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.
MLS #
EB41107825
MLS Source
Bridge MLS
Days on Site
9
Appliances
Dryer, Washer
Flooring
Other
Cooling
Other
Heating
Gas, Wall Furnace
Garage/Parking
Parking Area, Garage: Car(s)
Sewer
Public Sewer
Water
Public
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 18 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 750 | 1 | 0/0 | $1,610 | – | – |
2 | 885 | 2 | 0/0 | $2,039 | – | – |
3 | 970 | 3 | 0/0 | $2,200 | – | – |
2504 Denning Ct is a Residential Income in Castro Valley, CA 94546. This 15,340 square foot property sits on a 0.54 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,250,000 and was built in 1961.
This address can also be written as 2504 Denning Ct, Castro Valley, CA 94546.©2025 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of August 18, 2025. For the most current information, please contact Joseph Owens, (925) 808-9098