Castro Valley, CA 94546,2504 Denning Ct
Castro Valley, CA 94546,2504 Denning Ct
Castro Valley, CA 94546,2504 Denning Ct
Castro Valley, CA 94546,2504 Denning Ct
Castro Valley, CA 94546,2504 Denning Ct
Castro Valley, CA 94546,2504 Denning Ct
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Listed by Joseph Owens • Marcus & Millichap
$ 4,850,000
Est. payment | /mo

6 Beds

2 Baths

15,340 SqFt


Save
$ 4,850,000
Est. payment | /mo
Save

6 Beds

2 Baths

15,340 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 15,340 sqft

Price per Sqft $316

MLS Listing ID EB41107825

Bedrooms 6

Year Built 1961

Lot Size 0.544 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

This rare offering presents an 18-unit apartment complex (15,340 SF) with substantial upside potential, marking its first availability in nearly 20 years. Built in 1961 and strategically located at the corner of Denning Court and Stanton Avenue adjacent to Sutter Health Eden Medical Center, the property features generously sized units averaging 852 square feet with significant private outdoor space - a premium amenity in today's market. The asset's strong operational foundation includes long-term, stable tenancy and meticulous maintenance standards that provide immediate cash flow while positioning the property for significant value creation. The property offers compelling value-add opportunities with projected 54% NOI growth potential through systematic unit renovations upon natural turnover. Recent capital improvements including a new flat roof (2025), upgraded copper plumbing, and completed sewer lateral work demonstrate the owner's commitment to maintaining the asset's structural integrity while reducing future capital expenditure requirements for the new owner. The common area laundry facility features owned machines, maximizing laundry income potential and eliminating lease obligations.

Location

State CA

County Alameda

Area Castro Valley

Interior

Heating Gas, Wall Furnace

Cooling Other

Flooring Other

Laundry Washer, Washer/Dryer - Owned, Dryer

Exterior

Exterior Feature Stucco, Wood Frame

Parking Features Parking Area

Garage Spaces 26.0

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 84A-181-83

Special Listing Condition Contingent, Not Applicable

MLS Listing IDX PLUS

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Proctor Elementary

    Public | KG - 5

  • 8

    Chabot Elementary

    Public | KG - 5

  • 8

    Marshal Elementary

    Public | KG - 5

  • 8

    Independent Elementary

    Public | KG - 5

  • 7

    Vannoy Elementary

    Public | KG - 5

  • 6

    Stanton Elementary

    Public | KG - 5

  • 6

    Castro Valley Elementary

    Public | KG - 5

  • 5

    Burbank Elementary School

    Public | KG - 6

  • 5

    Golden Oak Montessori of Hayward

    Public | 1 - 8

  • 4

    Lorenzo Manor Elementary School

    Public | KG - 5

  • 4

    Park Elementary School

    Public | KG - 6

  • 4

    Faith Ringgold School of Arts and Science

    Public | KG - 8

  • 4

    East Avenue Elementary School

    Public | KG - 6

  • 3

    Fairview Elementary School

    Public | KG - 6

  • 2

    Cherryland Elementary School

    Public | KG - 6

  • 2

    Strobridge Elementary School

    Public | KG - 6

  • 2

    Harder Elementary School

    Public | KG - 6

  • 1

    Hesperian Elementary School

    Public | KG - 5

  • 1

    Colonial Acres Elementary School

    Public | KG - 5

  • 1

    Hillside Elementary School

    Public | KG - 5

Middle Schools 7
  • 8

    Creekside Middle School

    Public | 6 - 8

  • 7

    Canyon Middle School

    Public | 6 - 8

  • 5

    Winton Middle School

    Public | 7 - 8

  • 4

    Bret Harte Middle School

    Public | 7 - 8

  • 3

    Bohannon Middle School

    Public | 6 - 8

  • 1

    Edendale Middle School

    Public | 6 - 8

  • 0

    Alameda County Opportunity

    Public | 7 - 12

High Schools 9
  • 9

    Canyon High School

    Public | 9 - 12

  • 5

    East Bay Arts School

    Public | 9 - 12

  • 5

    Silver Oak High Public Montessori Charter

    Public | 9 - 12

  • 5

    Hayward High School

    Public | 9 - 12

  • 2

    San Lorenzo High School

    Public | 9 - 12

  • 0

    Royal Sunset High School

    Public | 9 - 12

  • 0

    Brenkwitz High School

    Public | 9 - 12

  • 0

    Redwood Continuation High School

    Public | 9 - 12

  • 0

    Roy A. Johnson High School

    Public | 9 - 12

School and business data provided by Attom Data.
Eric Boyenga

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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