$12,056,000

550 Berry Avenue, Hayward CA, 94544

Price per sqft$388.83

Built in1960

Property size31,006 sqft

Property typeCommercial

Listed by Don Sung CA DRE# 01935797 with Colliers Parrish International, Inc. 650-380-5188

Overview

Active

Listed Sep 17, 2026

Updated 5 days ago

OVER $1 MILLION PRICE REDUCTION! DON'T WAIT. THIS DEAL WON'T LAST. Rarely Available 44 Quality Units in Desirable Jackson Triangle Neighborhood. Peaceful Setting: Amongst Single Family Homes. Quiet Street, Minimal Thoroughfare Traffic. CAP Rate: In-Place 6.75% / Pro-Forma: 8.00%. GRM: In-Place: 9.85 / Pro-Forma: 8.54. Cost/Unit: $248,000/Unit. Cost/SF: $352/SF. Pride-of-Ownership Property. Excellent Curb Appeal. Fully Secured Building. Gated-Community. Park-Like Setting / Secured Perimeter. Unit Mix: (26) Spacious 1 Bedroom/1 Bath (Â±663 SF) Units. (18) Spacious 2 Bedroom/1 Bath (Â±765 SF) Units. Secured Center Courtyard w/ Numerous Tenant Amenities. Durable Rents w/ Upside: Low Historic Vacancy. Low Tenant Turnover. Solid Cashflow. Reposition Ideas: Add Dishwashers, Recessed Lighting, Flooring Upgrades. Capital Improvements: Dual-Pane Windows, Water Heaters, Landscape Lighting, Exterior Painting, Etc. Excellent Connectivity & Access to Major Employers: Public Transit: 1.8 Miles From the Hayward BART Station (9-Minute Bike Ride / 12 Minutes by Bus). Commute: Easy Access to Major Freeways (Highways 92, 880, and 84). Major Employers: Short Commute to Major Employers. East Bay: Tesla, Kaiser, UC Berkley, and More. Peninsula: Visa, Meta, Google, and More

Additional information

MLS^® ID: ML82061756

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.4 Acres

Other Property Details

Taxes: $145,806
Tax Frequency: Annually
Maintenance Expense: $39,600

Also listed on MLSLISTINGS

Listed by Don Sung CA DRE# 01935797 with Colliers Parrish International, Inc. 650-380-5188

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/2/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/2/2026 at 5:21 AM UTC Last Checked: 5:21 AM UTC