Levin Johnston Represents Dimond Property LP In $30.8M Hayward Multifamily Sale
SOLD
$30,800,000
+ 1
California
See Similar DealsMultiFamily
Sold 07/27/2020
SOLD
Levin Johnston Represents Dimond Property LP In $30.8M Hayward Multifamily Sale
22189 S Garden Ave, Hayward, CA, USA
See Similar DealsMultiFamily
Sold 07/27/2020
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 22189 S. Garden Ave. & 22120 Center St. in Hayward has been sold in a recent transaction. The sale was facilitated by Adam Levin, Robert Johnston, and Chris Saiz of Levin Johnston from Marcus & Millichap. The property, owned by Dimond Property LP and represented by Brian Murphy and Adeline Machado, was sold for $30,800,000. This multifamily asset consists of 96 units, with a per unit price of $320,833.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,800,000
- Address: 22189 S. Garden Ave. & 22120 Center St., Hayward
- Market: Hayward
Adam Levin, Robert Johnston, and Chris Saiz of Levin Johnston from Marcus & Millichap acted as the brokers in this sale. They represented the sellers, Dimond Property LP, and their representatives Brian Murphy and Adeline Machado. These individuals played a significant role in facilitating the transaction for the multifamily property in Hayward.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,642,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$109,425.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$146,007.71
Annual Debt Service$1,752,092.56
Is there something missing? Send suggestions