20353 Park Way
$16,500,000
—
45,476
45,476
$363
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,...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.
- Listed by Keith Manson • DRE #01490046 • Brokerage DRE #00409987 • CBRE
- Listed by Zachary W Greenwood • DRE #01960296 • Brokerage DRE #00409987 • CBRE
Property Details for 20353 Park Way
Parking Features
Off Street
Cross StreetCastro Valley Boulevard
Total Parking Spaces81
LISTING UPDATED: 10/22/2024 12:32 PM
Property Details for 20353 Park Way
Status | Active |
---|---|
MLS # | 424075446 |
Days on Compass | 60 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1964 |
Lot Size | 1.88 AC / 81,701 SF |
County | Alameda County |
Building Information for 20353 Park Way
Stories2Residences52Year Built1964Building Size-Lot Size1.88 AC / 81,701 SF
Property Information for 20353 Park Way
Property History for 20353 Park Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 20353 Park Way
Taxable ValueLand$3,387,468Additions$10,649,488Total$14,036,956
Tax Record2024$199,687 ($16,641 / month)
Home Facts
Total Finished SqFt45,476 SqFtAbove Grade Finished SqFt45,476 SqFtStories2Lot Size81,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyALAMEDAAPN84A-181-42
Schools near 20353 Park Way
This home is within Castro Valley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Stanton Elementary School PublicK to 5 | ||
Canyon Middle School Public6 to 8 | ||
Creekside Middle School Public6 to 8 | ||
Redwood Continuation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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