Terra Castro Valley — Sale in Castro Valley, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Castro Valley, CA 94546

Investment Figures

Cap rate
5.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Terra Castro Valley is a stunning 37-unit apartment community located in the thriving city of Castro Valley, California, situated on a large 1.56-acre parcel and originally constructed in 1964 with a gross building area of approximately 35,164 square feet. The property offers thoughtfully designed two-bedroom townhouse and one-bedroom floor plans and has recently undergone extensive capital improvements, with select units featuring updated kitchens, granite countertops, stainless steel appliances, hardwood-style flooring, and renovated bathrooms. Ideally positioned in the East Bay, the property’s location is a commuter’s dream—close enough to the energy of the Bay Area while still offering a sense of tranquility—and is centrally located between three major employment hubs: Oakland, San Francisco, and San Jose. Castro Valley is one of the most in-demand markets in the East Bay, known for its excellent schools, short commute times, and appeal to young families, with abundant shopping, dining, and entertainment options just minutes away. Convenient access to the San Mateo–Hayward Bridge and Dumbarton Bridge provides a direct commute to Santa Clara County and major tech employers such as Google, Facebook, Apple, Salesforce, Visa, Sony, and others. Supported by strong employment fundamentals and low vacancy levels, Terra Castro Valley presents a compelling investment opportunity in a world-class East Bay location with proximity to major employers, transportation corridors, and lifestyle amenities. Investment Highlights: • Incredible Castro Valley Multifamily Asset • Extensive Capital Improvements • Desirable Unit Mix • Situated Within Close Proximity to the Castro Valley Shopping Center • Strong Employment Base

Market Context

This multifamily in Castro Valley, CA is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Castro Valley, CA — view the full market.

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