2504 Denning Ct, Castro Valley, CA 94546

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
2504 Denning Ct,Castro Valley, CA 94546
$4,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:joseph owens
Office:marcus & millichap
MLS#:41107825
Source:CRMLS

Price summary

  • Price:$4,850,000

About this home

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

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Home facts

  • Year built:1961
  • Listing ID #:41107825
  • Added:45 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Heating and cooling

  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Year built:1961
  • Lot area:0.54 Acres

Finances and disclosures

  • Price:$4,850,000
  • Tax amount:$69,363
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