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Listed by Adam S. Levin • Marcus & Millichap
$6,150,000
Est. payment /mo
16,856 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 16,856 sqft
Price per Sqft $364
MLS Listing ID ML82030414
HOA Y/N No
Year Built 1965
Lot Size 0.863 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
20324 Forest Ave is an exceptional 20-unit apartment community located in the highly desirable city of Castro Valley, California. Situated on a 37,600 square foot parcel, the property was originally constructed in 1965 and features approximately 16,856 square feet of gross building area, offering well-designed two-bedroom townhouse floor plans. Ideally positioned in the heart of the East Bay, the property provides a commuter-friendly location with convenient access to Oakland, San Francisco, and San Jose, while still offering a tranquil residential setting. Castro Valley is one of the most sought-after communities for young families due to its strong school system, short commute times, and abundant nearby shopping, dining, and entertainment options. Easy access to the San MateoHayward Bridge and Dumbarton Bridge allows for a seamless commute to Silicon Valley, home to major employers such as Google, Facebook, Apple, Salesforce, Visa, and Sony. Supported by strong employment fundamentals and historically low vacancy levels, 20324 Forest Ave presents an attractive investment opportunity with a world-class location near major employers, transportation corridors, and lifestyle amenities.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
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