 2 1440 2 126
TW 2 1315 171 STREET $599,000 $599,000 0.00 5500 3 2 1 1047 1 540 153
TW 2 616 CHERRY WAY $599,950 $599,950 0.00 0 12 2 1 6 3 1 6 76
TW 2 20832 WESTERN B $599,950 $599,950 0.13 5490 4 2 1 800 2 1 1 600 1 40
These two above are contiguous, across from elevated BART Tracks.
DU 2 1526 Highland B $728,777 679777 $679,777 0.41 18000 2 2 1.5 1183 1 2 1.5 1183 1 147
TW 2 390 Smalley Ave $825,000 705000 $705,000 0.00 0 4 2 1 2 2 1 2 120
Priced reduced!Two houses on almost a half an acre, a must see!! Builders and Developers come see!388 has some upgrades.
Separate meters, tenants pay all utilities. Ck w city for expansion/sub division pos."
County shows 3 bed 1 ba on .20 acre lot built 1943 + 2 bed/1 ba on .26 acre lot built 1955, both are
zoned "2100 MULTI, 2-4 SINGLE FAMILY HOMES"
TW 2 21455 Meekland $800,000 739000 $739,000 0.31 13650 4 4 1 1150 2 2 1 750 2 95
"REDUCED $40,000! CALLING ALL INVESTORS! Move into one unit, rent the other. Front house rented to long long
term tenant. Worth MUCH more than current rent! Back house vacant. Huge lot, zoned 2100, 2-4 units.
Buyer to verify zoning. Plenty of room behind back house. SOLD AS IS
- 2) Comparing other lot listings. Only 2 lot sales since
1-1-07.
- E St is for single family, sold $275,000,
different area (Fairview). ignorin gthis one.
- 448 Grove is R35, 1/2 block west of
BART. sold $415,000 6-26-07. 8060 SqFt lot, .16 acre. Close by.
Zoning stated to be "RSD3." 28 days on market.
-
- 3) 4 unit detached dwellings:
Out of many, only 1 for sale, and 1 sold that are anywhere near
comparable:
- Active 635 Hampton Rd $725,000
0.37 acre, 16,218 SqFt, 3bed/1ba 920SF and four 1bed/1ba 700SF,
age unknown, 177 days on market.
- "BEST MONEY MAKING PROPERTY IN
HAYWARD, SELLER CAN CARRY 2ND. THERE IS A HUGE VACANT AREA IN
BACK OF UNITS TO POSSIBLY ADD MORE UNITS. CHECK WITH COUNTY"
-
- Closed 630 SHEPHERD AVE List
price $875,000, sold at $857,500 06/02/2007 0.39acre, four 3
bed/1 ba detached homes, 650 SqFt each only. age unknown. 38
+ 12 days to sell.
- "Rare Opportunity! Four, Three
Bed / One Bath Homes On One Lot! Nice private yards, attached
garages, Washer/Dryer Hook-Ups, High Rents, Clear Pest Report!
Great Location, Offers As Written (Subject to Inspection OK)
Just appraised for $885K!"
- Subject Property Expenses...
- Annual utility expenses (not paid by
tenant) $ WATER, BECAUSE ONLY ONE WATER LINE GOES TO HOUSES $600/yr,
$50/mo
Annual taxes $2500
Annual License expenses NONE, WAS RECINDED BY A NICE CLERK ABOUT
THREE YEARS AGO.
- Subject Property Features...
- 356
360
Dishwasher NO NO
Disposal NO NO
Frig NO, tenants YES
Range/Oven NO, tenants YES
Laundry:
room BIG ROOM IN GARAGE
gas or elec BOTH GAS
washer NO ?
dryer NO NO
Satellite dish YES, tenants YES, tenants
TV Antenna NO NO
Cable TO HOUSE TO HOUSE
Fireplace NO NO
Exterior WOOD WOOD
Hardwood flrs ? ?
Carpet YES YES
Linoleum KITCHEN KITCHEN
Wall heat YES NO
Floor furnace NO YES
- Copyright
2007 © Gordon Phillip ALLEN REALTORS®.
All rights reserved.
- Do
not duplicate or distribute in any form.